• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    Sponsored Content
    Gates Foundation
    • News
    • Sponsored by Gates Foundation

    Can health survive the development finance revolution?

    In a podcast episode recorded in front of a live audience at the fourth Financing for Development conference in Sevilla, Gates Foundation’s Kalpana Kochhar joins Raj Kumar to discuss why health must remain a top priority for development financing.

    By Devex Partnerships // 02 July 2025

    Listen to "Special episode: Can health survive the development finance revolution?" on Spreaker.

    Listen on Spotify, Apple Podcasts, Soundcloud, YouTube, or search “Devex” in your favorite podcast app.

    With aid budgets under pressure globally, delegates at the Fourth International Conference on Financing for Development in Sevilla, Spain, are urgently exploring innovative ways to fund global development. But as the spotlight shifts toward private capital, there’s a growing concern that essential interventions without immediate financial returns — such as health investments — could be overlooked.

    “We’re very clear that the cheapest money — concessional money, grant financing, and very concessional loans — should be allocated to those investments that give you this massive societal return, but not necessarily a financial return,” said Kalpana Kochhar, director of development policy and finance at the Gates Foundation, in an onstage conversation with Devex President and Editor-in-Chief Raj Kumar.

    Gavi, the Vaccine Alliance demonstrates how strategic health investments can pay off over time. “Gavi has graduated a number of countries who originally needed that subsidy to bring in vaccines and help purchase them at a lower price, but now [those countries] are doing it on their own,” Kumar said. However, at the recent Gavi replenishment round, pledges fell short by about $2.9 billion of the total budget request.

    The discussion also highlighted new opportunities to attract private investment in health manufacturing — from vaccine production to locally made bed nets — and reflected on the progress made since the last Financing for Development conference in Addis Ababa, Ethiopia, about a decade ago.

    This special episode of This week in global development was sponsored by the Gates Foundation.

    Watch via YouTube.
    • Banking & Finance
    • Global Health
    • Trade & Policy
    • Funding
    • Gates Foundation
    • This week in global development
    • Sevilla, Andalusia, Spain
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Devex Partnerships

      Devex Partnerships

      Thanks for reading and for your interest in Devex. In collaboration with our partners, Devex’s partnerships editorial team produces content to promote a partner’s work or perspectives on a particular issue. It gives actors across the global development sector — including nongovernmental organizations, private sector stakeholders, aid agencies and government institutions — the opportunity to go beyond traditional advertising and tell their stories in an impactful way. If you’d like to learn more about how you can shine a spotlight on a particular issue with Devex, please email partnerships@devex.com. We look forward to hearing from you.

    Search for articles

    Related Stories

    Development FinanceFfD4 kicks off as aid budgets shrink and US steps back

    FfD4 kicks off as aid budgets shrink and US steps back

    Sponsored by the Mastercard Center for Inclusive GrowthLeadership, small business, and economic growth in a changing landscape

    Leadership, small business, and economic growth in a changing landscape

    Global developmentEpisode 100: What happened in global development over the past 2 years?

    Episode 100: What happened in global development over the past 2 years?

    Global developmentTrump's USAID abolition plan: What does it mean for global development?

    Trump's USAID abolition plan: What does it mean for global development?

    Most Read

    • 1
      How low-emissions livestock are transforming dairy farming in Africa
    • 2
      Opinion: Mobile credit, savings, and insurance can drive financial health
    • 3
      Opinion: India’s bold leadership in turning the tide for TB
    • 4
      How AI-powered citizen science can be a catalyst for the SDGs
    • 5
      Strengthening health systems by measuring what really matters
    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement