Triple I hosted a side event at the 79th UN General Assembly

Impact Investing for Global Health:Triple I Progress & Forward Look

On September 24th, 2024, Impact Investment Initiative (Triple I) for Global Health hosted a hybrid side event "Impact Investing for Global Health: Triple I Progress & Forward Look" in New York, United States of America, alongside the 79th United Nations General Assembly. The event marked Triple I's first anniversary and brought together over 150 participants from different stakeholders to explore enhanced collaboration across sectors and advance impact investment into global health. 

<High Level Session>

At his opening remarks, H.E. Mr. TAKEMI Keizo, Minister of Health, Labour and Welfare of Japan, showed his expectation for Triple I to work as a catalyst in engaging a diverse range of stakeholders to promote impact investment in the field of global health. Minister Takemi also explained Japanese government's efforts to solve global health challenges such as the achievement of universal health coverage and strengthening pandemic preparedness and responses. Following Minister Takemi, the Rt. Hon. Nick Hurd, GSG Impact and Impact Task Force Chair, highlighted the need for impact investment in global health as well as the opportunities presented in the era of innovation, and showed his hope for this baton to be passed on to other G7 countries. 

After the opening remarks, a High Level Panel Discussion was held on how to accelerate financing into global health to achieve outcomes aligned with SDGs. The Panel consisted of representatives from diverse stakeholders, including senior officials of international organizations, development finance institution, and private sector, as well as a key figure in impact investing. The Panelists highlighted the importance of partnerships as well as focusing on outcomes which allows space for innovation. They also noted the need to promote impact investment in areas such as maternal health, nutrition, diabetes and AMR, and in regions such as the least developed countries (LDC).

<Interactive Seminar>

Three sessions of interactive seminar were held according to the three pillars of Triple I, with panelists from impact investors, health-related international organizations, and development finance institutions. The first session was on "Standardization of impact measurement and management (IMM)" which was moderated by Mr. Ken Shibusawa, Triple I Co-Chair. The panelists shared their experience and approach to impact measurement, for example, around lives saved and improved, and challenges faced such as the lack of quality data and the ticket sizes. The second session was on "Establishing a set of policy standards and enabling environment" which was moderated by Mr. Steve Davis, Triple I Co-Chair. The panelists discussed the role of governments in accelerating impact investing in global health through policy, mechanisms, initiatives, protocol, and others, as well as in creating enabling environments of the inbound countries of impact investing. The panelists addressed the need for sharing both good practices and lessons learned from failures, among others. The third session was on "Enhancing Network and Partnership, with increased sectoral understanding" which was moderated by Dr. Ayoade Alakija, Triple I Co-Chair. The panelists discussed how we can increase cross sectoral understanding and ensure that investments deliver sustainable impact to the countries and communities in need. Panelists highlighted that derisking of investment in health is a critical element to scale the capabilities in emerging markets, and how partnership between public and private play a role in that. 

*The speakers, panelists, and discussants participated in each session (in alphabetical order)

<High Level Session>
[Opening Remarks]
•    The Rt. Hon. Nick Hurd, GSG Impact and Impact Task Force Chair
•    H.E. Mr. Keizo Takemi, Minister of Health, Labour and Welfare of Japan
[Panelists]
•    Sir Ronald Cohen, President, GSG Impact
•    Ms. Oluranti Doherty, Managing Director for Export Development, African Export-Import Bank
•    Ms. Diene Keita, Deputy Executive Director, UNFPA
•    Ms. Takuko Sawada, Director and Vice Chairperson of the Board of the Shionogi & Co., Ltd.
•    Dr. Karlee Silver, Chief Executive Officer for Grand Challenges Canada
•    Ms. Hannan Sulieman, Deputy Executive Director, Management, UNICEF

<Interactive Seminar Session 1>
•    Mr. Francesco Saverio Ambrogetti, Principal Adviser Innovative and Alternative Finance for Children (IF4C), UNICEF
•    Mr. Amit Bouri, Chief Executive Officer and Co-Founder of the GIIN
•    Ms. Leeat Gellis, Director, Social Finance, Grand Challenges Canada
•    Dr. Curt H LaBelle, Head of Global Health Private Equity, AXA Investment Managers
•    Ms. Zeynep Kantur Ozenci, Global Head of Health, International Finance Corporation (IFC)
•    Mr. Kotaro Sueyoshi, Deputy Director, Sustainable Business Promotion Department, Mizuho Financial Group, Inc.

<Interactive Seminar Session 2>
•    Mr. Labeeb Abboud, Chairman and CEO of Global Health Investment Corporation (GHIC)
•    Mr. Francesco Saverio Ambrogetti, Principal Adviser Innovative and Alternative Finance for Children (IF4C), UNICEF
•    Mr. Michael Anderson, Chief Executive Officer and Board member, MedAccess
•    Mr. Tenu Avafia, Deputy Executive Director, Unitaid
•    Mr. Martin Edlund, Executive Director, Health Finance Coalition (HFC)
•    Mr. Kotaro Sueyoshi, Deputy Director, Sustainable Business Promotion Department, Mizuho Financial Group, Inc.

<Interactive Seminar Session 3>
•    Mr. Ayotunde Aladejana, Head of Global Partnerships, 54 Collective VC
•    Dr. Catharina Boehme, Assistant Director General External Relations at WHO
•    Ms. Oluranti Doherty, Managing Director for Export Development of the African Export-Import Bank (Afreximbank)
•    Mr. John Fairhurst, Head of Private Sector Engagement at the Global Fund to Fight AIDS, Tuberculosis and Malaria
•    Mr. Farid Fezoua, Global Director Health and Education, International Finance Corporation (IFC)
•    Ms. Nafisa Jiwani, Managing Director, U.S. International Development Finance Corporation (DFC)
•    Mr. Yosuke Kaneko, Founder / CEO at SORA Technology
•    Dr. Curt H LaBelle, Head of healthcare Private Equity, Impact Management, AXA Investment Managers
•    Mr. Marcos Neto, UN Assistant Secretary-General and Director of UNDP's Bureau for Policy and Programme Support
•    Dr. Magda Robalo, Co-chair of UHC2030