FinEquity Webinar

#FinEquity2023 Annual Meeting

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Over the past four years, FinEquity has grown to a global community of over 6,000 researchers, practitioners, policymakers, and donors globally prioritizing women's financial inclusion. This signals the strong momentum for reaching a world where women have the capabilities to access, negotiate, and control financial services that improve their lives. However, the growing stress of climate change may potentially distract the development community from its focus on gender equality. FinEquity’s 2023 Annual Meeting will bring together the community to talk about why and how a relentless focus on women is needed in times of increasing climatic stress—women are the first victims of climate change, and they have a crucial part to play in a fairer climate transition.   

Get involved - Member Shares 

Be a part of the annual meeting by sharing your recent work -  research findings, case studies, shifts in strategy, tools and resources aligned with our annual meeting theme and highlighting how financial service providers are serving women’s climate-specific savings, credit, risk mitigation and non-financial needs, helping to increase household resilience and income. 
Apply here by Dec. 9, 2022. 

Women have unequal access to land ownership, high dependency on natural resources, limited mobility and overrepresentation in the informal economy, which make them particularly vulnerable to climate change (UNDP, 2016) (OIT, 2019). Climate change also tends to raise the burden of domestic work and the frequency of school dropouts, aggravate risks of gender-based violence and early forced child marriage, and increase mortality rates (UN Women, 2022) (Green Climate Fund, 2022) (Castañeda Camey, Sabater, Owren, & Boyer, 2020). While the poorest and women suffer disproportionately, they have the smallest margins and least access to resilience strategies that can help them avoid, absorb, and adapt to climate shocks. Access to a range of generic financial services such as savings and remittances can help smooth consumption during periods of drought or help speed recovery after a climate shock, thereby increasing resilience to climate change. However, other types of products can have a greater impact if they are specifically designed for climatic risks. For example, access to credit can support livelihood adaptation through the adoption of climate-resilient agricultural practices while PAYGo services make it possible to engage directly in the climate transition by investing in greener assets or cleaner energy. However, designing products to mitigate climate risk and build resilience is inherently complex, data is limited, and costs may be high (Sirtaine, 2022).  

FinEquity’s 2023 Annual Meeting will provide an opportunity to explore the nexus that links financial inclusion, women’s empowerment, and climate change, with the purpose of understanding how financial services can help women adapt their livelihoods to erratic rainfall patterns and rising temperatures to mitigate climate risks. FinEquity members will share experiences highlighting how financial service providers are serving women’s climate-specific savings, credit, risk mitigation and non-financial needs, helping to increase household resilience and income. The sessions will also address the barriers that may impede women's adoption and use of climate-smart financial services. Space will be given to discuss the constraints that financial service providers, market actors, financial regulators and policymakers face or anticipate facing when serving the women’s market. The 2023 Annual Meeting will bring together stakeholders to build a common understanding of the challenges, share experiences and lessons on using financial inclusion to advance gender equality and the climate transition, and identify ways in which FinEquity can continue to best support its community. We also hope this serves as the beginning of a conversation with the community about how we can advance our collective efforts. 

If you were unable to join us last year for the #FinEquity2021 Annual Meeting, you can explore presentations and materials here.

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