COVID-19 has presented a global health emergency and exposed weaknesses in health systems in the developing world. The crisis has highlighted the need for investments focused on pandemic preparedness, including improvements in infrastructure, capacity-building for health workers, and strengthening the global health sector.
DFC is supporting efforts to address vaccine shortages by increasing manufacturing capacity in multiple regions, with multiple technologies and within large and small countries. DFC's investments are projected to facilitate expansion of more than two billion COVID-19 vaccine doses across the globe, with more projects in the pipeline. This robust approach is tailored to advance long-term sustainable solutions to address current and future health threats.
Further, DFC’s Global Health and Prosperity Initiative seeks to catalyze up to $5 billion in investment to projects that support the COVID-19 response and build greater health resilience. DFC's investments are also helping advance DFI collaboration on infrastructure development to bolster private sector investment in shared priority sectors including climate, health, gender equality, and digital connectivity.