GCF: New GCF manual puts gender at centre of climate response

 

 

The Green Climate Fund (GCF) will launch a guide on Tuesday strengthening the central role of gender consideration in its allocation of climate finance.

 

“Mainstreaming Gender in Green Climate Fund Projects” details how GCF partners need to mainstream the inclusion of women, girls, men and boys from socially excluded and vulnerable communities at all stages of the climate finance project cycle.

 

GCF is the first climate finance fund to mainstream gender perspectives from the outset of its operations as an essential element of its decisions on funding proposals. Its first manual on gender in climate finance was compiled in close collaboration with UN Women, a global body dedicated to gender equality and empowering women.

 

GCF Executive Director Howard Bamsey and Swedish Minister for International Development Cooperation and Climate Isabella Lövin (who is also the country's Deputy Prime Minister) will jointly launch the guide during the World Water Week, currently being held in Stockholm.

 

GCF’s Gender and Social Specialist, Rajib Ghosal, said the marginalization of women from economic and political power means they tend to bear the greater brunt of climate change effects.

 

“At the same time, in many countries, women are recognized as agents of positive change who make valuable contributions to climate change mitigation and adaptation efforts,” he added.

 

“Gender consideration should not be seen as an extra burden in the approval of climate finance projects. It is a key element in the success of climate finance initiatives, considering the crucial role women play in societies.”

 

Mr Ghosal said GCF-approved projects are forging new frontiers in female empowerment, such as an innovative initiative generating a low-carbon energy sector in Mongolia which ensures over half of the loan support will go towards women-led/owned enterprises.

 

 

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