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Financing

Climate change is intensifying health risks worldwide, amplifying disease burdens, and exposing vulnerable populations to new and worsening threats, especially in low- and middle-income countries.  

This area of work aims to enhance the collective efforts of WHO Member States and key stakeholders to facilitate access to sustainable finance and resource mobilization, with a view to scaling up investments in climate and health. Resource mobilization refers to both funding and technical assistance that may be required by countries to be able to develop the plans and assessments included in their commitments.  Financing will also be needed for countries to implement those plans.

This area of work contributes to both commitment areas of the COP26 Health Programme:

Key objectives of this area of work include:

  1. Reducing barriers to funding by delivering a shift in the international financial architecture available for climate change and health: This objective focuses on areas where a global shift can be delivered through the collective power of Member States and other key financial institutions and partners, as appropriate.
  2. Maximizing investments in health: This objective would ensure value for money by applying a climate lens and integrating climate resilience and sustainability in health financing to ensure available funds are used as efficiently and equitably as possible.

These objectives will be supported by the following levers:

  1. Monitoring: Track progress and performance of domestic, donor and multilateral finance agencies in mobilising resources to meet country needs to build climate resilient and low carbon sustainable health systems.
  2. Country identifying: identify and track progress in addressing the barriers to different finance types; and monitor evolutions in use of financial innovations for climate and health objectives and outcomes. 

  3. Knowledge sharing and analytics: This lever provides a forum for alliance participants to share expertise, knowledge and experience gained from analytics to inform access and use of finance for health and climate activities.
  4. Coordinating access to technical assistance: This lever would include support for the design of programs for adaptation and mitigation and for developing funding proposals –

Key resources

Funding opportunities under the Adaptation Fund

The Adaptation Fund finances projects in developing countries to support vulnerable communities in adapting to climate change. Projects can be developed for climate change and health.

Categories: Access to climate change funding for health, Climate change & health Vulnerability & Adaptation Assessments, Health National Adaptation Plans, Funding opportunity, Guidance document, Global, Financing, Climate Resilient Health Systems

Smart Buys: High-value actions for health sector adaptation

This report offers countries a set of options of adaptable, cost-beneficial actions to strengthen health sector adaptation and resilience in the face of climate change.

Categories: Access to climate change funding for health, Health National Adaptation Plans, Guidance document, Global