Leading global health and development bodies are launching a $10bn research fund to fight brain disease and mental illness — a huge and growing problem that has been exacerbated by the coronavirus pandemic.
The Healthy Brains Global Initiative (HBGI) aims to do for mental health what the Global Fund to Fight Aids, Tuberculosis and Malaria has achieved in reducing the burden of infectious diseases.
Due to launch early next year, HBGI’s interim chief executive Brad Herbert — who helped to create the Global Fund — is tapping philanthropic foundations, companies, wealthy individuals and governments to raise the required funds. Funding sources are expected to include the International Finance Facility that Gavi, the international vaccines alliance, uses to finance its immunisation work.
“I commend HBGI for thinking creatively not only about new science but new funding strategies from bonds to direct investments in this transformational global fund,” said Mr Tedros Adhanom