The World Bank Group has an ambitious plan to help countries deliver quality, affordable health services to 1.5 billion people by 2030. IFC, the largest development finance institution focused on the private sector in emerging markets, is helping the private health sector deliver quality care in support of public health strategies by:
- Localizing the production and distribution of medical products to strengthen supply chains.
- Strengthening health facilities and services to improve quality of care, manage health crises, and implement climate-resilient measures.
- Leveraging digital technologies to reach more people and make advanced care available.
- Collaborating with governments and development partners to deploy private sector health solutions and capital to reach more people.
The localization of the manufacture of medical supplies, among them vaccines, pharma, and equipment, is a key strategy of the World Health Organization (WHO) and IFC, who are partnering to enable the private sector to better meet needs in low- and middle-income countries.
Last updated: October 2024