$240 Million COVID-19 Fund Pledged To By Multiple Industry Giants

It’s been over a year since The Covid-19 Solidarity Response Fund began on March 13, 2020. The fund, used to raise money for the World Health Organization and partners in the fight against COVID-19 has been incredibly beneficial to those in need and the world at large.

Many credit the fund for helping to move along the process of battling the coronavirus. What set it apart from other medical charities is that donors don’t decide where or in what manner their donation is used. The money, rather, tackles the Covid response in a number of different ways. From Ethiopia to Gaza and ventilators to respirators, the donations go all over the planet and help all sorts of people.

A post shared by World Health Organization (@who)

RELATED: Bill Gates Talks Synthetic Meat, COVID, & Climate Change In New Reddit AMA

As of today, the donor count is over 660,000 who have pledged more than an astounding $240 million in total. While the number is high, donations are still rolling in and, unfortunately, only a small percentage of the nearly $2 billion WHO is hoping for in the fight against Covid-19 in the upcoming year.

While donations can come from corporations or groups, a large portion of the donors to The Solidarity Response Fund are individuals. According to the World Health Organization, there only several hundred corporations, foundations, or other institutions. among the over half a million registered donors. A large number of those companies pledged their allegiance early on in the global pandemic.

Some of these groups offering over $100,000 include well-known entertainment entities like Nintendo, tech giants like Microsoft, pharmaceutical teams like Johnson & Johnson, and popular fashion brands like Alexander Wang. Nearly any individual or organization can donate.

According to their website, the COVID-19 Solidarity Response Fund says they are committed: “To defeat the COVID-19 virus will take a coordinated, global response, with everyone from every sector doing their part. We are grateful to the following partners, whose contributions will greatly support the World Health Organization’s lifesaving work to help all countries protect their population, prevent, detect, and respond to COVID-19, especially where needs are greatest.”

As for celebrities, many have have stepped up and offered support to the COVID-19 Solidarity Response Fund, including Rihanna and FIFA, world soccer’s governing body. With such a strong outpouring from those in highly prominent positions, the hope is that others will join the battle and send donations for a COVID fight that, while winding down, is far from over. 2021 looks to be a major year for those battling the pandemic.

READ NEXT: The Italian Billionaires Behind The Glass Vials Of The COVID-19 Vaccine

Sources: Forbes, COVID-19 Solidarity Response Fund, UN Foundation


Source: Read Full Article