AIIB Rolls Out Groundbreaking Health Strategy
Date
1/21/2025 3:10:10 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 21. The Asian
Infrastructure investment bank (AIIB) has unveiled its first-ever
health strategy, marking a significant milestone in the bank's
efforts to address social infrastructure challenges, Trend reports.
Launched in December 2024, the strategy is the first of its kind
by a multilateral development bank since the COVID-19 pandemic and
builds on AIIB's experience of financing 22 health projects with a
total of $4.87 billion.
This comprehensive plan aims to tackle health challenges across
the bank's member countries, highlighting the vital role of
infrastructure in supporting better health outcomes. It focuses on
strengthening health systems and building resilience, addressing
vulnerabilities exposed by the pandemic. The strategy also
underscores AIIB's commitment to social inclusion and sustainable
development, ensuring that health investments contribute to both
immediate needs and long-term improvements.
AIIB's health strategy outlines six strategic priorities, guided
by five key principles, with a focus on fostering partnerships with
other multilateral banks, health organizations, and the private
sector. As the bank rolls out the strategy, a robust monitoring
system will track its impact, ensuring progress towards creating
more resilient health systems and supporting global health
security.
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