Oliver Wyman and WEF Highlight Urgent Need for Climate-Resilient Healthcare

Oliver Wyman, in collaboration with the World Economic Forum, has released a report titled ‘Healthcare in a Changing Climate: Investing in Resilient Solutions,’ which emphasizes the urgent need to address the health impacts of climate change, particularly in less economically developed regions. It outlines a proposed investment of $65 billion over five to eight

Become a Member

Members have access to all articles.

Membership
years in vaccines, medicines, medical devices, and health technologies, which could save 6.5 million lives and prevent $5.8 trillion in global economic losses. The report builds on earlier research projecting that climate-related natural disasters could lead to 14.5 million additional deaths and $12.5 trillion in economic damages by 2050 if left unaddressed.

The report identifies 36 priority medical needs aggravated by climate change, including malaria, dengue fever, and heat-related illnesses, and advocates for integrating climate and health data to improve forecasting and public health responses. It also highlights the importance of making local healthcare systems climate-resilient, fostering private-sector innovation, and addressing social determinants of health like education and economic stability. Oliver Wyman’s Partner Oliver Eitelwein and WEF’s Head, Centre for Health and Healthcare Shyam Bishen stress that proactive investment and global collaboration among governments, academia, and private stakeholders are essential to mitigating the health impacts of the climate crisis effectively.

Read more