INSIGHTS FROM PICO ANALYTICS

Sustainable Finance News and Insights to help you navigate the current financial climate.

Kate Martin Kate Martin

The New Face of Poverty: How Climate Change is Impacting the Poor and How Sustainability is the Only Way Ahead

Global poverty is on the rise. With the toxic mixture of the Covid-19 pandemic, the war in Ukraine, the ensuing economic instability, and the mushrooming cost of living crises, for people and communities around the world it is difficult to imagine how life could be any harder or how it could improve. The World Bank estimates that in 2020 the number of people living in extreme poverty rose by 70 million to more than 700 million. The bumpy road to post-pandemic recovery has brought little improvement as the present overall number is only expected to have dropped to around 685 million people. If this global turbulence were to continue then we can expect to still see 574 million people living in extreme poverty i.e. living on less than $2.15 a day, in 2030 (The World Bank, 2022)…

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Kate Martin Kate Martin

Women in Climate Policy; The Trailblazing Women of Africa

Women have been the strength and stay of many African Nations throughout history as warriors, mothers, matriarchs, freedom fighters and now politicians, NGO workers and climate activists. The disenfranchised, poor, and repressed image of African women and girls often portrayed in global media could not be further from the truth for many amazing women who are taking their place in what was and to some extent remains a patriarchal society in almost every nation across the continent. The strength of these women to defy traditional gender roles and seek a career and voice outside of the home evidences at least in part the importance of their role in politics and in particular their steering of the climate policies to come. In a region which is already experiencing the grave impacts of climate change in the form of drought, desertification, forced migration, etc. the inevitable loss of life, livelihoods and futures are often felt most deeply by women due to the systemic gender inequalities which are so deeply rooted in African society. This does not mean however that these women are either powerless or vulnerable as many have weathered far greater storms and when given the opportunity will exhibit far greater resilience to disasters and crises than their male counterparts. 

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