Within the framework of Gender Day at COP29 held in Baku, experts highlighted the importance of the role of women in the fight against climate change and called for increasing financing for projects with a gender perspective.
“Report” reports that members of the Nizami Ganjavi International Center stated this at a press conference.
Participants noted that women are not only more affected by climate crises, but also play a key role in strengthening the resilience of local communities.
Within the framework of the COP29 conference, a Gender Day dedicated to the impact of climate change on women was held.
“The gender aspects of climate change require special attention. Four-fifths of the victims of climate disasters are women, and they are 14 times more vulnerable to the consequences of disasters. However, only 0.2% of charitable funds are intended to support women in this area,” highlighted the co-president of the Nizami Ganjavi International Center, Ismail Serageldin.
She added that the conference demonstrated a high level of cooperation with the UN and its agencies, including the United Nations Development Program (UNDP) and the United Nations Framework for Gender Equality and the Empowerment of Women (UN Women): “Today, in order to solve this problem, we discussed the need to extend the program for the next 10 years.”
María Fernanda Espinosa, former president of the UN General Assembly, also drew attention to the importance of funding to support women.
“Last year, only 30% of national delegations at COP28 were women, and gender parity could only be seen in 2% of delegations. Today we look forward to the adoption of a new financial target that will take into account the interests of women,” Espinosa said.
Jean Beiderschneider, board member of the Nizami Ganjavi Center, noted that even the most ambitious climate initiatives cannot be implemented without financing: “The private sector, with assets of $200 trillion, must play a key role in expanding climate finance “The COP29 conference is an important opportunity to involve business circles in solving climate change problems.”