CGD in the News

Devex: What's in the US Senate's pandemic preparedness bill?

July 22, 2021

From the article:

Even at the World Bank, a new mechanism could be structured in a number of different ways.

The Global Fund technically operates under the auspices of the World Bank, which serves a treasury function for the organization but is otherwise hands-off. A similar structure could work with this new fund, or it could have closer ties to the World Bank, which is the case with some other global funds and facilities, said Reynolds.

A facility similar to the Global Environment Facility at the World Bank, focused on pandemic preparedness and response would work well, said Amanda Glassman, executive vice president at the Center for Global Development.