Epidemics and Pandemics Can Have Devastating Effects on Local, Regional, and Global Economies
The current COVID-19 pandemic and past epidemics have illustrated the vast impact the spread of infectious diseases can have on global health, economies, and societies.
While we have identified gaps in preparedness, we’re missing the resources needed to fill those gaps and maintain capacities to be prepared for the next pandemic threat. There is a strong economic case for sustained country-level investment to establish and maintain global health security capacity in support of the International Health Regulations (IHR) (2005) and other global health security frameworks, which are critical to help prevent and mitigate future infectious disease threats, as well as minimize risks to economies around the world.
Sustainable Financing for Preparedness Action Package Landscape Scan
When the SFP AP began its work in 2019, the AP conducted a landscape scan of existing materials related to the issue of sustainable financing for preparedness. The AP aims to update this catalog of related concepts, efforts, papers, etc. periodically with new developments and input from partners. The current version is displayed here. If you have additions, corrections, or other suggestions, please share them with the SFP AP here.
Financing for Country Preparedness Capacities – Visualization of Current Mechanisms and Flows
Key Points and Recommendations
There are many ongoing efforts and important questions related to sustainable financing for preparedness. To inform ongoing conversations about mechanisms for global health, the SFP AP developed a visualization that aims to provide a high-level overview of the landscape of financing mechanisms focused on preparedness. More details about the visualization and the associated summary of highlights and recommendations are below. The AP also intends to update this over time with new developments and input from partners. If you have additions, corrections, or other suggestions, please share them with the SFP AP here.
Sustainable Financing for Preparedness Action Package at the 2020 GHSA Ministerial Meeting
Contributing Action Package Members
Countries: Pakistan, Australia, Norway, Finland, Italy, United Kingdom, United States (Lead)
Organizations: Private Sector Round Table (PSRT), World Health Organization (WHO), GHSA Consortium (GHSAC), World Bank