Financing Mental Health: the current situation and ways forward

United for Global Mental Health

07 Mar 2024

Financing Mental Health: the current situation and ways forward

Delve into “Financing Mental Health: the current situation and ways forward” that examines the critical need for immediate and sustained investment in mental health worldwide. 

Key findings from the report include:

  • The global annual mental health finance gap is at least $200 billion. The majority of countries in the world are far from meeting even modest mental health funding targets. 
  • Aid for mental health dropped by a third from 2018 to 2021, from $300m to $200m, with private philanthropists making up over half of the total spending. 
  • Government international aid agencies need to invest more in mental health. If they increased their investment to 1% of their overall development assistance for health, there would be almost an extra half  billion dollars available per year.
  • There is no universally agreed upon definition for development assistance for mental health. A definition needs to be developed and agreed upon, and this definition should be used to systematically report on and analyse Development Assistance for Mental Health flows.