New innovative finance mechanism for global health

On 4 March former US President Bill Clinton and UN Secretary General Ban Ki-Moon launched an initiative asking travelers to give $2 to fight deadly diseases whenever they buy a plane ticket, book a hotel room or rent a car. (Bloomberg; Varner)

The goal is to collect up to $1 billion during the next four years to combat AIDS, malaria, tuberculosis and other health threats in developing nations. The money goes to the Geneva-based Millennium Foundation, founded in 2008 to find innovative ways to finance UN health goals, and to a UN-funded international facility for purchasing drugs. Money also will go to the Clinton Health Access Initiative. The initiative is the brain child of former French Foreign Minister Philippe Douste-Blazy, who heads UNITAID. It builds on a similar program started in France in 2006, that instituted a 'microtax' on airplane tickets," VOA News writes (Besheer, 3/4).

Links to the full story

Bloomberg/Business Week: http://www.businessweek.com/news/2010-03-04/clinton-un-ask-travelers-for-health-donations-on-booking-sites.html

Kaiser Daily Global Health Policy report: http://globalhealth.kff.org/Daily-Reports/2010/March/05/GH-030510-MassiveGood.aspx

 

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