New financing tool aims to increase access to lifesaving mosquito nets

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The so-called Revolving Facility is an initiative of the Global Fund to Fight AIDS, Tuberculosis and Malaria, a UN partner that invests $4 billion annually to stamp out these deadly diseases and strengthen health systems in more than 100 countries.

The Revolving Facility will negotiate improved supply terms for health products using advanced market commitments, including volume guarantees, to drive more affordable access and innovations at greater scale.

The Revolving Facility was established with an initial commitment of $100 million from the Bill & Melinda Gates Foundation.

The first agreement will be with Swiss company Vestergaard for its new dual active ingredient (Dual AI) insecticide-treated mosquito nets, which are more effective against insecticide-resistant mosquitoes than conventional nets.

UN

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