Gender equality targeting in adaptation finance - 2021 snapshot - Laetitia Pettinotti, Yue Cao and Tony Kamninga

Gender-responsive finance under the UNFCCC ‘ensures the respect, promotion and consideration of gender equality and the empowerment of women’ as defined by the Enhanced Lima Work Programme and its Gender Action Plan.5 There are two potential entry points in the UNFCCC finance discussions in the short term to pursue greater financial support for gender equality. [...] Figure 2 Share of developed countries’ bilateral finance that went to adaptation and gender equality, 2021 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Adaptation finance not screened using the OECD gender markers Adaptation finance that does not target gender equality Adaptation finance that significantly targets gender equality Adaptation finance that principally targets gender equality Source: A. [...] In 2021, the Asian Development Bank (ADB) and the Adaptation Fund (AF) screened all their adaptation finance using the gender 13 ODI brief OECD tags; the European Bank for Reconstruction and Development (EBRD), Inter-American Development Bank (IADB) and the Green Climate Fund (GCF) screened some but not all of their adaptation finance; and the African Development Bank (AfDB), the Asian Infrastruct. [...] Figure 3 Finance for adaptation tagged with the OECD gender markers from the MDBs and MCFs reporting to the OECD, 2021 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Multilateral development bank Multilateral climate funds Adaptation finance not screened using the OECD gender markers Adaptation finance that does not target gender equality Adaptation finance that targets gender equality Source: Author. [...] 20 Bilateral adaptation finance that principally targets gender equality as per OECD gender markers ($ million) Bilateral adaptation finance that significantly targets gender equality as per OECD gender markers ($ million) Bilateral adaptation finance that does not target gender equality as per OECD gender markers ($ million) Bilateral adaptation finance not screened using the OECD gender markers.