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WHO Secures $1 Billion in Pledges for Global Health Emergencies

WHO Secures $1 Billion in Pledges for Global Health Emergencies
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WHO Secures $1 Billion in Pledges for Global Health Emergencies

AspectDetails
EventWHO fundraising event in Berlin
Total Pledges$1 billion
Pledge Breakdown- $700 million: New contributions from European nations and philanthropies - $300 million: From prior commitments by the European Union and African Union
Key SpeakerGerman Chancellor Olaf Scholz emphasized the need for sustainable financing and its benefits for global health, especially for children.
Financial ChallengesWHO's 2022-23 budget was $6.7 billion, with 88% coming from voluntary contributions controlled by a few major donors.
Future Funding GoalRaise an additional $6.4 billion by May 2024 to meet the $7.4 billion total budget for the General Programme of Work 14 (GPW-14) covering 2025-2028.
Fundraising FormatInvestment rounds encouraging competition among nations to increase contributions.
Major Contributors ExpectedFrance, Spain, the UK, and the Bill & Melinda Gates Foundation.
Small Nations' Contributions16 African governments and Montenegro (first-ever donation) participated.
Philanthropic ContributionsWellcome Trust, Sanofi Foundation, and other philanthropies pledged significant funds.

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