Berliner Boersenzeitung - Pandemic accord, tightened budget on menu at big WHO meet

EUR -
AED 4.279356
AFN 77.342596
ALL 96.588267
AMD 445.245914
ANG 2.085849
AOA 1068.528103
ARS 1684.920478
AUD 1.758327
AWG 2.098895
AZN 2.000098
BAM 1.955554
BBD 2.352214
BDT 142.892029
BGN 1.955743
BHD 0.439286
BIF 3450.584485
BMD 1.165243
BND 1.512462
BOB 8.069985
BRL 6.188594
BSD 1.167858
BTN 104.909256
BWP 15.515982
BYN 3.380989
BYR 22838.771667
BZD 2.348815
CAD 1.624915
CDF 2598.493062
CHF 0.936046
CLF 0.027259
CLP 1069.37901
CNY 8.240193
CNH 8.235265
COP 4424.417736
CRC 572.625526
CUC 1.165243
CUP 30.878951
CVE 110.251134
CZK 24.189639
DJF 207.974736
DKK 7.468849
DOP 74.210348
DZD 151.576082
EGP 55.433829
ERN 17.478652
ETB 182.104716
FJD 2.635811
FKP 0.874078
GBP 0.872977
GEL 3.147734
GGP 0.874078
GHS 13.303327
GIP 0.874078
GMD 85.062585
GNF 10148.115621
GTQ 8.945913
GYD 244.339271
HKD 9.070704
HNL 30.750001
HRK 7.530381
HTG 152.976012
HUF 382.036136
IDR 19419.364756
ILS 3.765047
IMP 0.874078
INR 104.87832
IQD 1529.914154
IRR 49085.880544
ISK 149.011092
JEP 0.874078
JMD 187.165658
JOD 0.826133
JPY 180.489235
KES 150.723926
KGS 101.900195
KHR 4677.552222
KMF 491.733124
KPW 1048.710785
KRW 1714.28866
KWD 0.357567
KYD 0.973282
KZT 590.298294
LAK 25334.922447
LBP 104583.895701
LKR 360.496209
LRD 206.13496
LSL 19.825192
LTL 3.440661
LVL 0.704844
LYD 6.348229
MAD 10.775645
MDL 19.865587
MGA 5194.324444
MKD 61.632249
MMK 2446.898083
MNT 4137.528116
MOP 9.363463
MRU 46.272982
MUR 53.682574
MVR 17.956659
MWK 2025.136618
MXN 21.224828
MYR 4.788568
MZN 74.461422
NAD 19.825192
NGN 1689.89492
NIO 42.97607
NOK 11.773968
NPR 167.85317
NZD 2.018942
OMR 0.448036
PAB 1.167953
PEN 3.927406
PGK 4.953526
PHP 68.743516
PKR 329.927022
PLN 4.228238
PYG 8099.016174
QAR 4.268663
RON 5.09165
RSD 117.397105
RUB 88.493403
RWF 1699.278998
SAR 4.373004
SBD 9.582756
SCR 15.836503
SDG 700.891918
SEK 10.96772
SGD 1.509221
SHP 0.874234
SLE 26.800929
SLL 24434.570407
SOS 666.313342
SRD 45.029085
STD 24118.186847
STN 24.497865
SVC 10.218759
SYP 12883.973776
SZL 19.819422
THB 37.148464
TJS 10.732896
TMT 4.078352
TND 3.428084
TOP 2.805627
TRY 49.555241
TTD 7.918038
TWD 36.421782
TZS 2843.194009
UAH 49.242196
UGX 4140.47927
USD 1.165243
UYU 45.754442
UZS 13912.250317
VES 289.663092
VND 30718.730513
VUV 142.29241
WST 3.263056
XAF 655.8717
XAG 0.020092
XAU 0.000276
XCD 3.149128
XCG 2.104844
XDR 0.815694
XOF 655.877327
XPF 119.331742
YER 277.795391
ZAR 19.73052
ZMK 10488.581818
ZMW 26.831741
ZWL 375.207916
  • CMSC

