The capital needed exists; it is the commitment to our collective wellbeing that is lacking. So, what can we do?
Investments in the health workforce return on a measurable scale, spurring economic growth and resilient job creation. Private philanthropy doesn’t need to perpetuate the legacy approaches to charity and dead aid. New funding structures like social impact bonds or even simple social bonds, spurred by private capital, can help to mobilize large-scale funding and create multi-year programs that invest in human resources for health. The schemes can help structure accountability, generate meaningful metrics, and catalyze public-private engagement.
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