Learn more about our financing operations and how we can best serve your needs.Watch here
New credit facilities immediately available for non-profit and sovereign borrowersRead more
From The Global Fund and World Bank to Ministries of Health in Ethiopia and Senegal, leadership is showing strong support for PGH.Read More
An annual review of PGH’s operational developments, operational achievements, institutional growth, and financial health.Read the Review
Ariel Pablos-Mendez (USAID), Kathy Calvin (UNF), Anders Nordstrom (Sweden) & Ray Chambers (UN Special Envoy) discuss PGH in GHDLearn more
The ability to rapidly issue payment while awaiting donor disbursement avoids cash flow inefficiencies and overpricing, saving more lives faster.
Recipients leverage greater negotiating power by removing risk for suppliers of essential commodities, reducing price premiums.
With control of procurement timing, recipients can avoid stock outs, rush orders and emergency delivery, which are costly and come at the expense of lives saved.
PGH leverages private sector funding to deliver value for money by removing the risks in the procurement process that lead to price premiums and emergency production. In public health terms, this results in faster, more efficient purchasing of life-saving commodities, while also empowering governments with leverage to negotiate reduced per-item costs.
PGH is an initiative of Financing for Development (F4D).
Pledge Guarantee for Health is exactly the type of financial tool that should emerge from the thinking and discussing from [GBCHealth]. It’s a tool modeled on sound business practice that enhances how we go about saving lives. As those of us in development know, funding is essential to hitting our targets… But the timing of that funding – the cash flow – can sometimes be as important as the absolute amount of money available. Timing often means the difference between life and death.
60% of the Global Fund’s portfolio is commodities, so if we’re going to have progress with the Global Fund in-country, we need vehicles like PGH in order to ensure the highest quality, lowest cost product that get to people when they need them.
We all have to think creatively and collaboratively, through partnerships like PGH, to bring stakeholders together and focus on delivering more donor value for money.
While the financial mechanisms are complex, the goal of PGH is simple: to quickly and effectively reduce deaths from easily preventable diseases.
With need growing and public funding shrinking, we must scale up new initiatives like Pledge Guarantee for Health or we risk losing momentum in our global fight against debilitating and deadly diseases.
This is going to allow suppliers to depend on predictable purchases, government ministries to plan on faster delivery and better pricing, and donors are going to know that the value of their investment is maximized.
The health gains we make through PGH’s new approach can foster a new era in processing donor aid.
Innovative financial mechanisms like the Pledge Guarantee can make a real difference in delivering anti-malaria bed nets and other vital health supplies quickly and efficiently to communities which need them the most.
We are privileged to be involved in this project, the first under the auspices of the PGH, and to be able to contribute through providing a financial solution that could help solve a continental problem.
We feel there may be many applications of Pledge Guarantee that we can take advantage of, not only in reproductive health but also in malaria, TB, polio, etc. We are very excited about the potential that PGH may provide in the years to come.