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The Asian Development Bank and the Global Fund to Fight AIDS, Tuberculosis, and Malaria are teaming up to fight infectious diseases in Asia and the Pacific.
The two organizations on Tuesday announced a memorandum of understanding that will "develop various financing partnerships to boost on-budget domestic resources and crowd in additional financing for increased concessionality, additional technical assistance, and robust monitoring of health delivery," per a press release.
Specifically, the plan is to use the Global Fund's expertise and "inclusive country-led model" to improve access to primary health care services and control infectious diseases, such as malaria and TB, for the most vulnerable in Asia and the Pacific.
"We must further develop and deploy innovative financing mechanisms help tackle health inequities and accelerate the fight to end epidemics for good," says the Global Fund's executive director.
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