Investing less than $0.72 a year for each person would make the world far more resilient to potentially devastating pandemics, according to a global health expert group convened in the wake of the Ebola crisis.

A report by the Commission on Creating a Global Health Risk Framework for the Future, published on Wednesday, said infectious diseases are as potentially dangerous to human life, health and society as match wars and natural disasters.

Pandemics cost the world more than $58 billion each year, the report estimated, yet preparations are chronically underfunded compared with other threats.