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- World Health Organization (WHO) has got $1 billion in pledges for next budget, covering the period 2025-28.
- Of this, fresh financing commitments from European nations, foundations, and organisations totalled close to $700 million.
- Concurrently, $300 million came from renewed financial pledges.
- The funding was announced during the WHO Investment Round Signature Event.
- This event was held at the World Health Summit in Berlin.
- With an additional $260 million in voluntary assistance, Germany committed to around $400 million over a four-year period.
- A US$50 million donation was made by the UK-based philanthropic organisation Wellcome.
- The World Diabetes Foundation, Resolve to Save Lives, and the Institute for Philanthropy each contributed $10 million.
- A noteworthy commitment of US$ 50 million was also made by the WHO Foundation, with assistance from the business community.
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