developing country-focused International Development Agency are eligible to receive funds from the new facility. The World Bank wants to ensure that delays in funding containment and treatment for areas experiencing deadly outbreaks are avoided in future, to prevent similarly slow responses as seen following West Africa's Ebola outbreak. In a report released today, the bank said it would be "prudent" not to fund projects until they have been fully tested on human subjects. The facility is a pooled fund that is rechargeable and provides financial help to countries suffering from disease outbreaks. Investors stand to make a profit provided there are no outbreaks, paying out if a pandemic does occur.
The World Bank wants to ensure that delays in funding containment and treatment for areas experiencing deadly outbreaks are avoided in future, to prevent similarly slow responses as seen following West Africa's Ebola outbreak. In a report released today, the bank said it would be "prudent" not to fund projects until they have been fully tested on human subjects. The facility is a pooled fund that is rechargeable and provides financial help to countries suffering from disease outbreaks. Investors stand to make a profit provided there are no outbreaks, paying out if a pandemic does occur.