Members of Nizami Ganjavi Center call for increased funding for gender-oriented projects

At COP29 in Baku, during Gender Day, experts emphasized the important role of women in combating climate change and called for increased funding for gender-oriented projects.

According to Report, members of the Nizami Ganjavi International Center stated at a press conference that women not only suffer more frequently from climate crises but also play a key role in strengthening the resilience of local communities.

Gender Day was held as part of the COP29 conference, focusing on the impact of climate change on women.

"Gender aspects of climate change require special attention. Women make up four out of five victims of climate disasters and are 14 times more vulnerable to their consequences. However, only 0.2% of charitable funds are directed to supporting women in this area," emphasized Ismail Serageldin, co-chair of the Nizami Ganjavi International Center.

He added that the conference demonstrated a high level of cooperation with the UN and its agencies, including UNDP and UN Women: "Today we discussed the need to extend the program for the next 10 years to address this issue."

Former UN General Assembly President María Fernanda Espinosa also drew attention to the importance of funding directed at supporting women.

"Last year at COP28, only 30% of national delegations included women, and only 2% of delegations achieved gender parity. Today we expect the adoption of a new financial goal that will take into account women's interests," said Espinosa.

Jean Baderschneider, board member of the Nizami Ganjavi Center, noted that without funding, even the most ambitious climate initiatives cannot be implemented:

"The private sector, with assets of $200 trillion, should play a key role in the scale of climate financing. COP29 has created an important platform for engaging business in solving climate problems."