Announcement | November 25, 2025
At its meeting in Kigali, Rwanda on November 19, 2025, the Pandemic Fund Governing Board[1] approved a further US$500 million in grants under the 3rd Call for Proposals—supporting 32 low- and middle-income countries through 20 projects to strengthen pandemic prevention, preparedness, and response (PPR) capacities (see Table 1). Thanks to additional international co-financing and domestic co-investments, these grants will mobilize over US$4 billion, underscoring the strong catalytic capabilities of the Pandemic Fund—the sole dedicated international instrument to prevent and prepare for pandemics.
Through just three Calls for Proposals since February 2023, the Pandemic Fund is set to mobilize a total of over US$11 billion, reaching 98 countries across six regions. Detailed funding allocations under the 3rd Call for Proposals will be announced early in the new year once project arrangements are finalized.
The Board also endorsed a new methodology to identify countries with the highest risks and needs—so the Pandemic Fund can best fill capacity gaps in the most challenging contexts. This new methodology can also help global health actors beyond the Pandemic Fund to better target their PPR actions. Further, the Board agreed to launch a targeted funding round in March 2026 to support high-risk high-need countries that have not yet received Pandemic Fund support[2], many of which are in a fragile situation. The new round will include pre-allocated amounts for eligible countries along with flexibility to facilitate support, such as a one-year window during which applications can be accepted on a rolling basis.
With its unique collaborative and catalytic financing model that draws in additional resources from partners; its focus on country leadership and ownership; strong civil society and multi-sectoral stakeholder engagement; and a lean, efficient delivery model, the Pandemic Fund looks forward to the growing impact of its investments, which strengthen global health security for all.
With this third round of grants, the Pandemic Fund is once again demonstrating the power—and the necessity—of global collaboration. These investments will reinforce national and regional health systems at a time when countries are facing mounting threats. By building stronger defenses everywhere, we protect people no matter where they live. We encourage global partners to continue investing in the Fund so it can meet the rapidly growing demand for financing that saves lives. — Pandemic Fund Board Co-Chairs Dr. Sabin Nsanzimana, Minister of Health of Rwanda, and Dr. Chatib Basri, former Minister of Finance of Indonesia.
The Pandemic Fund’s model puts countries firmly in the driver’s seat. They are setting their own priorities and mobilizing significant domestic and international resources alongside the Fund’s support. Preparedness financing still falls short of what’s needed, but our country-led, collaborative, and catalytic approach is working—embedding preparedness within national systems and ensuring lasting ownership rather than short-term, crisis-driven responses. Investing in the capacities countries need to detect and contain outbreaks—and to prevent future pandemics—is one of the smartest choices we can make today to avoid far greater economic, social, and human costs tomorrow. — Priya Basu, Executive Head of the Pandemic Fund.
[1] Full list of the Pandemic Fund Governing Board members can be found here: https://www.thepandemicfund.org/who-we-are/board
[2] Afghanistan, Benin, Central African Republic, Congo, Eritrea, Guinea, Haiti, Liberia, Madagascar, Mali, Mozambique, Niger, Nigeria, Sudan and Uganda.
See the full list of projects funded by the Pandemic Fund in the third Call for Proposals.
Last Updated: February 12, 2026
