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By 2050, local weather change results are anticipated to trigger the inner displacement of 216 million individuals (IOM, 2023); sea degree rise of a number of ft and related flooding in New York Metropolis and different world coastal cities (Oppenheimer et al., 2019; NY DEC, n.d.); and water stress for greater than 70% of the world’s inhabitants (FAO, 2021), amongst different social, financial and environmental impacts. In different phrases, local weather change results will financially influence practically everybody within the coming a long time.
Monetary companies suppliers (FSPs), policymakers, the donor neighborhood and assume tanks are more and more excited about how ladies’s monetary inclusion can enhance particular person or household-level resilience to the impacts of local weather change. Whereas the scientific neighborhood has developed a powerful physique of proof quantifying the impacts of local weather change on the setting, and the disproportionate results on traditionally marginalized teams, together with ladies, there’s nonetheless a big hole within the proof base on how local weather change will influence individual-level funds and monetary well being amongst low-income ladies, households and small companies (Miller, Krishnan & Ruiz, 2023; Notta & Zetterli, 2023; UNSGSA, 2023).
As a corporation particularly centered on pursuing ladies’s financial safety and prosperity, Girls’s World Banking is keen to assist shut this hole and determine proof of local weather realities particular to low-income ladies. Our goal is to, help ladies as they adapt their monetary lives within the face of those of those climate-related impacts and advocate for a gender lens in monetary companies design and supply—in addition to in conversations, investments, grants and policy-related to local weather change and its financial impacts.
This analysis agenda articulates 4 alternatives to shut the proof hole on the impacts of local weather change to ladies’s monetary inclusion, and highlights key actors, matters and monetary merchandise and channels that may allow larger monetary resilience amidst local weather impacts on ladies.