By 2050, climate change effects are expected to cause the internal displacement of 216 million people (IOM, 2023); sea level rise of multiple feet and associated flooding in New York City and other global coastal cities (Oppenheimer et al., 2019; NY DEC, n.d.); and water stress for more than 70%
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Climate change has a disproportionate impact on low-income women. Here’s how financial institutions can change that.
By Nithya Sharma (Women’s World Banking); Carolanne Boughton, and Sasha Polikarpova (Baringa) The impact of climate change is reverberating around the world, with increasing frequency and severity of weather events, rising temperatures, and loss of biodiversity. While multilateral governance bodies including the United Nations emphasize that the world’s wealthiest countries,