The World Bank Group is taking broad, fast action to help developing countries strengthen their pandemic response, increase disease surveillance, improve public health interventions, and help the private sector continue to operate and sustain jobs. At the forefront of the multilateral crisis response, the WBG delivered an unprecedented $204 billion in financial support to public and private sector clients in the first two calendar years of the crisis (CY20-21), of which $135 billion is from IBRD/IDA, $60 billion from IFC and $9 billion from MIGA.
As of June 30, 2022, the World Bank approved operations to support vaccine rollout in 78 countries amounting to $10.1 billion. Through this, the World Bank Group is working with partners on the largest vaccination effort in history to stop the COVID-19 pandemic.
On April 2, 2020 the first group of projects using the dedicated COVID-19 Fast-Track Facility (also called the COVID-19 Strategic Preparedness and Response Program (SPRP)), amounting to $1.9 billion and assisting 25 countries, was rolled out.
On May 19, 2020 the Bank Group announced its emergency operations to fight COVID-19 have reached 100 developing countries – home to 70% of the world’s population. On October 13, 2020, $12 billion was approved for developing countries to finance the purchase and distribution of COVID-19 vaccines, tests, and treatments for their citizens.
On June 30, 2021 President Malpass announced the expansion of financing available for COVID-19 vaccine financing to $20 billion over the next 18 months, adding $8 billion to the previously announced $12 billion.
In addition, we are working worldwide to redeploy resources in existing World Bank financed projects, including through restructuring and use of projects’ emergency components as well as contingent financing instruments designed for catastrophes, including pandemics.
The lists below include:
- Projects that are supported by the COVID-19 Fast-Track Facility, including support for COVID vaccine acquisition and/or deployment;
- Projects with support from IBRD and IDA, with components responding to COVID-19, and projects that receive COVID-19 funding through restructuring, redeployment, and reallocation of existing resources.
These lists are updated as projects are processed and approved.