00:06 One Health,
00:07 of course,
00:07 is the approach under which environmental health,
00:11 animal health,
00:12 and human health work together to improve the preparedness,
00:16 response,
00:17 and work towards prevention of pandemics.
00:20 The role of the World Bank is
00:21 to basically foster the collaboration between those various sectors.
00:25 I would say that the World Bank
00:27 is one of the few organizations in the world that has the human health.
00:30 Animal health and environmental health expertise in-house.
00:34 Not too many institutions in the world actually that have
00:37 all three disciplines in-house.
00:39 Also,
00:40 the bank has a very important role to play to
00:42 make sure that there is sufficient financing for One Health.
00:45 It's not easy actually to make sure that financing,
00:48 particularly for preventive measures,
00:50 is available.
00:51 There's always this cycle of panic and neglect that we've seen in the past,
00:54 so I think.
00:55 The Bank has an important role to play to work with our clients
00:57 and with our shareholders to make sure that those resources are available.
01:01 And of course the pandemic fund that was
01:03 recently established will be a very good instrument
01:06 to provide long term financing to this agenda.
01:08 The estimates that we have show that the returns
01:12 to investment in one health focus
01:14 on prevention rates of returns of more than 80% or so.
01:18 So it's highly.
01:19 Effective
01:21 and efficient actually to invest in pandemic
01:24 prevention and preparedness.
01:27 Well,
01:27 there's a lot of attention to One Health now after COVID-19.
01:31 Of course,
01:31 One Health has been around for quite some time.
01:34 And even before One Health was recognized as an approach,
01:38 I think the bank was already
01:40 active in it.
01:40 The example is the
01:42 river blindness control program that the bank did
01:45 in the 70s with the World Health Organization
01:47 to eradicate river blindness.
01:49 That's a one health approach.
01:50 It wasn't called One Health
01:51 at the time.
01:52 After avian influenza 2006,
01:55 2007,
01:55 we saw the bank stepping up and supporting one health type projects.
01:59 Right now we have about 45 projects that are focusing on one health,
02:03 where they committed an amount of about $1.5 billion.
02:07 We're not starting from scratch here.
02:09 I think we're moving in the right direction.
02:11 There's also a commitment for the bank to mainstream one
02:15 health in 20 countries over the next three years,
02:17 so we have quite a number of elements,
02:20 and it will help to mainstream and scale up investments in one health.
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