Gender and Climate Financing Baseline Study - Overview of key denominators, policy and programming options
UN Women considers climate action as an important potential accelerator of gender equality and empowerment and in turn believes that more systematic involvement of women in both planning and implementation of climate action can significantly contribute to the achieving of ambitious targets. In addition, there is mounting evidence that gender equality is i) an accelerator of both environmental sustainability and climate action and ii) the focus on climate actions offers new opportunities to enhance gender equality and economic empowerment. It is therefore important to have good understanding of priority areas for achieving climate and gender synergies. One of the important ways of identifying these areas is to simultaneously track financial flows targeting gender and climate. In practical terms this can be achieved through combination of tracking and targeting methodologies on both sides of the equation, namely Gender-Responsive Budgeting (GRB) and Climate Finance Tracking.