FILE PHOTO: U.S. Treasury Secretary Janet Yellen testifies before the House Financial Services Committee regarding the department’s annual report on the international financial system, on Capitol Hill in Washington, U.S. July 9, 2024. REUTERS/Ken Cedeno/File Photo
RIO DE JANEIRO (Reuters) - The U.S. has pledged $667 million to the latest funding round for a global fund aimed at preventing pandemics and preparing countries to deal with them, making up one-third of a $2 billion direct funding goal, the U.S. Treasury said on Wednesday.
The move, which requires approval from Congress, is aimed at encouraging other donors to double their initial pledges to the Pandemic Fund, set up in September 2022 to fill gaps in pandemic prevention, preparedness and response capacity in low- and middle-income countries.
