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Multiple crises are plaguing the Indo-Pacific. Climate change, biodiversity loss and extreme weather events are exacerbating vulnerabilities in public health. Accounting for 70 per cent of global air pollution-related deaths, climate-sensitive diseases like malaria and dengue are expanding into new latitudes and altitudes due to shifting temperatures, flooding, and changing rainfall patterns (UNEP, 2023). These challenges are further intensified by large- scale displacement, forcing 32 million people to migrate (UNHCR, 2023). Besides, 70 per cent of the global population at risk from sea-level rise, resides in the Indo-Pacific where nearly one-third of jobs depend on climate-sensitive sectors such as agriculture and fisheries (UNDP, 2023). Despite the scale of these challenges, resilience financing remains critically inadequate. According to the Adaptation Gap Report 2024, regional countries in the Indo-Pacific require an estimated US $102 billion to US $431 billion annually to adapt to climate change. However, only about US $34 billion in adaptation finance was mobilized in the region between 2021 and 2022, highlighting a significant financing gap that hampers resilience- building efforts. In this context, the Sustainable Finance in the Indo-Pacific (SUFIP) Development Network (DN) is convening a half-day event with two panel discussions to bridge the disconnect between climate finance and public health imperatives. Bringing together policymakers, financial institutions, and health experts, the discussions will focus on mobilizing investments for climate-resilient health systems that are inclusive, sustainable, and responsive to the region’s unique challenges.
10:00 - 10:05 (IN)
Nilanjan Ghosh, Vice President - Development Studies, Observer Research Foundation
10:05 - 10:15 (IN)
Swati Prabhu, Associate Fellow, Observer Research Foundation
10:15 - 10:25 (IN)
Laurent Cortese, Head of Climate Finance and Energy Team, Agence Française de Développement (AFD)
10:25 - 11:15 (IN)
The Indo-Pacific has recorded some of the most severe climate-related health challenges in recent years. The World Health Organization (WHO) estimates that globally, between 2030 and 2050, climate change could cause approximately 250,000 additional deaths annually from malnutrition, vector-borne diseases, and heat stress. With rising sea levelscontaminating freshwater supplies and increasing salinity in coastal areas, waterborne diseases are on the rise. Rising temperatures have already led to a 46 percent increase in heat-related mortality in the Indo-Pacific over the past two decades. Moreover, climate-induced disasters have directly impacted healthcare systems, as seen in the Pacific islands,where severe cyclones have destroyed medical infrastructure and limited access to essential services. Vulnerable populations including coastal communities, indigenous, and women, are disproportionately affected, with limited adaptation measures in place.
Despite increasing recognition of climate-health risks, policies remain fragmented due to institutional silos, inadequate funding for climate-resilient healthcare, and limitedcoordination between public health, environmental, and agricultural sectors. This panel will identify policy recommendations for financing mechanisms and technological solutions to strengthen health resilience, utilizing the lens of One Health. This approach recognizes that climate change is not only exacerbating direct human health risks but also disrupting ecosystems, altering disease transmission patterns, and increasing the risk of zoonotic spillovers. Addressing these interrelated threats requires an integrated response across human, animal, and environmental health sectors
Driving Questions:
Speakers:
Prabhat Kumar, Social Policy Specialist & PME Focal, UNICEF Office for West Bengal
Ritika Kapoor, Climate Change and Health Specialist, Natural Resources Defence Council (virtual)
Upasona Ghosh, Associate Professor, Public Health Foundation of India
Thomas Gonnet, Regional Task Manager - Health and Social Protection, Agence Française de Développement (AFD) (Virtual)
Moderator
Aparna Roy, Fellow & Lead Climate Change and Energy, Observer Research Foundation
11:15 - 11:30 (IN)
11:30 - 12:20 (IN)
Climate-vulnerable nations in the Indo-Pacific require urgent and substantial investments to build resilient healthcare systems amidst escalating climate risks. However, the significant financing shortfall impedes critical adaptation and healthcare resilience efforts. By 2030, the Indo-Pacific is projected to become the fastest-growing region in healthcare spending, accounting for over 20 per cent of global expenditures. The region's most climate-vulnerable nations face multiple barriers to accessing climate finance, including complex application processes, limited institutional capacity, and an overreliance on debt-based financing. Pacific Island nations, for example, receive less than 10 per cent of the climate finance they require annually to adapt to climate-related health risks. Mainstreaming climate considerations into national health priorities is essential to ensure long-term resilience. Strengthening healthcare infrastructure to withstand extreme weather events, integrating climate risk assessments into public health strategies, and expanding access to sustainable financing for health adaptation are critical priorities. Financial institutions, like multilaterals, PDBs, and also national DFIs must also play a proactive role in designing tailored funding solutions that enhance healthcare resilience. This panel will explore innovative solutions, financing mechanisms and reforms in the policy landscape to unlock finance for climate-resilient healthcare systems in the Indo-Pacific.
Driving Questions
Speakers
Madhav Joshi, CEO, India Health Fund
Himangi Bhardwaj, Head – Health and Lifesciences, Science and Technology Network, British High Commission (virtual)
Antara Ray, Director – Climate Resilience, PwC India
Vanshica Kant, Associate Investment Officer, Asian Infrastructure Investment Bank (AIIB) (virtual)
Moderator
Swati Prabhu, Associate Fellow, Observer Research Foundation
12:20 - 12:30 (IN)
Shoba Suri, Senior Fellow, Observer Research Foundation
12:30 - 13:30 (IN)