WEF 2024: Urgent plea for $1 trillion investment in global health systems

In the picturesque town of Davos, Switzerland, the World Economic Forum (WEF) 2024 commenced with a compelling call to action. Shyam Bishen, Head of Healthcare at the WEF, urgently stressed the imperative need for a substantial $1 trillion investment to fortify global health systems against potential crises stemming from climate change. This call resonated during a profound discussion with Shereen Bhan of CNBC-TV18.

Bishen emphasized that achieving this monumental financial goal requires a collaborative effort from the public and private sectors. He underscored the pivotal roles these sectors must play in pooling resources to establish resilient health systems capable of withstanding the challenges posed by climate-induced crises.

According to Bishen, the mobilization of such a substantial amount necessitates a united front between the public and private sectors. He highlighted the critical role these sectors must play in marshaling resources to ensure robust health systems capable of withstanding the strain of climate-induced crises.

Beyond the spotlight on healthcare, WEF 2024 discussions delved into the themes of trust and recovery in the post-pandemic landscape. In the aftermath of a global health emergency, the forum aimed to foster dialogue on rebuilding faith in institutions and constructing resilient systems for a healthier tomorrow.

The Davos meeting also underscored the imperative to better prepare for the multifaceted challenges presented by climate change. With the shadow of an unknown ‘disease X’ looming, the forum brought together key figures, including the Director-General of the World Health Organization and health experts from various organizations. The underlying message emphasized a proactive approach to health system preparation as non-negotiable in the face of an increasingly unpredictable world.