UK Commits £11.8 Million For New Regional Health Trust Fund

News Brief | 23 January 2014

The Government of United Kingdom has committed £11.8 million (roughly $19.4 million) to the newly established Regional Malaria and Other Communicable Disease Threats Trust Fund to help developing member countries of the Asian Development Bank (ADB) combat malaria and other communicable diseases, with special emphasis on reducing the spread of drug resistant malaria in the Mekong region. The trust fund is a multidonor fund which will fund grant projects, grant components of investment projects, and technical assistance, among others. It will support multi-country, cross-border, and multisector responses to urgent malaria and other health issues. The trust fund is the first fund under ADB’s new Health Financing Partnership Facility, which seeks to mobilize cofinancing from development partner agencies, the private sector, and foundations.