The United States Agency for International Development (USAID) and the Swedish International Agency for Development Cooperation (SIDA) recently committed a $50 million guarantee to Pledge Guarantee for Health (PGH) and, with the help of risk sharing by commercial banks, the new guarantee will enable PGH to secure a 5-year, $100 million credit line to scale up its operations of facilitating bridge financing for developing country governments and civil society partners and help speed up delivery of essential health commodities.
Our lessons on accountability and transparency can help to move us forward not only to accelerate progress on maternal, newborn, and child health, but also on the Millennium Development Goals. They will help us build a stronger, more effective partnership beyond 2015.
Since their launch in 2000, the global community has made important progress on the Millennium Development Goals (MDGs) and improved the lives of many. Millions of girls and boys have had the opportunity to attend school, the burden of illness and diseases such as malaria and HIV/ AIDS has been eased through important global interventions, and fewer people now live in extreme poverty. While global progress has been uneven, and much remains to be done, we should not forget the achievements that we have made together.