The ACTION Partnership wants to ensure that the Financial Intermediary Fund (FIF) for Pandemic Prevention, Preparedness, and Response hosted by the World Bank can efficiently support the country and regional capacity needed to react to the next crisis and fill a gap in the existing global health security ecosystem. A White Paper was released for feedback and the current version has posed serious concerns to us about the strategic value-add of the FIF, issues around transparency and inclusivity as a global public good, especially in its decision making, and its ability to enhance vs. duplicate existing global health institutions efforts.
The partnership provided feedback on the FIF White Paper in a letter addressed to World Bank leadership. Read below for our recommendations.