September 25, 2015 – GBCHealth today announced a commitment to focus $5 million USD of organizational resources over the next five years on efforts to improve reproductive, maternal, newborn, child and adolescent health (RMNCAH), and continue the advancement of corporate engagement on these issues through its communications, advocacy and partnership platforms. Building on the foundational work of the organization and aligning with the transition to the Sustainable Development Goals (SDGs), GBCHealth will also promote new initiatives to enable the private sector to contribute its resources and expertise to filling gaps in health financing.
The first such initiative, the Health Credit Exchange (HCX), aims to mobilize an additional $15 million USD to promote high-performing and innovative health and wellness programs through performance-based financing. The HCX ensures private investments in health are aligned with national and global strategies and support evidenced-based, cost-effective programs. It is a unique platform for companies aspiring to be on the leading edge of program and financial innovation.
Earlier this year at the Third Financing for Development Conference in Addis Ababa, Ethiopia, GBCHealth announced a partnership with the Global Financing Facility (GFF) in Support of Every Woman Every Child. Working in alignment with the World Bank, GBCHealth will ensure these investments are focused toward impactful programs that benefit women, children and adolescents. Learn more about the HCX here.
These goals are set in the spirit of transformative progress for the health and wellbeing of all women and children through country leadership, cross-sector partnerships and to strengthen the resilience and effectiveness of health systems.
For more information regarding the commitment, contact Shuma Panse at email@example.com.
To learn more about GBCHealth’s work in RMNCAH click here.