Climate change is one of the most serious issue facing the world today. No one is exempted as its effects impact people’s lives in every country across the globe.

The effects of climate change continue to manifest, with rising global temperatures impacting ecosystems, weather patterns, and human well-being. According to the latest data and scientific analyses, 2023 is projected to be one of the warmest years on record. This trend is primarily driven by the rising greenhouse gases emissions in the atmosphere. While developing countries have contributed the least to climate change, they are disproportionately affected by its impacts due to their heavy reliance on the environment and its resources. Moreover, these countries often face challenges in terms of financial resources and technological capabilities to adapt to and mitigate the effects of climate change. It needs to urgently shift to carbons neutrality, which require climate finance investments to increase substantially.

The consequences of a warmer climate are far-reaching and include more frequent and intense heatwaves, changes in precipitation patterns leading to droughts and floods, rising sea levels, and increased occurrences of extreme weather events such as hurricanes and wildfires. These impacts pose significant risks to ecosystems, biodiversity, agriculture, water resources, and human health.

Global warming and the associated increase in drought and flooding pose a substantial risk to public health, likely to result in the escalation of diseases transmitted by vectors, as well as food and water-borne illnesses. Rising global temperatures are providing the perfect environment for many climate-sensitive infectious diseases to thrive. The most vulnerable populations are expected to bear the brunt of this escalation. It is crucial for the global health community and other stakeholders to take immediate action in order to comprehend these changes.

Affordable and scalable climate solutions must be available and accessible to help cope with extreme weather events and facilitate countries’ creation of cleaner and more resilient economies. The investment community will play a critical role in accelerating the transition toward climate neutrality. Both in terms of directing capital towards areas where positive change is generated and fostering innovative solutions that can help tackle climate change and reduce prevailing inequalities.