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Pledge Guarantee For Health

The Pledge Guarantee for Health (PGH) is a new financing tool created by the United Nations Foundation and supported by the Bill and Melinda Gates Foundation. Under the PGH, when a donor issues a grant, a bank steps in and offers the recipient a line of credit equal to the grant amount. This gives recipients short-term liquidity to negotiate prices with suppliers upfront. With cash in hand, aid recipients can negotiate better prices for health commodities. All stakeholders, including donors, banks, recipients and suppliers stand to benefit from this arrangement which aims to eliminate inefficiencies in the flow of donor funds.

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markleongoldber3215
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55 views1 page

Pledge Guarantee For Health

The Pledge Guarantee for Health (PGH) is a new financing tool created by the United Nations Foundation and supported by the Bill and Melinda Gates Foundation. Under the PGH, when a donor issues a grant, a bank steps in and offers the recipient a line of credit equal to the grant amount. This gives recipients short-term liquidity to negotiate prices with suppliers upfront. With cash in hand, aid recipients can negotiate better prices for health commodities. All stakeholders, including donors, banks, recipients and suppliers stand to benefit from this arrangement which aims to eliminate inefficiencies in the flow of donor funds.

Uploaded by

markleongoldber3215
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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