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    • News
    • COP 28

    Can guiding principles fix climate-health finance? Rockefeller hopes so

    Naveen Rao, senior vice president of the health initiative at The Rockefeller Foundation, told Devex the little climate finance going to health was not going to countries that need it the most. And when it does, it's very hard to access.

    By Jenny Lei Ravelo // 07 December 2023

    Prior to the 28th United Nations Climate Change Conference, the health team at The Rockefeller Foundation went on a “listening tour” in 20 countries. The goal was to understand the effects of climate change on health in these countries, and what local solutions they can incorporate to ensure that whatever the foundation ends up doing is based on the needs from the ground.

    What they found helped inform the creation of a set of guiding principles for financing climate and health solutions, which calls for supporting the most impacted countries and communities, and enhancing equitable access to finance, including through simplified processes. The principles were co-developed by the COP 28 presidency together with The Rockefeller Foundation, the Global Fund to Fight AIDS, Tuberculosis and Malaria, the Green Climate Fund, the World Health Organization, and included consultations with different entities, including countries and civil society.

    So far 48 organizations have endorsed the principles, including bilateral donor agencies, multilateral development banks, and the Green Climate Fund.

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    About the author

    • Jenny Lei Ravelo

      Jenny Lei Ravelo@JennyLeiRavelo

      Jenny Lei Ravelo is a Devex Senior Reporter based in Manila. She covers global health, with a particular focus on the World Health Organization, and other development and humanitarian aid trends in Asia Pacific. Prior to Devex, she wrote for ABS-CBN, one of the largest broadcasting networks in the Philippines, and was a copy editor for various international scientific journals. She received her journalism degree from the University of Santo Tomas.

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