Debt2Health

Debt2Health is an innvoative financing initiative of the Global Fund.  It helps channel resources of developing countries with high debt and disease burdens away from debt repayments towards life-saving investments in health.

Under Debt2Health the Global Fund works with its partners to identify debt conversion opportunities, and then negotiates a three-party agreement between the creditor, the debtor (a Global Fund recipient country) and the Global Fund.  Under a Debt2Health agreement creditors fogo a portion of their claims on the condition that the beneficiary country invests an agreed counterpart amount in its national health programs, through an approved Global Fund grant.  The funding provided through Debt2health is disbursed by the Global Fund to the beneficiary country through the Fund’s normal performance-based mechanism.