PwC report highlights the benefits of investing in vision
Avoidable blindness is a growing problem - without urgent action the number of people who are blind or visually impaired is set to triple by 2050. A new report by PwC released today has highlighted the value of investing in eye health in the Commonwealth. PwC’s economic analysis has shown that for every £1 invested in tackling avoidable blindness across the Commonwealth £5 is returned.
There are 14 million people in the Commonwealth who were blind and an additional 70 million people with vision impairment. 80% of blindness can either be prevented or treated. Good vision releases the potential of individuals to learn, to work and to lead fulfilled and productive lives. Blindness and vision impairment disproportionately affect women and people in low income countries. With low cost treatments readily available, governments have the opportunity to reduce the number of people who are unnecessarily blind.
The report concludes that, “Targeted investments in vision will enable people to increase productivity… contributing to better economic outcomes at the individual, household, community, national and global level.”
The report was commissioned by the Trust, which works with partners across the Commonwealth to eliminate avoidable blindness. The PwC report highlighted that targeted investment by The Trust in areas of most need has generated an even higher return on investment. For every £1 the Trust has invested in improving eye health across the Commonwealth, £12 has been returned. By investing in prevention and education, as well as treatment, The Trust has been able to magnify its impact.
As governments of 53 Commonwealth Nations meet in London this week, the report highlights that now more than ever, the time is right to invest in vision and bring vision to everyone, everywhere.
Click here to read the full report.