Joe Biden announced that the US would give the World Bank $450 million to start a pandemic preparedness fund, which will be run in collaboration with the World Health Organization (WHO).
“We’re increasing our support for [a] new pandemic preparedness and global health security fund that will be established at the World Bank this summer with $450 million in seed funding,” Joe Biden announced at the second Global COVID Summit.
Vice President Kamala Harris also said that the US would work to “shape new international norms” on pandemic-related issues.