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Access to finance ‘strengthens climate resilience’ among sub-Saharan women
United Kingdom🏛️ PoliticsCenter5 hr. ago

Access to finance ‘strengthens climate resilience’ among sub-Saharan women

A new study published in Climate Risk Management suggests that greater access to finance for women in sub-Saharan Africa can enhance household resilience to climate shocks. The research analyzed 25,511 women-headed households across 37 countries and found that women with formal financial access, such as bank accounts, were better able to withstand short-term economic disruptions caused by extreme weather events. However, the study emphasizes that long-term climate vulnerability requires combining financial inclusion with broader efforts to reduce gender inequality. Data from the World Bank Group indicates that while 52% of women in the region now have bank accounts, the gender gap in financial access has widened since 2011. The study uses the OECD's framework to assess financial inclusion and aligns with the UN's Sustainable Development Goals, particularly those focused on gender equality and climate action.

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Carbon Brief logoCarbon BriefIndependentCenter5 hr. ago
Access to finance ‘strengthens climate resilience’ among sub-Saharan women

A new study published in Climate Risk Management suggests that greater access to finance for women in sub-Saharan Africa can enhance household resilience to climate shocks. The research analyzed 25,511 women-headed households across 37 countries and found that women with formal financial access, such as bank accounts, were better able to withstand short-term economic disruptions caused by extreme weather events. However, the study emphasizes that long-term climate vulnerability requires combining financial inclusion with broader efforts to reduce gender inequality. Data from the World Bank Group indicates that while 52% of women in the region now have bank accounts, the gender gap in financial access has widened since 2011. The study uses the OECD's framework to assess financial inclusion and aligns with the UN's Sustainable Development Goals, particularly those focused on gender equality and climate action.

Bias read (Center): The article presents a balanced discussion of the relationship between financial inclusion and climate resilience, focusing on empirical findings rather than taking a clear ideological stance. While it highlights gender disparities and the importance of addressing them alongside financial access, it

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