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International

World Bank launches Pandemic Emergency Financing Facility

May 23, 2016 Reprints

The World Bank Group has launched the Pandemic Emergency Financing Facility, Asia Insurance Review reported.

The PEF includes an insurance window with coverage of up to $500 million and is expected to become operational in 2016.

The insurance window will provide coverage for an initial period of three years for outbreaks of infectious diseases such as filoviridae, coronaviridae, orthomyxoviruses and other zoonotic diseases.

All 77 nations that are eligible for financing from the International Development Association will be eligible for PEF.

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World Bank launches Pandemic Emergency Financing Facility

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