brief INSIGHT
The Women in Finance Climate Action Group has published The Action Framework providing guidelines for private investors aiming to support women in the net zero transition and mitigation of negative climate change-related impacts on women.
The Women in Finance Climate Action Group was joined by representatives of public sector, business leaders, as well as civil society including WWF UK and the Bank of England and was developed in close collaboration with with the Oliver Wyman Forum and 2X Global.
Rupal Kantaria, Partner, Oliver Wyman Forum, commented: “This first-of-its-kind Action Framework for investors embeds gender considerations into climate investment decisions. Both are critical for financing a faster and more just climate transition.”
Amanda Blanc, Aviva’s Group CEO, added that “Private capital is key to mobilising the trillions of dollars required over the next three decades to limit warming to 1.5 degrees. And yet the global private finance sector does not currently have the tools or incentives in place to evaluate and improve the impact of climate finance on gender equality. We need more data to measure the impact of specific climate investments or project financing on women and girls. We hope this Framework will give financial institutions what they need to begin to measure and deliver greater gender equality when taking action on net zero.”
Please download the full report here
