AIIB report flags shortfall in climate adaptation funding for health

Only $3.7bn of $42.2bn global health-climate investment went to adaptation; Pakistan vulnerable to climate-linked diseases

Global investment in health and climate projects reached $42.2 billion between 2019 and 2023, but only $3.7 billion supported climate adaptation, the Asian Infrastructure Investment Bank said.

The report highlights immunisation against climate-sensitive diseases and climate-resilient health infrastructure as the most effective adaptation measures. Up to $36.50 of every $100 spent in these areas addresses climate-driven disease burdens.

The study reviewed investments by AIIB, the World Bank and Gavi, covering six climate-vulnerable countries, including Pakistan, Bangladesh, Ethiopia, Malawi, Nigeria and the Philippines. Adaptation-linked health funding has grown but remains limited.

In Pakistan, $5.4 billion in climate finance flowed between 2019 and 2021, with 74 percent targeting mitigation and $1.37 billion supporting adaptation. Extreme heat, floods, droughts and erratic rainfall have increased the risk of waterborne diseases, especially in communities along the Indus River.

 

Monitoring Desk
Monitoring Desk
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read