Today: May 18, 2024
Today: May 18, 2024

World Bank sets goal of expanding healthcare to 1.5 billion people by 2030

Share This
LA Post: World Bank sets goal of expanding healthcare to 1.5 billion people by 2030
April 18, 2024
David Lawder - Reuters

By David Lawder

WASHINGTON (Reuters) - The World Bank Group on Thursday unveiled a new goal to help countries deliver affordable healthcare to 1.5 billion people by 2030 by expanding services to remote areas, cutting fees and other financial barriers and focusing on lifetime care.

The development lender said it would deploy financing, its own health expertise and new partnerships with private-sector firms, non-governmental organizations and civil society groups in reaching the target, which it defines as a person receiving treatment by a health care worker through an in-person visit or a telehealth appointment.

The World Bank estimates about 2 billion people around the world face severe financial hardship when paying for health services. This is being exacerbated by climate change, pandemics, conflicts, societal aging, and a projected shortfall of 10 million healthcare workers by 2030, it said.

"Providing a basic standard of care for people throughout their lives is critical for development," World Bank President Ajay Banga said in a statement. "This ambition won't be realized with a solo effort. It will require partners, a coalition of public and private sector, working together to expand access to healthcare services."

The World Bank said financing from its International Development Association fund for the poorest countries will aim to bring healthcare workers into communities where people may otherwise have no access to services.

In middle-income countries, the World Bank said its International Bank for Reconstruction and Development will deploy financing to incentivize government investments in health and regulations that provide market certainty and can attract private-sector investment, including in pharmaceuticals and medical equipment.

The World Bank added that Japan is launching a knowledge hub on its universal healthcare system aimed at enhancing other healthcare ministries' capacity and expertise, an initiative supported by the World Bank and the World Health Organization.

(Reporting by David Lawder; Editing by Paul Simao)

Popular

Clark helps Liberty become 1st WNBA team to have $2M+ in 1-game ticket revenue, AP source says

Indiana Fever rookie Caitlin Clark helped bring in record ticket revenue for the New York Liberty in her first game in the Big Apple

Clark helps Liberty become 1st WNBA team to have $2M+ in 1-game ticket revenue, AP source says

Houston area grapples with heat, power cuts after major storms

Thousands of people in the Houston area faced sweltering heat without power on Saturday following severe storms that claimed at least seven lives, according to local media and the National

Houston area grapples with heat, power cuts after major storms

Sean 'Diddy' Combs abuse allegations: A timeline of key events

New video aired by CNN appears to show Sean “Diddy” Combs beating his former singing protege and girlfriend Cassie in a Los Angeles hotel in 2016

Sean 'Diddy' Combs abuse allegations: A timeline of key events

Scheffler looks to the weekend after a long, strange day at the PGA Championship

The only quibble about Scottie Scheffler’s recent domination on the golf scene was that perhaps he was too normal and maybe not quite exciting enough to capture the attention of millions on a week-in, week-out basis

Scheffler looks to the weekend after a long, strange day at the PGA Championship

Related

Water, water everywhere ... most is now safe to drink in an English village after parasite outbreak

Water, water everywhere ... most is now safe to drink in an English village after parasite outbreak

India's Modi, chasing reform legacy, shifts income goals for struggling farmers

India's Modi, chasing reform legacy, shifts income goals for struggling farmers

Flash floods due to unusually heavy seasonal rains kill at least 68 people in Afghanistan

Flash floods due to unusually heavy seasonal rains kill at least 68 people in Afghanistan

Hot weather poses new risk as thousands remain without power after deadly Houston storm

Hot weather poses new risk as thousands remain without power after deadly Houston storm
- Advertisement -
Advertisement: Limited Time Offer