Climate change and gender inequality are among the world’s most pressing and complex development challenges. Women are catalysts for innovative solutions to tackle climate change. However, their underrepresentation in decision-making processes and labour markets means that women are prevented from fully contributing to climate-related planning, policy-making and implementation. Recently, WUSC joined partners in celebrating the development of a new roadmap for climate finance and marked the culmination of a unique project at the intersection of climate finance and gender implemented by a consortium of partners including ANDE and AKFC and generously funded by Global Affairs Canada. The purpose of the Roadmap is to present recommendations to donors on how to facilitate women climate entrepreneurs’ access to appropriate climate finance, contributing to greater equality and inclusion in sub-Saharan Africa while advancing innovative and transformative women-led climate solutions.
"Endeavor Insight partnered with HSBC to examine the challenges that climate tech founders face as they scale their companies, and the opportunities for investors and supporters to help them succeed. This study demonstrates how global connectivity can further drive innovation and highlights what decision makers can do to better support female-led and minority-led companies."
"The Climate Capital Network’s (CCN) first annual India Climate Finance Report explores the direction of climate finance in India, uncovers funding opportunities and gaps, and showcases organisations that are using innovative approaches. This report consolidates survey findings, interviews, and articles from leading climate finance organisations allocating in India. The universe of funders in India has grown significantly to encompass everyone from the Climate Committed (core mandate and/ or deploying in these sectors for a number of years) to the Climate Crossover (newly part of the mandate and starting to actively deploy/ refine thesis) to the Climate Curious (will opportunistically deploy, but no specific mandate at this point). We reached out to funders who are actively and strategically looking at climate right now. The focus of this report is on the data as a way to provide context and background, but equally importantly on the insights and areas of emergence."
"In this document, the Platform on Sustainable Finance proposes a structure for a social taxonomy within the present EU legislative environment on sustainable finance and sustainable governance. This environment currently consists of:
(i) the existing legislation and proposed initiatives on the EU taxonomy; (ii) the proposed corporate sustainability reporting directive (CSRD); (iii) the Sustainable Finance Disclosures Regulation; and (iv) the sustainable corporate-governance (SCG) initiative. Although all these pieces of legislation influence this report, the focus of this work was above all on the present structure of the environmental taxonomy, a point which was even more stressed when public feedback highlighted that market participants expected a common structure for social and environment"
"Emissions reporting is the first, and arguably one of the most important steps you can take to reduce your company’s footprint. This will help you identify where you need to take action to reduce your emissions. Once you know what the problem is and where the most intense
areas of emissions are, you can create a strategy to cut your greenhouse gas emissions and potentially save money for your business."
"A significant proportion of the world’s businesses are small and medium sized enterprises (SMEs). Globally, micro-enterprises (SMEs with fewer than ten employees) alone account for 70% to 90% of all firms. As such, SMEs play an important role in reducing global emissions and bringing innovative climate solutions to the market. It is crucial that they are equipped with the tools and resources needed to measure their emissions, set greenhouse gas reduction targets grounded in science, take bold actions, report on their progress and ultimately reduce their emissions. This framework provides guidelines for SMEs on doing exactly that. It is open for anyone to use and can be used directly by SMEs to guide their reporting of climate impacts and strategies to multiple stakeholders. It can also be used by SME support organizations (such as consultancies) and data collectors to guide SMEs in climate disclosure."
"India has been slow to get its act together on climate change and it was only in 2021, at the COP26 summit in Glasgow, that we agreed to pursue a goal of net zero emissions as a country. Private investment is crucial to meeting India’s climate goals and while progress was made this year, this is much more to be done. This report, The State of Climate Finance in India 2022, is our second annual stock-taking of India and its climate action priorities. We review the progress in climate action from an Indian perspective, and focus on what it means for the world of climate finance. We invite readers of this report to draw from the insights and the findings of this report to advance their climate action aims, and also invite you all to reach out to us to connect and engage in mainstream climate finance in India and the region."
"This study demonstrates how investors can begin comparing investments based on impact, not only highlighting impact performance across this sample of investments but also exploring investors’ contribution to that impact in terms of the progress so far in tackling climate change. Fundamentally, this research is intended to cultivate the suite of impact analytic tools to come, such as impact performance benchmarks, ratings, and indices. Its specific findings highlight the tremendous need for further research to enhance the industry’s insights into impact performance and its drivers, enabling evidence-based decision-making. Ultimately, through this research and related efforts, the GIIN seeks to enable investors to optimize for impact at each stage of the investment process, accelerating progress toward global goals."
"Women entrepreneurs are critical to a thriving and inclusive economy, and yet they face numerous challenges in growing their businesses. These challenges are compounded for women climate entrepreneurs (WCEs), given limited research that assesses the issues or presents actionable recommendations to the wider ecosystem. This knowledge product identifies challenges and opportunities for WCEs with a focus on Sub-Saharan Africa - specifcally, Ghana, Nigeria, Kenya, Uganda, Tanzania, South Africa and Malawi."
This paper investigates to what extent and how micro, small and medium-sized enterprises (SMEs) in developing countries are adapting to climate risks. We use a questionnaire survey to collect data from 325 SMEs in the semi-arid regions of Kenya and Senegal and analyze this information to estimate the quality of current adaptation measures, distinguishing between sustainable and unsustainable adaptation. We then study the link between these current adaptation practices and adaptation planning for future climate change. We find that financial barriers are a key reason why firms resort to unsustainable adaptation, while general business support, access to information technology and adaptation assistance encourages sustainable adaptation responses. Engaging in adaptation today also increases the likelihood that a firm is preparing for future climate change. The finding lends support to the strategy of many development agencies who use adaptation to current climate variability as a way of building resilience to future climate change. There is a clear role for public policy in facilitating good adaptation. The ability of firms to respond to climate risks depends in no small measure on factors such as business environment that can be shaped through policy intervention.