Friday, February 25, 2011

New Lending plan speeds Global health Aid distribution- Blog 6

Sha'Nese Jones
2/25/2011
6:05pm

New Lending plan speeds Global health Aid distribution

The UN has made progress in getting lifesaving health supplies to recipients. With support from the private sector they have developed the Pledge Guarantee for Health; which is a strategy in which banks and other private sectors contribute financial loans to governments that need a replenishing of supplies when their following shipments are months away. With this help they were currently able to distribute eight hundred thousand, malaria fighting, insecticide-treated bed nets to those in Zambia. The shipment was produced early because of the ability to have a third party guarantee brought to commercial banks, along with letters of credit to help reduce the time when the recipients receive the resources. Overall the UN is risk-sharing within the private sector, getting aid contracts, and creating a partnership among people who will help increase health and obtainment of resources.

These partnerships that will help deliver aids to countries in a reasonable amount of time seem to be one of the better ideas that have been developed. The ability to shorten the time and to give countries the ability to help prevent recurring abilities is like one step into a better future. All of the social aspects that go along with it is having the ability to have those developing partnerships and to make sure that everyone agrees to the global help. This also shows that with the right leverage and enterprises things are able to get done more rapidly than if a country wanted to go at it alone. The continuance of legit and well developed partnerships will help make for the development of better health of countries worldwide.

http://www.fastcompany.com/1731590/lending-scheme-quickens-global-health-aid-distribution

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