Cross posting this from the other Pandemic thread since I thought it was interesting:
> d4mi3n
> What happens when the WHO classifies a pandemic? I imagine a number of processes and procedures come into effect--anybody know what they are?
> Hongwei
> My limited understanding understanding is that it automatically releases funding (from the WHO and other bodies) to help with the crisis. It should also trigger some catastrophe and pandemic bond clauses, meaning investors who bought these bonds will lose their money as it now goes towards relief funding.
> d4mi3n
> What happens when the WHO classifies a pandemic? I imagine a number of processes and procedures come into effect--anybody know what they are?
> Hongwei
> My limited understanding understanding is that it automatically releases funding (from the WHO and other bodies) to help with the crisis. It should also trigger some catastrophe and pandemic bond clauses, meaning investors who bought these bonds will lose their money as it now goes towards relief funding.
Full thread: https://news.ycombinator.com/item?id=22547349