The European Investment Bank (EIB), African Development Bank (AfDB), Islamic Development Bank (IsDB) along with other partners join WHO to launch a new Health Impact Investment Fund to strengthen essential, climate and crisis-resilient primary health care services in low- and low-and-middle income countries.
The Platform was launched on 23 June 2023 during the Summit for a New Global Financing Pact being held in Paris. It will make an initial €1.5 billion available to LICs and LMICs in concessional loans and grants to expand the reach and scope of their primary health care (PHC) services, especially for the most vulnerable and underserved populations and communities.
WHO will act as the Platform’s policy coordinator, responsible for ensuring alignment of financing decisions with national health priorities and strategies. The Platform’s secretariat will support governments to develop national health and prioritize PHC investment plans. The Platform will also aim to catalyse wider PHC investments in support of government health strategies.
The new Platform builds on experience gained through cooperation between countries, multilateral organizations and development banks proved fruitful during the pandemic.