Financial services
Examples of gender-smart climate finance indicators for the sustainable financial services sector include:
Direct criteria
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On-lending facilities: women-owned or women-founded on-lending facilities providing loans for climate mitigation and/or adaptation
Funds: women-owned or women-founded funds investing in companies providing climate mitigation and/or adaptation solutions
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On-lending facilities: share of women in senior management or share of women on the Board of the on-lending facility, where the facility provides loans for climate mitigation and/or adaptation
Funds*: share of women in the fund’s senior management or share of women on the fund’s Board, where the fund invests in companies providing mitigation and/or adaptation solutions
* For funds this also covers the share of women in the Investment Committee
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On-lending facility: share of women in the workforce of the on-lending facility, where the facility provides loans for climate mitigation and/or adaptation
Fund: share of women in the workforce of the fund, where the fund invests in companies with climate mitigation and/or adaptation impact
AND
Reskilling/upskilling programs for women to develop skills in green finance
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On-lending facilities: share of women customers accessing loans for climate mitigation and/or adaptation
Funds: percent of portfolio companies that target female customers and/or women’s needs, preferences or behaviours, as well as create positive climate mitigation and/or adaptation impact
Indirect criteria
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On-lending facilities: percent of the DFI loan proceeds going to companies that meet both the climate finance and 2X direct criteria
Funds: percent of portfolio companies that meet both the climate finance and 2X direct criteria