New tool facilitates greater transparency and coordination in COVID-19 financing

 

These are the extracts from World Bank Blog.  See below link for full article. 

At the height of COVID-19, international appeals were launched and contributions made. The World Bank Group quickly moved to provide fast, flexible support to help countries strengthen their pandemic response, including in health care systems. Over the next 15 months, the World Bank Group is expected to provide up to $160 billion in financing to address the health, economic, and social shocks countries are facing, including over $50 billion of IDA resources on grant and highly concessional terms. Similarly, the Netherlands responded by providing around 111 million EUR in response to the crisis. The pandemic has made it clear that tracking and aggregating this collective information is key to enabling a more coordinated and effective response.

To try to provide an overview of the collective response to COVID-19, the World Bank Group and the Government of the Netherlands, as Co-Conveners of the Workstream on Greater Transparency, initiated the development of a COVID-19 funding tracking prototype (financed by the Dutch Government). The prototype visualizes data on funding from international humanitarian, development, and philanthropic actors to help connect the dots.

In full: https://blogs.worldbank.org/opendata/new-tool-facilitates-greater-transparency-and-coordination-covid-19-financing