    0.0400

    23.48

    +0.17%

  • SCS

    -0.1200

    16.23

    -0.74%

  • NGG

    -0.5800

    75.91

    -0.76%

  • BCC

    -2.3000

    74.26

    -3.1%

  • RIO

    -0.5500

    73.73

    -0.75%

  • CMSD

    -0.0300

    23.32

    -0.13%

  • BCE

    0.0400

    23.22

    +0.17%

  • GSK

    -0.4000

    48.57

    -0.82%

  • BP

    -0.0100

    37.23

    -0.03%

  • BTI

    0.5300

    58.04

    +0.91%

  • RBGPF

    0.0000

    78.35

    0%

  • VOD

    0.0500

    12.64

    +0.4%

  • AZN

    -0.8200

    90.03

    -0.91%

  • JRI

    0.0500

    13.75

    +0.36%

  • RYCEF

    0.4600

    14.67

    +3.14%

  • RELX

    0.3500

    40.54

    +0.86%

Pandemic accord, tightened budget on menu at big WHO meet
Pandemic accord, tightened budget on menu at big WHO meet / Photo: Fabrice COFFRINI - AFP

Pandemic accord, tightened budget on menu at big WHO meet

Next week promises to be a crucial one for the World Health Organization, with member states coming together in Geneva to adopt a landmark pandemic agreement and a slimmed-down budget amid US funding cuts.

Text size:

Dozens of high-ranking officials and thousands of delegates are set to gather for the United Nations health agency's annual decision-making assembly, due to last from May 19 to 27.

"This huge gathering comes... at a pivotal moment for global health," Catharina Boehme, WHO's assistant director-general for external relations and governance, told reporters.

It comes as countries are confronting "emerging threats and major shifts in the landscape for global health and international development", she said.

More than five years after the emergence of Covid-19, which killed millions of people, much of the focus next week will be on the expected adoption of a hard-won international agreement on how to better protect against and tackle future pandemics.

After more than three years of negotiations, countries reached consensus on a text last month but final approval by the World Health Assembly is needed -- a discussion expected to take place on Tuesday.

- 'Without the US' -

The United States, which has thrown the global health system into crisis by slashing foreign aid spending, was not present during the final stretch of the talks.

US President Donald Trump ordered a withdrawal from the WHO and from the pandemic agreement talks after taking office in January.

The agreement "is a jab in the arm for multilateralism, even if it is multilateralism in this case without the US", said a European diplomat who asked not to be named.

The WHA will be called upon to ratify the adoption of the agreement and to launch an intergovernmental working group to negotiate technical details of the so-called Pathogen Access and Benefit-Sharing System (PABS), said negotiations co-chair Anne-Claire Amprou.

Core to the agreement, that system will be aimed at allowing the swift sharing of pathogen data with pharmaceutical companies, enabling them to quickly start working on pandemic-fighting products.

Once the PABS annex is completed and adopted at the 2026 WHA, "the whole (agreement) will open for signature", Steven Solomon, WHO's principal legal officer, told reporters.

Ratification by 60 states will be needed for the accord to come into force.

- Deep cuts -

Also high on the agenda next week will be the dramatic overhaul of WHO operations and finances.

WHO chief Tedros Adhanom Ghebreyesus told member states last month that the agency would need to slim down due to deep US funding cuts.

The agency has been bracing for Trump's planned full withdrawal of the United States -- by far its largest donor -- next January.

The United States gave WHO $1.3 billion for its 2022-2023 budget, mainly through voluntary contributions for specific projects rather than fixed membership fees.

"The loss of US funding, combined with reductions in official development assistance by some other countries, mean we are facing a salary gap for the next biennium of more than $500 million," Tedros said on Wednesday.

Tedros has not said how many jobs will be lost, but on Wednesday he announced the organisation would cut its leadership team nearly in half.

- Budget gap -

Next week, member states will vote on a proposed 20-percent increase of WHO's mandatory membership fees for the 2026-27 budget period, Boehme said.

Members already agreed in 2022 to increase the mandatory fees to cover 50 percent of the WHO budget.

Without that decision, Tedros said Wednesday that "our current financial situation would be much worse -– $300 million worse".

"It is essential, therefore, that member states approve this next increase, to make another step towards securing the long-term financial sustainability and independence of WHO."

Countries will also be asked to adopt the 2026-2027 budget, at a time when development assistance funding, including for health resources, are dwindling globally.

"We have proposed a reduced budget of $4.2 billion for the 2026-2027 biennium, a 21-percent reduction on the original proposed budget of 5.3 billion," Tedros said.

If the increase in membership fees is approved, the WHO estimates it can raise more than $2.6 billion, or more than 60 percent of the budget.

"That leaves an anticipated budget gap of more than $1.7 billion," Tedros said.

(A.Berg--BBZ)