Inaugural COP28 Health Day Commitment Advances New Guiding Principles for Financing Climate and Health Solutions, Launched Today
DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ -- The Rockefeller Foundation is announcing a USD 100 million commitment to address the health impacts of climate change. Joining 40 multilateral development banks, governments, philanthropies, and civil society organizations, the Foundation also endorsed the Guiding Principles for Financing Climate and Health Solutions, launched today at the World Climate Action Summit, to accelerate investments in and policy development on climate-health solutions that increase country ownership, accessibility, and long-term impact.
"Health is the human face of climate change, and Health Day at COP28 is a historic moment for health and climate leaders to commit to advancing the well-being of the 3.3 billion people who are most vulnerable to climate change," said Dr. Rajiv J. Shah, President of The Rockefeller Foundation. "With this commitment, the Foundation and our partners are rising to the occasion to help save lives and improve health outcomes in a warming world."
Equitable Financing to Support Country Priorities
The inaugural Health Day at COP28 marks a significant step in prioritizing the importance of climate and health on a global scale. The Rockefeller Foundation is committed to amplifying this impact through collaboration with its partners to increase the quantity and effectiveness of financing focused on supporting the efforts of low- and middle-income countries to mitigate, withstand, and respond to the escalating impacts of climate change on health. Though more than 90% of countries including health-focused priorities as part of their National Determined Contributions for climate mitigation and adaptation under the Paris Agreement, recent data suggests only 0.5% of climate financing is allocated toward health projects. Moreover, countries face a bevy of requirements ? unique to each funder and imposed on them ? when attempting to access funding.
The newly released Guiding Principles for Financing Climate and Health Solutions seek to address this financing gap by establishing priorities for funding and policy to support the building of resilient and sustainable health systems. The Principles seek to ensure that countries gain increased access to climate-health financing that is responsive to their people's needs and priorities, especially the most vulnerable. The Republic of Malawi, for example, has endorsed these principles, and will drive climate and health financing accordingly in its Malawi Agenda 2063.
The COP28 Presidency in partnership with The Green Climate Fund, the World Health Organization, the Global Fund to Fight AIDS, Tuberculosis and Malaria, and The Rockefeller Foundation developed the Guiding Principles, which were informed by a convening hosted at The Rockefeller Foundation during the United Nations General Assembly. In addition to those partners, more than 50 organizations across climate, finance, health, government, and civil society sectors provided input. Along with the initiating organizations, fellow endorsers include: Adaptation Fund; Africa Centres for Disease Control and Prevention; The Africa Climate Foundation; African Development Bank Group; Amazon Conservation Team Columbia; Amref Health Africa; Asia Venture Philanthropy Network; Belmont Forum; Children's Investment Fund Foundation; Clara Lionel Foundation; Clean Air Fund; Clinton Health Access Initiative; Commonwealth Secretariat; COP28 Presidency; European Investment Bank; Foundation S - The Sanofi Collective; Gavi, the Vaccine Alliance; Global Climate and Health Alliance; Global Environment Facility; The Global Fund to Fight AIDS, Tuberculosis and Malaria; Government of the United Kingdom, Foreign, Commonwealth & Development Office; Green Climate Fund; Health Care Without Harm; Hivos; The Hong Kong Jockey Club's Institute of Philanthropy; IMPACT Europe; International Federation of Red Cross and Red Crescent Societies; Kingdom of Norway, Ministry of Foreign Affairs; OECD Development Centre, Network of Foundations; Pandemic Action Network; PATH; Reaching the Last Mile; Republic of Malawi, Ministry of Health; Robert Wood Johnson Foundation; The Rockefeller Foundation; Save the Children; Seed Global Health; UNICEF; Wellcome Trust; World Bank Group; and World Health Organization.
Improving Health for All in a Warming World
From its earliest days more than a century ago, The Rockefeller Foundation has sought to improve health outcomes for populations in need. Investments established the first schools of public health and the global campaign against hookworm; and seeded the development of the yellow fever vaccine. The Foundation has also supported translational research for tools ranging from penicillin to polio, helped create the field of molecular biology, spurred AIDS vaccine development, supported Covid-19 responses and pathogen surveillance, and catalyzed and accelerated action on Universal Health Coverage globally.
The funding is part of The Rockefeller Foundation's recently announced 5-year Climate Strategy, announced in September, to mobilize USD 1 billion over the next five years to advance the global climate transition and help ensure everyone can participate in it. The USD 100 million climate-health investment will reimagine The Rockefeller Foundation's 110-year legacy in global health for the climate era, seeking to test and scale promising solutions through innovation, equitable financing, policy, and partnerships:
"When it comes to building a livable future, we all have parts to play," said Naveen Rao, Senior Vice President of Health, The Rockefeller Foundation. "Across our commitments, we're developing and strengthening networks focused on reversing the climate crisis and safeguarding health for generations. We're grateful to Reaching the Last Mile, The Hong Kong Jockey Club's Institute of Philanthropy, and other emerging partners for taking up this cause and joining the collective effort."
Statements of Support
About The Rockefeller Foundation
The Rockefeller Foundation is a pioneering philanthropy built on collaborative partnerships at the frontiers of science, technology, and innovation that enable individuals, families, and communities to flourish. We make big bets to promote the well-being of humanity. Today, we are focused on advancing human opportunity and reversing the climate crisis by transforming systems in food, health, energy, and finance. For more information, sign up for our newsletter at rockefellerfoundation.org and follow us on X @RockefellerFdn.
SOURCE The Rockefeller Foundation
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