The Ebola Crisis motivated the World Bank to launch the Pandemic Emergency Financing Facility in 2016. But how effective has the PEF been in dealing with COVID-19?
Finance plays an instrumental role when battling a pandemic. However, timing can undermine the availability of funds e.g. the slower finance is mobilized, the faster pandemics spread. During the 2014/2015 West African Ebola Crisis, the World Bank estimated that a delay in funding led to a loss of about 11,000 lives with significa