The Geneva Health Files has published an essay by Mariska Meurs and Koen Scholten from Wemos, emphasizing the critical need for financing in the ongoing negotiations of the pandemic agreement. As discussions approach their third year, the authors argue that financing remains under-analyzed, jeopardizing the potential for a more equitable and resilient global health framework.
While recent drafts of the agreement have shown some progress, particularly in articles on international cooperation, they lack clear, legally binding obligations regarding pandemic prevention, preparedness, and response (PPR) financing. Meurs and Scholten highlight the necessity of a fair financial framework to support the implementation of new obligations and advocate for the inclusion of essential financing topics, such as debt relief, a more effective global tax system, and the role of Official Development Assistance (ODA).
The essay warns that neglecting these components could shift vital resources away from primary healthcare and other crucial services, especially in low- and middle-income countries. The authors call on member states to take advantage of this unique opportunity to address the financial architecture governing pandemic financing and to ensure sustainable, equitable funding mechanisms are in place.
In conclusion, the essay urges negotiators to prioritise strong language in the pandemic agreement that guarantees adequate domestic resources and fair financing mechanisms, ultimately working towards a healthier, safer world.