The World Health Organization (WHO) has announced the creation of an independent Fund that will provide economic support to WHO’s efforts to address the most urgent health challenges around the world, the WHO said in a statement on Wednesday.
The Fund, which is headquartered in Geneva, will provide financial support to the work of WHO and partners to achieve the goals of protecting 1 billion people from health emergencies by 2023, achieving universal health coverage for another 1 billion people, and improving the health and well-being of another 1 billion people.
The Foundation is an independent legal entity from WHO and will help to attract funds received in the form of donations from citizens, individual major donors, and corporate partners. This financial assistance will be directed to the implementation of WHO and partner programs.
“An important component of the success of WHO’s future activities is to expand the donor base and improve both the quantity and quality of financial resources at its disposal. The creation of the WHO Foundation as one of the elements of the organization’s transformation is an important step forward towards this goal, as well as towards the goal of improving people’s health, maintaining global security and reaching vulnerable groups with health services,” WHO Director-General Tedros Adhanom Ghebreyesus said in a statement.
The founder of the Foundation WHO was a former Minister of the health of Switzerland and Director-General, national health authorities of Switzerland Professor Thomas Zeltner. According to him, “WHO needs a strong and independent external source of support that will be able to help her and to help improve the effectiveness of its work.”
As emphasized in the WHO statement, in the light of the COVID-19 pandemic, the WHO Foundation will focus its first phase on emergencies to the epidemic addition; will provide funds for other WHO global health priorities.