The Framework for Enhancing Gender and Poverty Integration in Climate Finance has been prepared at a time when countries and national leaders are planning and implementing approaches to tackling the social and economic consequences of the COVID-19 crisis. Countries are becoming increasingly aware of the devastating social impact and inequalities that have been exacerbated by the health and economic crises resulting from the COVID-19 pandemic. A central topic for economic recovery agenda has been the mobilization of resources and creating fiscal and monetary policies that scale up social protection, support employment, reduce poverty, and adequately address the needs of the most vulnerable groups.
The framework proposes the approach to integrate gender equality and poverty reduction in climate finance. The framework provides four pillars of strategic work to be applied across public, innovative and multilateral funding sources of climate finance. The pillars are (i) governance, (ii) resource planning, allocation, (iii) accountability and (iv) capacity building.