Australia Commits $50 Million to Global Pandemic Fund

A woman receives the AstraZeneca COVID-19 coronavirus vaccine at a makeshift mass vaccination clinic in Denpasar on Indonesia's resort island of Bali on July 6, 2021. Sonny Tumbelaka/AFP via Getty Images

Australia has pledged $50 million (US$33.4 million) to the new Pandemic Fund, a new global fund launched by Indonesian President Joko Widodo in Bali on Nov. 13.

The Pandemic Fund, hosted by the World Bank, is the result of global lessons learnt from the COVID-19 pandemic, designed to improve preparedness capabilities for future pandemic threats in developing countries.