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WOMEN across the country were encouraged to take advantage on climate change-related investments opportunities to make positive contributions to their communities.
Yesterday, Dr Ashatu Kijaji, Minister of Investment, Industry and Trade, made the remarks at the ‘Ring the Bell for Gender Equality’ campaign for International Women’s Day in Dar es Salaam.
Dr Kijaji believes women should consider areas where they could contribute to the greater good in the environment. He also notes that climate change offers opportunities that are gender-neutral.
“There are opportunities to make climate solutions investments, such forming companies that create new and innovative technologies for alternative energy sources or investing into sustainable and resilient agriculture and water infrastructure,” she said.
She continued by saying that Tanzania’s proximity to 50/50 means it is crucial to assess the economic and environmental effects. “To ensure the safety of the globe, Africa and Tanzania, we need to work together on serious environmental concerns.”
According to Frank Ajilore, a resident representative from the International Financial Corporation, climate change is one the greatest global challenges. It affects all generations, regardless of their age, gender, class or income. It will drive 123,000 million people into poverty if it is not dealt with.
According to him, climate change is an economic opportunity that can increase GDP, create jobs and accelerate the shift towards local development.
“Our study at World Bank Group suggests climate change has the potential for 23 trillion dollars worth of investment possibilities and 213,000,000,000 employments in climate smart agriculture, renewable energies, and other areas,” Mr Ajilore stated.
Mr Moremi Marwa, chief executive officer of Dar es Salaam Stock Exchange(DSE), stated that gender equality in the context climate crisis reduction is one the world’s current challenges.
“Climate Change and Sustainability will have long-term effects on the environment, economy and social development.”
“Women are increasingly being recognised as vulnerable to climate changes since they make up most of the population and rely heavily on natural resources that are affected by climate,” Mr Marwa stated.
Marwa stated women are not just victims. They are also agencies with valuable perspectives. Their presence at the table is crucial, so their voices should not be silenced.
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“Because climate changes are jeopardizing enjoyment of human right,” he stated. “We are highlighting how important it is to ensure that everyone is involved with identifying mitigation measures.”
UN Women’s theme for IWD 2022 will be “Gender equality now for a sustainable future.” This theme recognizes the leadership of women around the globe in climate change adaptation, mitigation, and response to create a more sustainable future.
Ring the Bell, a global initiative that encourages stock exchanges to ring their closing bells in honor of International Women’s Day (IWD) and promotes the Women’s Empowerment Principles, is called Ring the Bell.
The UN Global Compact, IFC and Sustainable Stock Exchanges, UN Women and the World Federation of Exchanges joined forces to create awareness about the business case for women’s economic empowerment and the opportunities that the private sector has to promote gender equality and sustainable development.
