The global COVID response effort has been in desperate need of a shot in the arm. Yesterday’s US-hosted Global COVID-19 Summit, on the sidelines of the UN General Assembly, aimed to provide just that. Here are a few of the highlights, and what was missing.
CGD Policy Blogs
Governing New Pandemic Preparedness Financing – What’s Needed for Credibility, Legitimacy, and Effectiveness
Regardless of the institutional home and scope, there are four essential attributes to build into the financial intermediary fund (FIF)’s design, drawing on lessons learned from existing global funding entities and the broader global governance community. While these elements are intuitive in theory, they require deliberate design and commitment to ensure that they are integrated effectively into the ultimate FIF.