Global health funds may be falling behind on financial innovation, risking inefficiency in addressing new health challenges, according to a blog from the Centre for Global Development.
Are Global Health Funds Falling Behind on Financial Innovation?—a blog published by the Centre for Global Development by Kalipso Chalkidou, Victoria Fan, and Clemence Landers—examines whether global health initiatives (GHIs) are keeping pace with evolving financial models.
The authors argue that while GHIs like Gavi and the Global Fund have historically relied on grant-based models to address urgent health crises, this approach may no longer be effective for addressing new health challenges and ensuring long-term sustainability. The blog suggests that GHIs need to explore more innovative financing mechanisms, such as those used by multilateral development banks, to better align with current global financial trends. Readers can access the detailed discussion in the blog for further insights.