Working Paper - September 2023

Gender, climate finance and inclusive low-carbon transitions

Sejal Patel , Victoria Plutshack , Tracy Kajumba , Maria Del Pilar Lopez Uribe , P.P. Krishnapriya
Climate change will have significant long-term impacts on people, ecosystems and the global economy. To avoid catastrophic impacts, the world must mobilise finance at scale to deliver rapid and substantial low-carbon transitions across sectors and regions. Improving sustainable finance approaches and enhancing market alignment with this transition is crucial. Evidence shows that climate finance is not reaching those who need it most. Despite the significant climate risks faced by women and girls, only 2.3% of climate finance intends to principally support gender equality. Low-carbon transitions must be designed with proper understanding of contextual gender inequalities.
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