HRMARS - Pandemic preparedness requires rapid, adaptive responses amid significant uncertainty. However, traditional financing mechanisms in global health are often structured to minimize risk, emphasizing strict controls, predefined outputs, and rigid compliance frameworks. While these approaches ensure accountability, they can inadvertently constrain innovation and delay critical interventions during emerging health threats. This paper argues for integrating risk-tolerant financing models into global health systems, highlighting the need to balance flexibility with financial discipline. Drawing on lessons from recent pandemics and existing global health financing practices, the paper proposes a conceptual framework that incorporates adaptive funding mechanisms, governance guardrails, and accountability structures. The adoption of such models is essential to enable timely decision-making, support scientific innovation, and strengthen global pandemic preparedness.
Kaleem Ullah Khan (Mon,) studied this question.