Health Financing Partnership Facility

What is the facility?

The Health Financing Partnership Facility was set up in 2013 to improve health outcomes in developing member countries (DMCs). It is an umbrella operational arrangement to enhance administrative coordination and efficiency, and it is not a legal entity or structure. It will mobilize cofinancing from development partner agencies, the private sector, and foundations to support the implementation of ADB's Operational Plan of Health under Strategy 2020.

The facility includes two funds, (i) the Regional Malaria and Other Communicable Disease Threats Trust Fund, and (ii) the Cooperation Fund for Fighting HIV/AIDS in Asia and the Pacific.

What are the priorities?

The facility provides grant funds for technical assistance and investments to:

• increase the health impacts of ADB infrastructure activities
• improve health governance to expand universal health coverage for poor and vulnerable populations, and
• increase health security, as a regional public good, through control of communicable diseases.

What kind of activities are eligible?

The facility is a key mechanism for coordinating existing and new resources aimed at promoting health. It encompasses:

• grants through the RMTF;
• grants, risk transfer products, loans, equity investments, and other applications of grants through other health trust funds to be established;
• loans, grants, risk transfer products, equity investments, and other application of grants under framework agreements or project-specific agreements to be negotiated with financing partners; and
• knowledge provision and exchange on health.

Who is eligible to receive financing?

The facility is open to all ADB DMCs with special emphasis on reducing the spread of drug-resistant malaria in the Mekong region.

Who supports the facility?

Australia, Canada, Sweden, and the United Kingdom support the HFPF.