There is a shortfall of USD 10.5 billion for pandemic preparedness.

Omissions

• The USD 10.5 billion is an ANNUAL financing gap, not a one-off shortfall; the MEP did not state the time frame.
• The figure originates from the 2021 G20 High Level Independent Panel and the 2022 WHO/World Bank G20 report; it has not been substantially revised and is therefore several years old.
• The gap is measured against total annual PPR needs of about USD 31.1 billion, of which approximately USD 10.5 billion is the additional donor/international financing shortfall.

Sources

• PrimaryWHO/World Bank G20 report – Analysis of Pandemic Preparedness and Response Financing (World Bank)Addressing the above-outlined US$ 10.5 billion priority financing gap for PPR will require efforts across multiple fronts. ... an estimated potential annual international funding gap of US$ 3.5 billion [for global/regional components].
• SecondaryGlobal Virus Network (GVN) – Strengthening Global Pandemic PreparednessAccording to research by the World Health Organization (WHO) and the World Bank presented to the Group of Twenty (G20) ... in 2022, an estimated USD $31.1 billion in annual funding is required to establish a comprehensive Pandemic Preparedness and Response (PPR) system. This falls at least USD $10.5 billion short of what is needed today to meet global preparedness requirements.
• SecondaryThink Global Health – Rethinking Financial Estimates for Pandemic Preparedness and Responsethe World Bank and WHO recently estimated the needs at $31.1 billion annually, including $10.5 billion of new funding from donors.