WASHINGTON, February 28, 2019 — The World Bank Group and the Pandemic Emergency Financing Facility (PEF) have approved a total of up to US$80 million in grants to support over half the estimated cost of an escalated six-month Ebola response effort being mounted by the government of the Democratic Republic of Congo (DRC) and international partners. The escalated campaign is estimated to cost about US$148 million and covers the period from February through the end of July 2019.
The World Bank Group today has made US$60 million of grant financing available through the International Development Association (IDA), its fund for low-income countries.
The Pandemic Emergency Financing Facility (PEF), an innovative financing mechanism created by the World Bank Group together with Japan, Germany and Australia, approved up to a $20 million grant from its Cash Window within three days of receiving a request from the DRC government. Half of this amount will be released immediately to support frontline response, with the balance to be released within a month or sooner according to operational need.