The Global Fund’s contribution has leveraged additional new funding in collaboration with partners such as the Inter-American Development Bank, Carlos Slim Foundation, Gates Foundation and domestic financing. In Central America, we support the Regional Malaria Elimination Initiative (RMEI), which uses a mix of grants and concessional loans for collaborative programs to eliminate malaria in participating countries. Health programs can be conditional on, or implemented in coordination with, investments from funding partners. Learn more Blended Financeīlended finance combines Global Fund grants with other sources of financing, including investments from development finance institutions. In return, Australia, Germany and Spain have canceled debt in those implementing countries. Since the inception of Debt2Health in 2007, ten implementing countries – Cameroon, Côte d'Ivoire, Democratic Republic of Congo, El Salvador, Egypt, Ethiopia, Jordan, Indonesia, Pakistan and Sri Lanka – have invested more than US$226 million in domestic health programs through the Global Fund. In return, a creditor country cancels debt owed by the implementing country. Under individually negotiated “debt swap” agreements, an implementing country agrees to invest in programs to fight the three diseases or strengthen health systems through the Global Fund. The Global Fund’s Debt2Health program converts debt repayments into lifesaving investments in health. Pooled fund investing is used to leverage financial resources as well as expertise to support Global Fund-backed health programs. These pooled funding mechanisms aim to mobilize and distribute funds in a more coordinated and efficient way. Innovative philanthropic investment funds enable different types of investors, foundations, philanthropic leaders and others to pool their financial contributions to the fight. Some or all of the proceeds support Global Fund-supported programs. We work with organizations that raise funds when individuals purchase products or services, or create grassroots fundraising mechanisms. The Global Fund fosters partnerships that empower millions of individuals to contribute to the cause of global health. Enhancing the efficiency and impact of our health programs.Increasing funding for health programs beyond traditional funding mechanisms, both at a Global Fund level and directly at the implementing country level.Our partnership focuses on key innovative financing platforms, outlined on this page, that complement the Global Fund’s funding model and government spending and that increase impact by: Supporting countries in transition and ensuring sustainability.Our experience shows that innovative finance can have significant impact by: We are uniquely positioned to enable innovative finance to have a catalytic effect. These solutions complement government spending and amplify domestic health financing. The Global Fund connects countries with diverse partners – private sector investors, philanthropists, civil society organizations, and multilateral donors – to develop and implement practical, innovative finance mechanisms to increase the impact against the three diseases. Building upon these trends, the Global Fund partnership is innovating – pursuing new opportunities to further finance and accelerate the fight to end the epidemics. Domestic funding has been accelerating, and there is both a need by and an interest from the private sector to engage – a situation made all the more acute in the evolving COVID-19 context. Much of that has come through domestic resource mobilization and traditional development assistance, but the health financing landscape is shifting. Significant investments in health over the past two decades have yielded striking progress in the fight against AIDS, tuberculosis and malaria.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |