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    • Opinion
    • Global Health

    Opinion: Global health is at a crossroads, emerging as a new asset class

    Investors have become a driving force in global health, seeing it as the next big asset class, while global south nations are pushing back against donor-driven models.

    By Nadja Skaljic // 19 June 2025

    Global health stands at a critical crossroads. The recent World Health Assembly’s call for “One World for Health” captures an important aspiration — but noble slogans won’t fix fractured systems facing rapidly changing markets and deep-rooted inequalities. The pressing question is: What concrete steps will actually drive true health equity, and who now holds the power to shape the rules?

    To be future-proof, global health systems need stronger coordination and smarter financing that brings together public funds, philanthropy, and private capital. The traditional model, driven by World Health Organization donor priorities and member states, and often scattered efforts, is no longer enough to handle the scale of today’s challenges.

    Climate shocks, pandemics, and AI-driven disease surveillance demand a unified approach, one that combines government leadership, community participation, and responsible investment.

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    The views in this opinion piece do not necessarily reflect Devex's editorial views.

    About the author

    • Nadja Skaljic

      Nadja Skaljic

      Nadja Skaljic is a senior legal executive and board director with expertise across sustainability, finance, and technology. She previously held senior roles in government and multilateral institutions. She is an expert member of the World Economic Forum’s Global Foresight Network, the Green Digital Finance Alliance, and the Swiss Impact and Prosperity Initiative.

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