The CEPI has officially launched at 2017 World Economic Forum (WEF) to create new vaccines for emerging infectious diseases. What does “CEPI” stands for?

Coalition for Epidemic Preparedness Innovations
The Coalition for Epidemic Preparedness Innovations (CEPI) has officially launched at 2017 World Economic Forum (WEF) to create new vaccines for emerging infectious diseases. The CEPI has been formed with initial funding of $460 million from the governments of Germany, Japan and Norway, as well as the Bill & Melinda Gates Foundation and the Wellcome Trust. Initially, the CEPI group is targeting the 3 infectious diseases viz. Middle East respiratory syndrome (MERS)-coronavirus, Lassa fever, and Nipah virus. All three have the potential to cause large outbreaks and the goal is to have two potential vaccines for each of these viruses ready before an epidemic hits. The group may also provide support for research on strains of the Ebola, Marburg and Zika viruses.