Climate finance flows to underserved and marginalized communities are one proxy for measuring the accessibility of international financial commitments. Certain groups, such as Indigenous Peoples and local communities, are especially vulnerable to climate impacts because their physical risks are compounded by marginalization and inequity due to ethnicity, gender, income status, etc., or a combination of these. Climate finance flows to underserved and marginalized communities are crucial to protect livelihoods and support communities’ ability to adapt and build resilience to future climate impacts. The IPCC found that considerable gains in well-being can be reached by prioritizing finance dedicated to reducing marginalized communities’ climate risks. Climate finance needs to be more inclusive of underserved and marginalized groups, especially given the fact that those who contribute the least to climate change experience the burden of its impacts most.
Climate finance flows to underserved and marginalized communities are one proxy for measuring the accessibility of international financial commitments. Certain groups, such as Indigenous Peoples and local communities, are especially vulnerable to climate impacts because their physical risks are compounded by marginalization and inequity due to ethnicity, gender, income status, etc., or a combination of these. Climate finance flows to underserved and marginalized communities are crucial to protect livelihoods and support communities’ ability to adapt and build resilience to future climate impacts. The IPCC found that considerable gains in well-being can be reached by prioritizing finance dedicated to reducing marginalized communities’ climate risks. Climate finance needs to be more inclusive of underserved and marginalized groups, especially given the fact that those who contribute the least to climate change experience the burden of its impacts most.