Telegraph Examines Innovative Financing For Global Health As Development Assistance For Health Shrinks Worldwide
The Telegraph: World leaders urged to think creatively to boost dwindling global health funds
“…With foreign aid from governments and donors falling … increasingly creative and efficient ways of funding global health have emerged in recent years. Between 2002 and 2015, 10 so-called ‘innovative financing instruments’ (IFIs) mobilized US$8.9 billion, according to [an] analysis published in The Lancet. These initiatives have raised vital funding to tackle major killers such as HIV/AIDS, tuberculosis, and malaria but the money raised still only amounted to 2.3 percent of global aid spent on health in that period. So is there potential to scale these schemes up? Is this the start of a new way of thinking about how to improve health worldwide?…” (Arie, 6/21).