Women’s World Banking, the non-profit organisation dedicated to female financial inclusion, will be doubling down on climate action throughout 2024.
The organisation said it will release research and content examining the intersection between climate change, financial inclusion, and women.
Mary Ellen Iskenderian, president and CEO at Women’s World Banking, said the scientific community has developed a strong body of evidence quantifying the disproportionate effects of climate change on historically marginalised groups – including women.
“But there is still a dearth of evidence on how climate change will impact individual-level finances and financial health among low-income women, households, and small businesses,” she said.
The organisation is eager to identify evidence of climate realities specific to low-income women.
“In addition to our extensive research agenda, we will launch a number of climate adaptation and mitigation projects, ranging from interventions with some of WAM’s portfolio companies to a number of insurance-related initiatives that can help women and their households navigate climate upheaval,” said Iskenderian.
The organisation also noted its intention to increase the number of women benefiting from its financial products and services to 52 million, from the current 32.2 million.
Women’s World Banking provides women with the means to gain financial inclusion through access to finance and technology.
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