World Bank Financing Agreement

Innovative financing mechanisms complement the global fund and the World Bank and strengthen funding for national health care. The Global Fund and the World Bank are constantly looking for ways to increase domestic funding and the sustainability of the program. In recent years, the Global Fund and the World Bank have signed several innovative financing agreements, such as the Purchase. B appropriations for a TB programme in India, a defined benefit funding project in the Democratic Republic of Congo and a multi-donor fund for Indonesia and Sri Lanka. The framework agreement aims to reduce transaction costs and lays the groundwork for an in-depth partnership to increase its impact. You clicked on a link to a page that is not part of the beta version of the new Before you leave, we`d like to hear from you about your experience while you were here. Will you take two minutes to complete a brief survey that will help us improve our website? The framework agreement presents a new approach to joint financing of investment operations between the two organizations, as well as results-based funding. „The partnership is in the Global Fund`s DNA and our collaboration with partners such as the World Bank will accelerate the fight to end epidemics,“ said Peter Sands, Executive Director of the Global Fund. „Innovative financing mechanisms can play an important role in improving the efficiency of our investments and in finding new financial means to increase the impact.“ „Improving access to health services reduces families` financial hardship, improves their health outcomes and strengthens corporate human capital,“ said Annette Dixon, World Bank Vice President for Human Development. „Partnerships and new models of health financing are essential to better serve our client countries and ensure affordable, quality health care for all.“ The first transaction, which should be governed by the framework agreement, is the Global Fund/World Bank investment in Laos to work towards universal health care, with domestic payments linked to specific outcomes. The World Bank Group is one of the world`s most important sources of financing and knowledge for developing countries. It consists of five closely linked institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), which together form the World Bank; International Finance Corporation (IFC); Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID).