NEW DELHI : At least 15 of the world’s major philanthropies have signed a letter calling on shareholders and leaders of the World Bank Group and International Monetary Fund to make substantive changes to improve pandemic preparedness and ensure an equitable global recovery.
Specifically the letter called for three things—striving to achieve the World Health Organization’s (WHO's) ambitious vaccination targets of at least 40% of the population in low- and middle-income countries by the end of this year and 70% by September 2022; having high-income country governments reallocate at least $100 billion in recycled Special Drawing Rights for low- and middle-income countries in 2021; and commit to a $100 billion replenishment of the World