G20 Task Force Mulls Health Investment Debt Swap

Video conference meeting advanced discussions on mobilizing financial resources for the health sector in indebted countries, and addressed the fight against socially determined diseases.

Canoas Field Hospital of the SUS National Force, in the state of Rio Grande do Sul. Image: Gabriel Galli/Ministry of Health

The G20 Joint Finance and Health Task Force held its second meeting to advance discussions on mobilizing financial resources for the health sector in indebted countries, and addressing socially determined diseases. Representatives from the bloc's ministries of Finance, Health and Foreign Affairs took part in the meeting, which highlighted the importance of equity in health, pandemic preparedness and combating inequalities, reinforcing the G20's commitment to full and equitable access to health services.

One of the principles of Brasil's Unified Health System (Sistema Único de SaúdelSUS) equity, is also one of the TF's priorities and a cross-cutting principle in discussions. "From digital health to guaranteeing access to health products for neglected diseases, from climate change and its impacts on health to the workforce and the 'Only One Health' model, we have to fight inequalities and protect the most vulnerable populations," said Rafaela Batista Brunale, head of the Multilateral Themes Division of the Ministry of Health's International Advisory Office.

"It is encouraging to see the progress we've made so far. Our collective efforts have borne fruit with the several successful results which provide us with valuable perspectives. While we celebrate these milestones, we must not forget that our journey is not over," said Ambassador Tatiana Rosito.

The meeting was attended by representatives of the ministries of Finance, Health and Foreign Affairs. The discussions were opened by Ambassador Tatiana Rosito, coordinator of the G20 Finance Track and Secretary for International Affairs at the Ministry of Finance.

"It is encouraging to see the progress we've made so far. Our collective efforts have borne fruit with the several successful results which provide us with valuable perspectives. While we celebrate these milestones, we must not forget that our journey is not over," said Ambassador Tatiana Rosito.

G20 in Salvador

The impact of social determinants on access to health and full and equitable access to health services for the poorest populations was also the subject of debate at the third meeting of the G20 Health Working Group in Salvador. The meeting took place at the beginning of June.

An economic cooperation forum that brings together the world's leading economic powers, the Group of 20 (G20) will be chaired by Brasil until November 2024. The priority issues established by the Brazilian government are as follows: combating hunger, poverty and inequality; the three dimensions of sustainable development (economic, social and environmental); and the reform of global governance.

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