In the face of a global crisis, it is important to take quick and drastic measures that allow a strong recovery in a short time. The COVID-19 pandemic is a great example of how joint efforts are the best way to respond in the short and long term to an unprecedented health and socio-economic crisis. To this end, the United Nations created the COVID-19 Response and Recovery Fund, a UN inter-agency fund mechanism established by the UN Secretary-General to help support low-and-middle income countries to respond to the pandemic and its impacts.
The Fund’s assistance focuses on:
- Tackling the health emergency
- Social impact and the economic response and recovery
- Helping countries recover better
Several first world countries have been part of this initiative and have donated money that will be destined to the most vulnerable countries in order to support decision-making and strengthen response and recovery plans.
We have identified the top 6 countries that have donated the most funds, and the top 5 countries to which most of the funds have been allocated.
Top 6 donor countries
1. Norway
Financial resources donated: 17,708,207 USD
2. Netherlands
Financial resources donated: 16,853,932 USD
3. Switzerland
Financial resources donated: 9,576,070 US
4. Denmark
Financial resources donated: 7,356,475 USD
5. Sweden
Financial resources donated: 5,500,671 USD
6. *Republic of Korea
The Republic of Korea is the first non european country on the list.
Financial resources donated: 5,000,000 USD
Top 5 countries that have received funds
1. India
Received funds: 3,700,019 USD
2. Kosovo
Received funds: 2,569,652 USD
>>Check out this country’s Response and recovery plan
3. Indonesia
Received funds: 2,000,000 USD
>>Check out this country’s Response and recovery plan
4. Guatemala
Received funds: 1,850,000 USD
5. Cambodia
Received funds: 1,846,325 USD
Bonus track
- India, the country that has received the most attention from the fund, is the third country with the most deaths caused by COVID-19, with a total of 318,895 deaths registered on May 28, 2020.
- Brazil and Mexico, 2 countries that are in the top 5 countries with the most deaths caused by COVID-19, are not receiving money from the fund to date.
