WHO Council on the Economics of Health For All

Delivering on the G20 Leaders commitment to build an equitable and effective Financial Intermediary Fund (FIF) for Pandemic Preparedness and Response (PPR)

Recommendations to G20 leaders, finance and health ministers from the G20 Health and Development Partnership and the WHO Council on the Economics of Health for All.

This post also appears on the WHO site here.

19 April 2022

Statement
Reading time: 4 min (1126 words)

“The Council on the Economics of Health For All was established on 13 November 2020 by the WHO Director-General to rethink how value in health and wellbeing is measured, produced, and distributed across the economy. The Council aims to reframe health for all as a public policy objective, and ensure that national and global economies and finance are structured in such a way to deliver on this ambitious goal. The Council will aim to create a body of work that sees investment in local and global health systems as an investment in the future, not as a short-term cost.” (World Health Organization-November 13, 2020)

“We establish a G20 Joint Finance-Health Task Force aimed at enhancing dialogue and global cooperation on issues relating to pandemic PPR, promoting the exchange of experiences and best practices, developing coordination arrangements between Finance and Health Ministries, promoting collective action, assessing and addressing health emergencies with cross-border impact, and encouraging effective stewardship of resources for pandemic preparedness and response (PPR), while adopting a One Health approach. Within this context, this Task Force will work, and report back by early 2022, on modalities to establish a financial facility, to be designed inclusively with the central coordination role of the WHO, G20-driven and engaging from the outset Low- and Middle-Income Countries, additional non-G20 partners and Multilateral Development Banks, to ensure adequate and sustained financing for pandemic prevention, preparedness and response.“ (G20 Leaders communique – Rome 31st October 2021)

Sustainability, Innovation and Multi-Annual Financing

As G20 Heads of Government and Finance Ministers have said recently, health financing is a long-term investment, not an expenditure.

To address the complex and sustained challenges of pandemic preparedness and response (PPR), donors should commit to a multiannual program of funding, at least for an initial five-year period.

Multi-year funding will enable the Financial Intermediary Fund (FIF) to focus on building core areas of programming, without constantly worrying about replenishment, particularly as it gets off the ground.

Donor countries, with no multi-year budgetary mechanisms, should commit long-term contribution schemes through other existing legal frameworks.

The FIF must promote innovative and blended financing mechanisms that leverage the FIF’s investments. In tackling climate change, governments, Multilateral Development Banks, philanthropy and the private sector are developing highly effective new partnerships working to achieve Net Zero.

The G20 Health and Finance Taskforce should create an expert group to identify best practice from green financing models that could be deployed by the FIF for investments in PPR. Read more

G20HDP marks World AIDS Day

To mark World Aids Day, the G20 Health and Development Partnership teamed up ITN Productions, the British HIV Association, the Elton John AIDS Foundation and the Terrence Higgins Trust to talk about the critical importance of tackling HIV/AIDS.

Listen to Convenor Alan Donnelly, Global Ambassador Dame Angela Eagle MP and Dr. Philippe Duneton and Dr. Nabeel Goheer from Unitaid and PATH about how the partnership and its members are working to end AIDS by 2030 and to help achieve UN SDG3.

Watch the video below

Register for our Beyond COVID-19 event

A multi-sector approach to accelerating the digital health transformation

Online: 1 February 2022, 2-5pm CET

The French EU Council Presidency has placed digital health at the heart of their Presidency priorities for the first half of 2022. Objectives include the promotion of the EU health data space which will facilitate the interoperability of data between health systems, improving the continuity of care and demanding compliance with ethical standards and personal data.

The COVID-19 pandemic has had a devastating impact on humanity, but has helped to accelerate the digital health transformation that is much needed to achieve United Nations Sustainable Development Goals by 2030 in accordance with the European Digital Decade Agenda 2030. The digital health community is one of the most innovative in the health industry, which can drive socio-economic growth within the European Union and produce better health outcomes for patients and health systems.

Ahead of the EU Health Ministerial Summit on 2nd February, The G20 Health and Development Partnership in collaboration with one of its partners Dedalus and endorsed by The French EU Council Presidency is jointly organising a virtual event “Beyond COVID-19: a multi-sector approach to accelerating the digital health transformation” on 1st February.

The virtual summit is the first in the series that will bring together European Health Ministers, policymakers, Members of the European Parliament, Global Health NGOs, European businesses in the digital health and health systems space. Following this virtual summit, a second high-level event will take place in person in Paris on 31st May.

This event is in support of Europe’s Digital Decade 2030 goals and the French Presidency of the European Council’s priorities on digital transformation. It is an official event in collaboration with the French Presidency of the European Council.

Dr Hayat Sindi

G20HDP congratulates our Global Ambassador Dr Hayat Sindi to have been nominated by the “Arab Power List 2021” as one of the most influential individuals shaping the Middle East.

The Arab Power List 2021

G20HDP Welcomes Today’s Joint G20 Finance-Health Ministers Declaration

A letter by our Chairman Alan Donnelly, Convenor of The G20 Health and Development Partnership, to G20 Health and Finance Ministers and G20 Leader’s following the outcomes of the 3rd joint Ministerial Meeting in Rome on 29th October today and ahead of the G20 Leader’s summit this weekend.

 

Your Excellencies,

On behalf of the G20 Health and Development Partnership I want to express our thanks for the leadership of Italy this year, and in ensuring a concrete outcome from the Joint Finance and Health Ministers meeting today.

The most important strategic decision is the creation of the new G20 Joint Finance-Health Task Force. The G20 HDP proposed this initiative three years ago, as we believed, even prior to the COVID-19 pandemic that there was a direct link between the performance of the economy and the investment in healthcare systems including pandemic preparedness.

The Task Force must not become another talking shop. It must have the same impact on Health that the Financial Stability Board has had on financial resilience.

We welcome the deepening commitment to the WHO, which of course requires sustainable funding at a higher level.

The new architecture must establish, beyond the funding of the ACT-A next year, a new funding mechanism funded and replenished by Governments which can invest and intervene when the Task Force is alerted to a new global health challenge.

The Task Force must also promote a robust multilateral surveillance procedure that both monitors the emerging risks and the scale of the annual national and regional health investments.

Read more