HIGH LEVEL TASKFORCE ON INTERNATIONAL INNOVATIVE FINANCING FOR HEALTH SYSTEMS
Financing for health systems is needed now
The Facts – why funds are needed now:
- Halfway to 2015, numerous countries are lagging behind in reaching the health MDGs.
- Worldwide a child dies every three seconds, a mother dies in pregnancy or childbirth every minute and 7,000 people are infected with HIV every day.
- More than half a million women die from preventable complications in pregnancy and childbirth every year. Over 300 million suffer from preventable illness and disability.
- All these deaths occur from easily preventable causes. Not only do we know that these deaths can be averted, we even know how to do it.
- Halfway to 2015, numerous countries are lagging behind in reaching the Millennium Development Goals (MDGs).
- Current donor funding is not sufficiently predictable or sufficiently large to support reaching the health MDGs.
- Many developing countries have developed and costed national health plans with scenarios for scaling up efforts to reach the health MDGs. Now the international community should follow up with the sufficient resources for these plans to be implemented.
- Spending money on global health is not just a cost, it is an investment. Studies have shown that investing in women and children’s health is an investment in development of a nation’s human capital and economy.
- The growth in economy has been global. So has the financial crisis. Health is also a global challenge. Investing in our neighbors’ health is therefore an investment in our own health, a nation’s security and its future. Developing countries will be hit hard by the financial crisis through slower economic growth and reduction in demand for their exports.
- To make matters worse, under domestic pressure wealthy nations may be tempted to cut back on international aid. A reduction in health investments can have long term consequences for the untreated, and force new groups and nations into poverty. These are huge costs for the individual as well as for the nation and its neighbors.