One major achievement during this year’s G20 Summit was the establishment of a global fund dedicated to the prevention and containment of future pandemic threats.
Indonesia, as the host of the G20 summit which has a solid track record in global health diplomacy, can play roles in ensuring and securing that the pandemic fund can be put to good use. Initially called the Financial Intermediary Fund (FIF) for Pandemic Prevention, Preparedness and Response (PPR), the pandemic fund was launched on November 13.
The initial total fund amounted to US$1.4 billion, contributed by a state grouping including Australia, Canada, the European Union, France, Germany, China, India, Indonesia, Italy, Japan, South Korea, New Zealand, Norway, South Africa, Singapore, the United Kingdom, Spain, the United States and the United Arab Emirates and three philanthropic organisations (the Bill & Melinda Gates Foundation, the Rockefeller Foundation, and Wellcome Trust).
