Study identifies three organizations successfully using innovative financing for global health

Oct 29 2012

Researchers from Imperial College London, the Harvard Global Equity Initiative, and Harvard School of Public Health "have identified three global organizations that new funding initiatives should emulate in order to meet health priorities in poorer countries, in research published [Thursday] in the journal the Lancet," Imperial College London reports in an article on its webpage. The study, "a comprehensive review of new funding methods that raised money for health in developing countries between 1990 and 2010 ... found that the GAVI Alliance, ... the Global Fund [to Fight AIDS, Tuberculosis and Malaria], and UNITAID, ... were the sole organizations whose innovative financing methods had raised and distributed funds on a global scale," the article notes, adding, "The authors concluded that innovative financing is essential to reduce dependence on contributions from donor governments. These innovative instruments provide a different way of raising money from new sources and making it available to address global health problems" (10/25).