41 Funders, Partners Endorse New Guiding Principles for Financing Climate and Health Solutions to Protect Health
DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ -- A consortium of multilateral development banks and funders, countries, and philanthropies today published the Guiding Principles for Financing Climate and Health Solutions ("Guiding Principles"), announced at the World Climate Action Summit during the 28th session of Conference of Parties to the UNFCCC (COP28) in Dubai. The Guiding Principles establish a shared vision for financing that will rapidly reduce greenhouse gas emissions to improve health, protect people from the range of climate risks to health, and build resilient, environmentally sustainable health systems. The Guiding Principles were developed by the COP28 Presidency in collaboration with The Global Fund to Fight AIDS, Tuberculosis, and Malaria, The Green Climate Fund, The Rockefeller Foundation, The World Health Organization and the ATACH Working Group on Financing, and in consultation with over 50 financing partners and civil society organizations. The Guiding Principles have been endorsed by 41 organizations, with more expected following COP28.
- The Guiding Principles establish a shared vision for financing that will rapidly reduce greenhouse gas emissions to improve health, protect people from the range of climate risks to health, and build resilient, environmentally sustainable health systems.
- The Guiding Principles acknowledge critical elements of accessible and effective financing and the need to mobilize additional funds for climate and health solutions.
- Key pillars of the Guiding Principles include:
Accelerating transformative climate and health solutions to save and improve lives now and in the future;
Creating equitable, inclusive, accessible, and holistic approaches to climate and health financing and solutions;
Building the core policymaking and implementation capacities of countries, communities, and financing institutions to deliver climate and health solutions. - "The Adaptation Fund is pleased to endorse the Guiding Principles for Financing Climate and Health Solutions.