Empowering Change: The Crucial Intersection Between Gender and Climate

Dec 4, 2023 | Laura Piovesan
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In the face of two of today's most pressing challenges—climate change and escalating social inequalities— it is clear that we need to radically rethink our approach to finance. Not only do we need to drastically increase funding for climate change, but we also need to ensure that this funding is both socially and gender inclusive.

For far too long, women, particularly in developing countries, have suffered disproportionately from the impacts of climate change. Often tasked with managing natural resources and securing food and water for their families, women play a pivotal role in building community resilience. Strengthening their capacity to adapt to climate change is not only a matter of justice but also a strategic investment in the overall resilience of communities.

The business case is clear: women’s leadership across politics, finance and business is critical for climate action. The European Investment Bank's research reveals that over half of European firms are investing in climate action and that women-led firms achieve great environmental, social and governance scores. Women’s skills and talents are also needed as part of the workforce that will fill 24 million new green jobs by 2030.