WHO Launches Historic $7 Billion Investment Round at 77th World Health Assembly

May 27, 2024, 07:32 AM

The World Health Organization (WHO) has launched its first Investment Round, marking a historic moment for the organization. The initiative aims to mobilize $7 billion over four years to support countries in addressing challenges such as climate change, displacement, poverty, and inequality. WHO Director-General Dr. Tedros Adhanom Ghebreyesus provided context by noting that last year, the world spent $717 billion on health. This announcement was made during the 77th session of the World Health Assembly, which commenced with high-level opening remarks from Dr. Tedros. The Assembly also saw participation from the EU President, who emphasized the need for robust and well-functioning health systems to improve global health and well-being.