Jim Yong Kim, President of the World Bank Group, discusses maternal and child deaths; developing finance;and transformingbusiness in global health and development. He announced that the creation of the Global Financing Facility in support of Every Woman Every Child will enable countries to close the gaps in achieving the health millennium development goals,building on proven experience with results-based financingfor health. The Facility will helpcountries mobilize additional domestic and internationalresources, including from domestic budgets, other bilateraland multilateral donors, the private sector, and innovativefinancing mechanisms.