During the COP28 Healthy Cities, Climate Finance and Resilience session taking place in the invite-only Green Zone on the 2nd December 2023 a new declaration was made to bring new innovative ways of mobilising health sector pension fund capital to support climate action and sustainable development.
World Health Innovation Summit CIC declaration is a call to action and opportunity for healthcare workers to work with their employers to commit 1% of their pension funds to support sustainable development (the 17 SDGs).
Gareth Presch, the CEO of the World Health Innovation Summit CIC remarks:
“The Healthy Planet, Healthy People COP28 Declaration seeks to mobilise the health sectors pension funds to support sustainable development around the world. We’re calling on the 46 million healthcare workers around the world to support sustainable development with a 1% commitment of their pension funds. We need new financial vehicles that can support investment opportunities that deliver a sustainable world.”
Maria Dayton the Head of Capital Partnerships at LG Nova and Founding Partner at NOVA Prime Ventures remarks:
“We are excited to partner with the World Health Fund in their effort to provide ubiquitous digital health care services to anyone who needs them.”
Dr. Harris Eyre MD PhD Fellow, Rice University’s Baker Institute for Public Policy and Lead of the Brain Capital Alliance remarks:
“Clearly we need fresh approaches to achieving sustainability. Harnessing public pension fund capital means harnessing capital which cares about generational issues like climate. This approach offers long term vision and strategy, stability and consistency, and participatory community engagement.”
Quote from Impact for SDGs
“There is tremendous potential to unleash a wave of transformative initiatives that directly tackle the pressing global challenges of climate change, environmental degradation, and social inequality. As a collective, we have a unique opportunity to reshape the trajectory of the future, paving the way for a healthier and more sustainable world by redefining how we utilize our resources. This, in turn, will play a crucial role in fostering healthier and more equitable societies.”
During the session: Rym Ayadi Euro-Mediterranean Economists Association - EMEA underlined “Investing in urban health, particularly brain health and creativity, is not just a societal imperative but an economic strategy. When we nurture the mental well-being and creative capacities of our urban populations, we are not only enhancing individual lives and flourishing but are also fueling the engines of economic resilience and innovation. Such investment, especially when supported by strategic financing from sectors like insurance and pension funds, lays the foundation for a more robust, vibrant, and prosperous society.”
**Partners: **
World Health Innovation Summit CIC, Ecogreen Capital, GGWoA Foundation, Global Social Prescribing Alliance , Marfa Advisors, Commonwealth Pacific Climate Fund, The Good Economy, LG Nova Capital Alliance, Affinity Healthcare Advocates, Medsign, Orora, Pulse4Pulse, Impact-for-SDGs
***Contact gareth@whis.world for further details. ***