Remarks by Secretary of the Treasury Janet L. Yellen at the Pandemic Fund Investment Case Launch Event

As Prepared for Delivery Thank you for the introduction. I am pleased to be here today to celebrate the launch of the Pandemic Fund’s Investment Case and to announce the United States’ intended pledge to support the Pandemic Fund through 2026. Two years ago, finance and health ministries came together in record time to launch the Pandemic Fund to address the critical gaps in pandemic prevention, preparedness, and response revealed by the COVID-19 pandemic. The Pandemic Fund has since accomplished an extraordinary amount in an extremely short time. In just two years, it has raised nearly $2 billion from 25 countries and three philanthropies and leveraged an additional $2 billion in financing from countries and implementing partners like the multilateral development banks and the World Health Organization.