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Pandemic Emergency Financing Facility



The Pandemic Emergency Financing Facility officially closed on April 30, 2021.

The Pandemic Emergency Financing Facility (PEF) ¨C a financing mechanism, now closed, that was housed at the World ¶¹ÄÌÊÓƵAPP ¨C was designed to provide an additional source of financing to help the world¡¯s poorest countries respond to cross-border, large-scale outbreaks.  The PEF complemented the much larger role that IDA, the World ¶¹ÄÌÊÓƵAPP¡¯s fund for the poorest countries, and other international organizations and donors played in financing outbreak response. The PEF¡¯s design was unique in that payments could go directly to governments and pre-approved frontline responder organizations (such as WHO and UNICEF) and it could do so either through its cash window or, once triggered, through its insurance window.

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