How climate finance and technology could better integrate women

Article 6 guidance on emission counting and carbon market negotiations has hit the bar. Lima Work Program on Gender decision has, therefore, been incorporated by the U.N in the COP25 climate talks. In 2014, U.N initiated the program U.N Framework Convention on Climate Change to help in the provision of a solution for gender balance and also bring equality in gender concerns. A leading scientist claimed that, matters concerning gender-differences frangibility to climate change and the respective negotiating parties was essential going forward. Parties can heighten gender equality by implementing gender-responsive measures and climate policy in the 21st century.

At a COP 25 side event co-coordinator of the gender program at the center for international forestry research (CIFOR), Marcus Ihailinen, mentioned that address on gender biasness in climate policy and programming was superficially addressed. This is even after the alliance of gender equality and sustainable climate action. Ihalainen added that the view on factors of climate finance is more desolate. He said that a study coordinated by the U.N development programmer showed that 0.01 percent of international funds went to projects that supported human rights and climate change towards the realization of a carbon-free global economy.

Ihaiinen chaired an event that united experts whose objective was to share their views on how socially transformative climate finance should look. The chair claimed that the introduction of minimum-level procedural safeguards was leading to gender equality.

Investing in women
Monica Scatasta, HEAD OF EIB Environment, Climate and Social Office, assured that the European Investment Bank was trying hard to achieve its goals on gender equality and climate action. In 2016, she came up with a plan on gender equality and women’s economic empowerment. She also pinpointed how climate changes affect women adding the effects of disasters that affect women like sexual harassment. .Till 2030 Monica claimed that EIB had a mandate to invest over $1.2 trillion to ensure that there is environmental sustainability. She added that investing in women’s economic empowerment was a crucial factor in gender-responsive climate action.

Further Reading: https://forestsnews.cifor.org/63432/how-climate-finance-and-technology-could-better-integrate-women

Speaking up
Houria Djoudi, a senior scientist at CIFOR, attested that if structural issues are not addressed, investing in women can’t be enough to attain transformational change. Ihalainen said that the implementation of gender equality is still not consistent. According to Amy Duchelle, financial investments on the gender-responsive climate can help promote social equity. Environmental and sustainable transformation must be attained to ensure that the outcomes of climate action are sustainable and equitable.

Dil Bole Oberoi