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    • Opinion
    • Pandemic Preparedness

    Opinion: Why set up new pandemic finance mechanisms when 2 already exist?

    Negotiations for an agreement on pandemic prevention, preparedness, and response include establishing two new global health financing mechanisms when two others already exist.

    By Guilherme Ferrari Faviero, Jorge Saavedra, José Szapocznik // 30 November 2023

    In December 2021, as an apparent panic reaction to the spread of omicron, member states of the World Health Assembly reached a consensus decision to establish an Intergovernmental Negotiating Body to draft an international agreement to strengthen pandemic prevention, preparedness, and response, or PPPR. After several drafts and a dynamic process of nearly two years, on Oct. 30, the INB released its Proposal for Negotiating Text of the Pandemic Agreement that is now under consideration. Among its many provisions, this version of the text proposes that the Conference of Parties — the yet-to-be-created supreme decision-making body of the agreement — establish two new global health financing mechanisms for PPPR.

    These mechanisms, a capacity development fund and an endowment, are both primarily aimed at assisting low- and middle-income countries meet agreement obligations and build their PPPR infrastructure.

    This proposal, however, fails to take into account two key global health financing mechanisms: the newly created Pandemic Fund and the well-established Global Fund to Fight AIDS, Tuberculosis and Malaria.

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    Read more:

    ► Mistrust curbs progress on pandemic preparedness, says monitoring body

    ► Is the western Pacific ready for the next pandemic?

    ► Advocates say the UN pandemic meeting was a dud. What's next?

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    The views in this opinion piece do not necessarily reflect Devex's editorial views.

    About the authors

    • Guilherme Ferrari Faviero

      Guilherme Ferrari Faviero

      Guilherme Ferrari Faviero is a Brazilian-American attorney. He directs the AHF Global Public Health Institute at the University of Miami where he combines his legal training and scientific background to policy analysis and global health advocacy.
    • Jorge Saavedra

      Jorge Saavedra

      Dr. Jorge Saavedra is the executive director of the AHF Global Public Health Institute and AHF Mexico. A Universidad Nacional Autónoma de México medical graduate with two master’s degrees from Harvard, he's also led Mexico's National AIDS Program and Clinica Condesa, the largest HIV clinic in Latin America.
    • José Szapocznik

      José Szapocznik

      José Szapocznik is professor and chair emeritus of public health sciences and director of the Public Health Policy Lab at the University of Miami School of Medicine. He founded the Panel for a Global Public Health Convention and was the senior author of the Lancet Public Health article that guides its work.

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