Davos, 24 January 2019
Alan Donnelly, the Convener of the Partnership, participated at the panel discussion on the Opportunities in Non-Communicable Diseases held in Davos on 24 January 2019. Participants at the panel discussed the need for innovative financing mechanisms for tackling NDCs. Participants at the panel discussed that non-communicable diseases in industrialised countries are estimated to cost the equivalent of a 10% tax on of gross domestic product (GDP), and spending on them is estimated to account for almost 60% of current health spending, approximately US$ 2,400 per person every year. Participants also discussed the OECD Report stating the of obesity alone which can reach almost 10%. Of particular concern is that mental health accounts for up to 14% of health spending – and the share is growing.