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Harnessing financial inclusion for climate resilience

GLOBAL 29 February 2024 Research and Analysis
Wendy Chamberlin and Graham A.N. Wright

The poor are most affected by climate change, as their livelihoods depend on fewer assets. Nonetheless, their vulnerability is not just about financial resources. Their vulnerability is also tied to a reliance on community and market-level resources, like suppliers, trading centers, and healthcare providers, and state and national resources, such as government agencies.

Given the complexity of these vulnerabilities, a deeper understanding of affected people’s needs, aspirations, perceptions, and behaviors is required. Climate solutions at all levels should address these vulnerabilities, with a focus on women's inclusion in design and implementation as well as address impacts to sectors like agriculture, enterprise, transportation, amongst other sectors.