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USD $1.15 Billion Commitment over Three Years to Help Save the Lives of Children and Women Secured through World Bank, UNICEF, USAID and Norway
Date:9/23/2013

New York, NY (PRWEB) September 23, 2013

Today, the World Bank Group, UNICEF, the U.S. Agency for International Development (USAID) and the Government of Norway announced a collective total of USD $1.15 billion in funding over the next three years to accelerate progress toward the Millennium Development Goals (MDGs) 4 and 5, and to ensure essential services and medicines reach women and children who need them in developing countries with the highest burdens of maternal and child deaths.

With only 829 days until the MDG deadline of December 31, 2015, the $1.15 billion announced today will provide commodities and services that position countries to be able to help save 3 million lives, according to estimates by the Office of the UN Special Envoy for Financing the Health MDGs.

These commitments represent one of the largest infusions of funds for maternal and child health from global donors since the MDGs were established in 2000, and signal the global community’s determination to support countries in achieving the goals.

“This week’s unprecedented $1.15 billion funding fills a substantial portion of the financing gap for child and maternal health," said Ray Chambers, UN Special Envoy for Financing the Health MDGs and for Malaria. “While we look forward to additional resources being mobilized, the focus now must fully be at country-level, where the coordinated timing and use of funds with country leadership will ensure that their collective impact is felt by the children and women most in need.”

These funds will help ensure that quality medicines and supplies are readily available in countries and will support innovative delivery of services through results-based financing. These investments will help save newborns from severe infections, protect young children from the risks of diarrhea, pneumonia and mala
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