Thread by @WHO

LIVE at #WHS2021 with @DrTedros: WHO Council on the Economics of #HealthForAll twitter.com/i/broadcasts/1…

@DrTedros "Why have we created the Economics of #HealthForAll Council?
The answer goes back to the WHO Constitution, written 70+ years ago, which affirms that the “enjoyment of the highest attainable standard of health is one of the fundamental rights of every human being”"-@DrTedros

@DrTedros "It is clear that achieving #HealthForAll demands that we reach beyond WHO’s traditional counterparts in the health sector, including to those responsible for making national economic policies"-@DrTedros #WHS2021

@DrTedros "Our aims are not modest: we want to fundamentally change the way that international financial institutions, national leaders and their finance ministries think about and value health"-@DrTedros #WHS2021

@DrTedros "We want to foster and promote innovations and actions that transform local and global health systems, and to accelerate progress towards the health-related targets in the @GlobalGoalsUN, including universal health coverage"-@DrTedros #WHS2021

@DrTedros @GlobalGoalsUN "We tasked the council with coming up with new ideas that are not only bold and innovative, but also practical, to guide and support countries as they invest in health, in order to achieve the greatest benefit for their populations"-@DrTedros #WHS2021

@DrTedros @GlobalGoalsUN "And we asked it to consider a wide range of policies addressing innovation, industry, employment and environmental policies, and to reflect on growth that is inclusive of health and wellbeing, for countries in all income levels"-@DrTedros #WHS2021

@DrTedros @GlobalGoalsUN "I much appreciate the Council’s work so far. This includes developing a new vision & narrative on the value of health; its work on health innovation; & the new policy brief released today, on financing #HealthForAll"-@DrTedros #WHS2021
bit.ly/30VL2nL

@DrTedros @GlobalGoalsUN "We welcome the Council’s formulation that we need a radical redirection in economic thinking for 🌍 health. It's time to move away from thinking of health as a component of the economy, and instead look at how the economy can support the societal goal of #HealthForAll"-@DrTedros

@DrTedros @GlobalGoalsUN "This new finance brief shows that neither existing market mechanisms, with their focus on short-term returns, nor development funds alone are sufficient to achieve #HealthForAll"-@DrTedros #WHS2021

@DrTedros @GlobalGoalsUN "They do not provide the global public goods on which we all depend, such as vaccines; nor do they address the major inequities undermining equitable access"-@DrTedros #WHS2021

@DrTedros @GlobalGoalsUN "The Council is proposing bold, concrete actions for governments and multilateral organizations, in three major areas: creating fiscal space, the direction of investment, and the governance of public and private finance"-@DrTedros #WHS2021

@DrTedros @GlobalGoalsUN "My thanks to Professor @MazzucatoM and all Council members for their ongoing work. The independent analysis & evidence they produce can inform the decision-making of both heads of state & ministers of finance, as they strive to make the best policy choices for health"-@DrTedros