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Reuters
Reuters
Business
Jennifer Rigby

G20 pandemic fund ploughs ahead amid fears world not ready for future threats

FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo

A multi-billion dollar fund set up by G20 countries to help developing countries better prepare for pandemics could be operational within months, according to the World Bank.

The bank – which will house the fund – said it was "proceeding quickly" to set up the facility, after releasing a white paper for consultation last week on how it might work.

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