World Politics
World Bank launches insurance scheme to fund pandemic responses

The World Bank has launched a global insurance fund aimed aimed at speeding up the international community’s response to pandemic disease outbreaks. The impetus for the innovative financial scheme was the 2013-2016 West Ebola outbreak that, due in part to the global community’s slow response, killed more than 11,000 people and ended up costing more than $10 billion to put down.