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Area of Science:

  • Global Health
  • Human Rights Law
  • Development Finance

Background:

  • The right to health is a fundamental human right, essential for development.
  • Government aid and spending are crucial for achieving the right to health.
  • Increasingly, funds are channeled through Development Finance Institutions (DFIs) to for-profit healthcare in low- and middle-income countries.

Purpose of the Study:

  • To examine the human rights obligations of European DFIs and the International Finance Corporation.
  • To assess the impact of DFI investments in for-profit healthcare on the right to health.
  • To analyze accountability mechanisms related to these investments.

Main Methods:

  • Analysis of human rights obligations of selected European DFIs and the International Finance Corporation.
  • Application of the "availability, accessibility, acceptability, and quality" framework for the right to health.
  • Review of investment strategies and their implications for healthcare access and human rights.

Main Results:

  • DFI investments in for-profit healthcare contribute to the corporatization and financialization of health services.
  • This investment model is linked to profiteering, exploitation, and human rights abuses.
  • Significant barriers to accessing quality, affordable healthcare are created, limiting the right to health.

Conclusions:

  • The current DFI investment approach in for-profit healthcare undermines the fundamental right to health for all.
  • Lack of accountability exacerbates issues of profiteering and denial of treatment.
  • Policy changes are needed to ensure investments align with human rights principles and promote equitable health access.