Shaping Markets to Promote Vaccine Equity and Address Climate Change

Watch a 48-minute lecture from University of Chicago Associate Professor Rachel Glennerster at the Inter American Development Bank's internal seminar exploring how market shaping and Advance Market Commitments can address global challenges. Discover the economic impact of pandemics, with expected global losses exceeding $700 billion annually, and learn about the effects of climate change on staple crop yields. Examine why commercial incentives for innovation fall short and understand how combining push and pull funding mechanisms can better align business interests with social priorities to deliver crucial innovations at scale for pandemic preparedness and climate change mitigation.