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Addressing climate crisis requires gender-sensitive funding – official

GenevaTimes by GenevaTimes
November 21, 2024
in Europe
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Addressing climate crisis requires gender-sensitive funding – official

BAKU, Azerbaijan, November 21. Gender-sensitive
financing is essential for effectively overcoming the climate
crisis, as it supports more equitable and sustainable adaptation
and mitigation strategies, said María Fernanda Espinosa, President
of the 73rd Session of the UN General Assembly and a member of the
Board of the Nizami Ganjavi International Center, Trend reports.

Speaking at a press conference organized by the Nizami Ganjavi
International Center, Espinosa stressed the urgency of addressing
the climate crisis with inclusive and gender-responsive
solutions.

“We are on the verge of concluding the COP29 conference, and we
hope for the adoption of ambitious decisions that will enable all
countries to respond to the climate crisis with the necessary
urgency,” she said.

Espinosa pointed out the importance of increasing women’s
participation in climate negotiations and funding. At COP28, only
30 percent of national delegations included women, and just 2
percent achieved gender equality in their representation. This is
unacceptable, especially considering that women and girls are 14
times more likely to die in climate-related disasters, she
emphasized.




She also underscored the need to take the bull by the horns when
it comes to making decisions that weave gender considerations into
the fabric of climate financing, especially regarding the Loss and
Damage Fund and the fresh climate financial mechanism.

“The climate crisis is interconnected with many aspects of
sustainable development, including health, water resources, trade,
and supply chains. Addressing climate issues will lead to progress
in poverty reduction, reducing inequality, and achieving the
Sustainable Development Goals,” she added.

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