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Global Health, Development and Business Leaders Announce New Innovative Financing Partnership to Deliver Essential Health Supplies More Quickly and Efficiently
Date:5/17/2013

Robson, probson(at)unfoundation(dot)org, +1-952-836-5202
UN Foundation: Becky Davis, rdavis(at)unfoundation(dot)org, +1-202-862-6305
US Agency for International Development: usaidpressofficers(at)usaid(dot)gov, +1-202-712-4320
Swedish SIDA: Roger Garman, roger.garman(at)sida(dot)se, +46-70-254-8752
The Global Fund to Fight AIDS, TB and Malaria: Seth Faison, seth.faison(at)theglobalfund(dot)org, +41-79-788-1163
Merck & Co., Inc.: Lainie Keller, lainie.keller(at)merck(dot)com, +1-908-423-4187
Vestergaard Frandsen: Meryl Rader, mer(at)vestergaard-frandsen(dot)com, +1-908-528-3826

About Pledge Guarantee for Health
Pledge Guarantee for Health is an innovative financing partnership designed to increase the availability and predictability of funding from international donors for health commodities. Through a 5-year partial guarantee from the governments of the United States and Sweden, PGH is able to leverage $100 million in credit from commercial banking partners which, in turn, extend short term credit to traditional donor aid recipients. Recipients are empowered to use donor committed funding in advance of disbursement, resulting in increased buying power, greater value, accelerated procurement and delivery, and, ultimately, more lives saved. For more information, please visit http://www.pledgeguarantee.org.

About US Agency for International Development
The American people, through the U.S. Agency for International Development, have provided economic and humanitarian assistance worldwide for over 50 years.

USAID’s Development Credit Authority works with investors, local financial institutions, and development organizations to design strategic risk-sharing agreements, known as credit guarantees, that unlock financing from banks for entrepreneurs in the developing world. Thro
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