World Health Organization receives $1 billion in pledges for next budget
World Health Organization receives $1 billion in pledges for next budget
The World Health Organization said it received pledges worth $700 million for its 2025-2028 budget at a event in Berlin on Monday, October 14, in addition to $300 million already pledged by the European and African Unions.
Germany said it would provide at least 360 million euros ($392.47 million). It and the United States are the biggest country donors to the Geneva-based organization.
"Recently, just a handful of countries have provided large amounts of funding," German Chancellor Olaf Scholz said. "It would be better for us to spread the responsibility across many more shoulders. Every contribution counts, no matter how small."
WHO members agreed two years ago to overhaul its funding model which has been described as "fundamentally rotten" due to its over-reliance on the whims of donors.
The agreement means obligatory fees should rise to up to 50% of the budget by 2030-2031 from just 16% in recent years.
REUTERS VIDEO
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The World Health Organization said it received pledges worth $700 million for its 2025-2028 budget at a event in Berlin on Monday, October 14, in addition to $300 million already pledged by the European and African Unions.
Germany said it would provide at least 360 million euros ($392.47 million). It and the United States are the biggest country donors to the Geneva-based organization.
"Recently, just a handful of countries have provided large amounts of funding," German Chancellor Olaf Scholz said. "It would be better for us to spread the responsibility across many more shoulders. Every contribution counts, no matter how small."
WHO members agreed two years ago to overhaul its funding model which has been described as "fundamentally rotten" due to its over-reliance on the whims of donors.
The agreement means obligatory fees should rise to up to 50% of the budget by 2030-2031 from just 16% in recent years.
REUTERS VIDEO
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NewsTranscript
00:00Recently, just a handful of countries have provided large amounts of funding.
00:05It would be better for us to spread the responsibility across many more shoulders.
00:12Every contribution counts, no matter how small.
00:15Germany too supports sustainable financing for WHO.
00:20And so I am pleased to be able to share with you today that Germany will be providing the
00:25World Health Organization with a total of at least 360 million Euro for the next general
00:31program as well.
00:35We need the WHO to make sure that our risk of pandemic is kept very, very low because
00:40we saw what the cost of a pandemic was.
00:45The things WHO does, no country can do on its own.
00:52Together, WHO and these organizations provide a comprehensive approach to global health.
00:58Alongside partners like the World Bank's International Development Association, they
01:04are responsible for the unprecedented progress.