WASHINGTON, CMC—The Pan American Well being Group (PAHO) says eight Caribbean Neighborhood (CARICOM) nations will profit from the second spherical of funding below its Pandemic Fund (PF).
Guyana, Trinidad and Tobago, Antigua and Barbuda, Dominica, Grenada, St. Kitts-Nevis, St. Lucia, and St. Vincent and the Grenadines have been included in 10 nations in Latin America and the Caribbean that may profit from the funding geared toward bettering their preparedness for future pandemics.
PAHO stated that tasks chosen by the multilateral financing mechanism will profit the ten nations. The grants, totaling US$84.1 million, will improve illness surveillance and early warning techniques, enhance laboratories, and develop the well being workforce, amongst different very important actions.
The PAHO will actively take part as an implementing entity in supporting 4 of the 5 new tasks, collaborating intently with authorities actors, different supply companions, and key stakeholders.
“This financing represents a vital funding in enhancing pandemic prevention, preparedness, and response capacities in Latin America and the Caribbean,” stated Dr. Jarbas Barbosa, PAHO Director.
“Our area was the toughest hit throughout the COVID-19 pandemic and the 2022 pox outbreak, and continues to face substantial dangers from the emergence and re-emergence of pathogens of epidemic and pandemic potential, as illustrated by the present outbreak of Oropouche illness virus,” he added.
Throughout its second name, the Pandemic Fund acquired 146 proposals, with funding requests totaling US$4.6 billion, nearly 10 occasions the accessible price range of $500 million.
PAHO stated 23 tasks had been accredited globally, allocating US$418 million total. The Fund allotted US$128.89 million to five tasks addressing the present pox outbreak in Africa in September 2024.
“Whereas the funds allotted to Latin America and the Caribbean might be vital, they symbolize simply 20% of the full funds requested, highlighting the pressing want for extra sustainable financing for pandemic preparedness in our area,” Dr. Barbosa stated.
The Pandemic Fund is a catalytic financing mechanism that gives important assets to advance pandemic prevention, preparedness, and response (PPR) capacities whereas incentivizing additional funding in PPR. It’s a part of a broader motion in direction of reaching extra sustainable financing for PPR for nationwide and world well being safety.
Hosted by the World Financial institution, the Pandemic Fund has already supported 4 American tasks below its first financing spherical, totaling US$45 million in grant funds.
A 3rd name for proposals is anticipated to be launched throughout the first quarter of 2025.
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