to slow global warming, a new report finds that there is not only a problem with meeting goals set by the Paris Agreement, but that there is also major gap — between $194 billion and $366 billion per year — in the finances required to hit important climate targets. On top of that, women remain on the losing end of this chasm as some of the most vulnerable people in the world when it comes to climate change.
And, as some of the most susceptible people in the world when it comes to climate change — particularly in developing countries — women are suffering disproportionately from this funding gap. Usually responsible for the home, which means obtaining water, managing domestic finances, and providing food, women are more and more tasked with the impossible as food and water become scarcer or salinized from erosion.
The 2023 findings show that 71 percent of 197 countries assessed showed signs of considering gender in their climate adaptation plans. They also consider the need for “alternative models of finance disbursement” to make sure that money “reaches affected communities with urgency and purpose, with its utilization being locally driven, people-centered and gender-responsive.”
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