Pandemic Emergency Financing Facility
http://dbpedia.org/resource/Pandemic_Emergency_Financing_Facility
La Pandemic Emergency Financing Facility, ou en français le mécanisme de financement d'urgence en cas de pandémie (aussi connu sous le nom de Pandemic Bond) est un mécanisme de financement destiné à aider notamment les États des pays sous-développés lors d'une pandémie. Ce programme est géré par la Banque mondiale, qui l'a créé en 2016. Il est le pendant sanitaire du Fonds central d'intervention d'urgence.
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The Pandemic Emergency Financing Facility (abbreviated as PEF, and also known as Pandemic Bonds) is a controversial financing mechanism intended to assist governments and aid agencies with the management of a pandemic outbreak. It is provided by the World Bank, which raised the majority of the money by issuing $320m in bonds (which can be considered as a type of catastrophe bond) and $105m in swaps to private investors, Additional funding was provided by approximately $190m in donations from three countries and the World Bank's International Development Association.
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Pandemic Emergency Financing Facility
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Pandemic Emergency Financing Facility
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La Pandemic Emergency Financing Facility, ou en français le mécanisme de financement d'urgence en cas de pandémie (aussi connu sous le nom de Pandemic Bond) est un mécanisme de financement destiné à aider notamment les États des pays sous-développés lors d'une pandémie. Ce programme est géré par la Banque mondiale, qui l'a créé en 2016. Il est le pendant sanitaire du Fonds central d'intervention d'urgence.
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The Pandemic Emergency Financing Facility (abbreviated as PEF, and also known as Pandemic Bonds) is a controversial financing mechanism intended to assist governments and aid agencies with the management of a pandemic outbreak. It is provided by the World Bank, which raised the majority of the money by issuing $320m in bonds (which can be considered as a type of catastrophe bond) and $105m in swaps to private investors, Additional funding was provided by approximately $190m in donations from three countries and the World Bank's International Development Association. Jim Yong Kim, the president of the World Bank at the time the bonds were issued, described the programme as "leveraging our capital market expertise to serve the world’s poorest people."
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