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World Bank's Pandemic Fund and India's Funding Request - UPSC Notes

In May 2023, India approached the World Bank’s Pandemic Fund with a funding request of approximately $55 million. This article sheds light on the World Bank’s Pandemic Fund and India’s request for funding, a crucial topic for the IAS exam current affairs segment.

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What is the Pandemic Fund?

Following the devastating Covid-19 pandemic, the World Bank established the Pandemic Fund. It aims to fortify pandemic prevention, preparedness, and response capacities in countries with low and middle incomes.

  • The fund provides additional resources specifically for pandemic prevention, preparedness, and response. It encourages countries to boost investments, improves coordination among partners, and serves as a platform for advocacy.
  • In a related story, lumpy skin disease has made a comeback, impacting India’s cattle population. Several states are currently dealing with active cases.
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India’s Application for Pandemic Preparedness Funding:

  • India has sought funding from the World Bank’s Pandemic Fund to fight pandemics affecting both humans and animals.
  • Given that many diseases are zoonotic , India stresses the need for animal disease surveillance and prevention.
  • This request underscores India’s dedication to being fully equipped for any future global pandemics or health crises.

Goals and Financial Support of the Pandemic Fund

  • The Pandemic Fund, launched in September 2022, makes crucial investments to reinforce pandemic prevention, preparedness, and response capacities at local, regional, and global levels.
  • The fund’s first allocation round approved $300 million. The United States and the European Union have made substantial pledges, with total commitments surpassing $1.6 billion.

Structure and Collaboration of the Pandemic Fund

  • The World Bank is the trustee of the Pandemic Fund and houses its Secretariat, which includes technical staff from the World Health Organization (WHO) .
  • The fund functions through a cooperative partnership among donor countries, co-investors, foundations, and civil society organizations.
  • Its main goal is to support low- and middle-income countries in their efforts to prepare for pandemics.

Resurgence of Lumpy Skin Disease

  • Lumpy skin disease, a severe condition that affects cattle, has re-emerged in India.
  • As of May 18, 2023, there were 10,413 active cases, mostly in Uttarakhand, Maharashtra, and Karnataka.
  • The disease has been detected in eight states since January 2023, with a recent increase in cases.
  • Vaccination campaigns are underway to control the disease, and a second round of vaccinations has begun.

Steps to Combat Lumpy Skin Disease

  • In the second round of vaccination, around 1.87 million doses of goat pox vaccine, which is somewhat effective against lumpy skin disease, have been given to animals since January 2023.
  • The final stages of approval are underway for the development of an indigenous vaccine specifically for lumpy skin disease.
  • Uttarakhand has vaccinated about 58% of animals in the second stage, with more vaccine doses available.

Seasonal Nature of Lumpy Skin Disease

  • Lumpy skin disease is a vector-borne disease that usually rises during the summer and peaks during the monsoon season.
  • With the ongoing vaccination efforts, the likelihood of a further increase in cases is considered low.

Conclusion

  • India’s request for funding from the World Bank’s Pandemic Fund emphasizes the country’s dedication to enhancing pandemic preparedness.
  • The re-emergence of lumpy skin disease in cattle necessitates proactive measures, such as vaccination campaigns and the development of an indigenous vaccine.
  • These developments highlight the importance of strong measures to tackle health challenges affecting both humans and animals.
Related Links
Covid-19 Covax
What is a Virus? Animal Husbandry Infrastructure Development Fund
Key Facts about Livestock Census United Nations
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