The case for health as a high-return investment

Mark Suzman, president of global policy, advocacy and country programs at the Gates Foundation. Photo by: World Economic Forum / CC BY-NC-SA

One of the biggest initiatives to come out of last month’s third International Conference on Financing for Development in Addis Ababa, Ethiopia, was the Global Financing Facility Trust Fund. Launched in support of the United Nations’ Every Woman Every Child initiative, it was able to align $12 billion in  public and private resources towards financing country-led five-year investment plans for women’s, children’s and adolescents’ health.

The Bill & Melinda Gates Foundation has pledged $75 million over five years to the GFF — along with pledges from several governments, donors and private sector companies — in order to kick-start GFF implementation in four front-runner countries: the Democratic Republic of the Congo, Ethiopia, Kenya and Tanzania.

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About the author

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    Sibylle Koenig

    Sibylle Koenig is a development consultant and policy adviser with 10 years of experience in managing, monitoring and evaluating international aid programs and grant schemes, as well as advocacy. She has worked for a variety of organizations, including the European Commission, U.N. and bilateral aid agencies and NGOs in Latin America (4 years) and Europe, with extensive work travel to Africa (Tanzania, Uganda, Mozambique, Kenya, Botswana) and Asia (Cambodia, Vietnam, Thailand, India, South Korea).