The fund will mainly come from private enterprises, especially those multinational companies with operations in Asia. At the same time, WHO will raise another $ 1 billion from donor countries to strengthen and expand its global disease outbreak and response network.
Lee Jong-wook, the newly elected Director-General of WHO in South Korea, said that this is only the first step in the global response to the threat of this infectious epidemic.
On the same day, the United Nations Development Programme, the World Bank, WHO and the Bill Gates Foundation also announced the establishment of a plan to study and diagnose the world's deadliest diseases. The Gates Foundation will donate $30 million to the project in the next five years.
Extended data:
On the 27th, the Director-General of the World Health Organization (WHO), Tedros Adanom Ghebreyesus, announced the formal establishment of the WHO Foundation to raise funds to meet the most pressing global health challenges.
Tedros Adhanom Ghebreyesus said at the video news conference that the establishment of the WHO Foundation is the crystallization of the active preparations and efforts of countless individuals and partner organizations over the past two years, which is a "historic" step for WHO.
Tan Desai said that less than 20% of the WHO budget is the "assessed contributions" of member States, and the use of this part of the funds is more flexible; More than 80% are voluntary contributions from Member States and other donors, which are usually strictly earmarked for specific programmes, which means that WHO does not have much discretion in using its funds.
China Net-WHO announced the establishment of a special fund of 1 billion dollars to fight SARS.