Health Systems Bond


Reporting Organization:IBRD Trust Funds - World Bank
Total Budget ($CAD):$ 20,000,000
Timeframe: December 31, 2015 - June 30, 2022
Status: Implementation
Contact Information: Unspecified

Partner & Funder Profiles


Reporting Organization


IBRD Trust Funds - World Bank

Participating Organizations


Funders (Total Budget Contribution)


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Location


Region - Total Budget Allocation


Sub-Saharan Africa - $ 8,814,000.00 (44.07%)

Southeast Asia - $ 3,332,000.00 (16.66%)

South Asia - $ 2,726,000.00 (13.63%)

East Asia - $ 2,424,000.00 (12.12%)

Central Asia - $ 1,516,000.00 (7.58%)

North Africa - $ 1,186,000.00 (5.93%)

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Areas of Focus


Health - Total Budget Allocation


Health Systems, Training & Infrastructure (80 %)

Primary Health Care (20 %)

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Description


This project aims to fill critical financing gaps to improve reproductive, maternal, newborn and child health (RMNCH) in high-burden countries by accelerating investments in health systems. The Health Systems Bond is issued by the World Bank and available for purchase by private investors. Capital generated from the proceeds is channeled as loans to countries eligible for funding from the Global Financing Facility (GFF) in support of Every Woman Every Child. DFATD’s contribution helps lower the borrowing costs for GFF countries who wish to access the funds raised by the bonds in the form of performance-based financing. Project activities include: (1) training community health workers; and (2) improving health data systems; and (3) increasing investments in health by improving outreach to private sector. Strengthening health systems is an important part of Canada’s efforts to improve RMNCH as strong systems are central to the delivery of quality essential services for women and children.

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Target Population


Gender and age: Unspecified
Total Direct Population: Unspecified
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Outputs


Unspecified

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Results & Indicators


Expected Results


The expected intermediate outcomes for this project include: (1) reduced maternal and child mortality; (2) improved health and data systems; (3) improved equitable access to high quality health services for women, children and adolescents; and (4) increased private sector investments in the health.

Achieved Results


Unspecified

Indicators


  • None Selected
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Associated Projects (If applicable)


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