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MDBs, WHO launch Health Investment Platform

Published on June 27, 2023
Current Context: Health Impact Investment Platform,this is a new initiative launched by three multilateral development banks (the African Development Bank, the European Investment Bank, and the Islamic Development Bank) and the WHO to invest in and strengthen primary health care services in low- and low-and-middle income countries.
MDBs, WHO launch Health Investment Platform
  • The Platform will make an initial €1.5 billion available to these countries in concessional loans and grants to expand the reach and scope of their primary health care services, especially for the most vulnerable and underserved populations and communities.
  • The Platform was launched during the Summit for a New Global Financing Pact held in Paris on 23 June 2023.
  • The WHO will act as the Platform’s policy coordinator, responsible for ensuring alignment of financing decisions with national health priorities and strategies.
  • The Platform aims to improve health and well-being, promote universal health coverage, and protect against the impacts of future health emergencies.

Question:

Q.1 Which of the following is not one of the multilateral development banks that joined with the WHO to launch the Health Impact Investment Platform?
a. African Development Bank
b. European Investment Bank
c. Asian Development Bank
d. Islamic Development Bank
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