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Climate Investment Funds: Exploring the Gender Dimensions of Climate Finance Mechanisms
Year:
Summary:
"The evolving family of Climate Investment Funds (CIF) comprises international investment instruments designed to offer interim funding to support developing countries’ mitigation and adaptation efforts...
"An objective of the CIF is to bolster efforts for sustainable development and poverty reduction by scaling-up projects and increasing the speed of their implementation. The CIF also aims to show that strategic financing can have positive impacts on both climate and development. Thus, a key feature of the CIF is providing funding that allows developing nations to incorporate low-carbon programmes into their national development plans....
"All funds under the CIF have strong linkages to poor women’s and men’s livelihoods. However, the current commitment to invest 70 percent of pledged CIF funding in large-scale CTF energy and transportation programmes and projects — traditionally male-dominated working sectors of the formal economy — risks perpetuating existing gender imbalances in climate change funding."
This brief, produced by UNDP and the Global Gender and Climate Alliance (GGCA) as part of a series on "Exploring the Gender Dimensions of Climate Finance Mechanisms," explains how the CIF relates to poor women's and men's livelihoods; presents the status to date of gender and the CIF; and recommends actions for the CIF Trust Fund Committees and Subcommittees, multilateral development banks and civil society organizations to ensuring that the CIF responds to the needs of poor women and men equitably.
Download the CIF Gender brief.
See more information on UNDP and GGCA's series of briefs on gender and climate change finance.
For additional resources on gender and adaptation, see the ALM page on Gender Indicators, Impacts and Adaptation.
