Introducing Thrive
The Thrive Fund invests in high potential climate-health technologies in emerging markets.
The fund focuses exclusively on early- and growth-stage innovations that enhance health systems and build climate resilience, helping them bridge their scale gap. It is designed to accelerate their adoption and rapid deployment by providing patient capital and catalytic technical support.
GIF is partnering with PATH, a leader in global health innovation, to deliver the Thrive Fund.
PATH has scaled more than 120 health technologies in over 70 countries with government, community and private sector partners. Similarly, as a non-profit, impact-first investment fund, GIF has financed over 70 innovations in low- and middle-income countries. Thrive is the product of our unique partnership, which combines cutting edge technical expertise with extensive experience investing in climate-health.
We are addressing the need for financing to develop and scale holistic solutions to climate-health challenges.
By 2050, climate impacts will lead to 15 million excess deaths, two billion healthy life years lost, and a five-fold increase in heat mortality. Low- and middle-income countries in Africa and Asia are the most vulnerable, projected to bear 80% of these deaths. Climate change strains health systems, damaging infrastructure, disrupting supply chains, and causing blackouts and workforce shortages. Proven technologies for climate-health challenges exist but often fail to scale due to funding shortfalls, market uncertainties, policy gaps, and a fragmented ecosystem.
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100M
people in low- and middle-income countries targeted
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$120M
raised and deployed by 2030 to save and improve lives
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100
potential investment opportunities in Thrive’s robust pipeline
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Our goal is to raise and deploy $120 million over the next five years to address emerging climate-health needs.
The fund will blend equity investments with catalytic grant support, enhancing returns for private investors and crowding in more capital. The fund will target a first close of $12 million in its first year, with a final close in 2030.
The Thrive Fund will improve climate-health resilience for 100 million people, mobilising $10 in private capital for every dollar invested.
We will fill a financing gap by providing patient capital and knowledge support, addressing the capital-intensive nature of climate-health technologies.
We will foster innovation in business models by commercialising early-stage technologies and developing cost-effective go-to-market strategies for start-ups.
We will build the capacity of health systems to absorb these innovations, supporting policy development and generating evidence on what works - and what doesn’t.
We will convene stakeholders across the value chain to scale climate-health solutions sustainably and effectively.
Thrive with Us.
Let’s explore how we can work together. Connect with us any time to discuss how we can partner, via the link below.
