Channel: World Bank

Category: Nonprofits & Activism

Tags: indigenous peoplebiodiversitysustainable solutionsgender equalitynature based solutionsworld bankeconomic growthintersectionalitywomen leadershipforestsinternational developmentsustainable developmentenvironmentsustainable forest managementdeveloping countriestechnical assistancefinancingindigenous womenpolicy adviceprosperitypovertydevelopment challengesclimate financeclimate change

Description: Forests are essential as a natural solution to climate change. They are also a source of livelihoods for indigenous peoples and local communities who safeguard around 80% of the world’s biodiversity. To boost both forest protection and communities, a unique form of climate finance, the Dedicated Grant Mechanism (DGM), is empowering indigenous peoples and local communities to participate in and benefit from efforts to reduce emissions from deforestation and forest degradation and to lead sustainable forest-use practices. The Dedicated Grant Mechanism aims to tap into the potential and critical role of women by fostering women’s climate leadership and effective participation at local, national, and global levels. DGM programs used innovative approaches that supported women's representation in decision-making, increased equitable access to subproject funding, and strengthened economic empowerment and skills. Most of the interviewed DGM women beneficiaries expressed improved self-confidence, shifting of their mindsets, and ability to effectively participate and influence decision-making processes. Learn more: openknowledge.worldbank.org/handle/10986/37127?cid=ECR_YT_Worldbank_EN_EXT ABOUT THE WORLD BANK GROUP 🌐 The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. worldbank.org