June 18, 2019
Parties to the UNFCCC adopted a Gender Action Plan and included gender equality in the overarching text of the Paris Agreement. By doing so, governments recognized women as important agents of change in the fight against global warming. The Sustainable Development Goals (SDGs) recognize that gender equality and women’s empowerment are critical to achieving all 16 other goals.
What gets measured gets valued: 6 types of impacts on women
The W+ StandardTM is a unique certification label that measures and quantifies development and climate projects’ impacts on women’s empowerment in six areas: Time, Income & Assets, Leadership, Education & Knowledge, Health, and Food Security. The measurement of progress on women’s empowerment is verified by an external auditor, and results in W+ units - a quantifiable and realized improvement in a woman’s life.
W+ units are registered on the IHS Markit global registry, providing complete transparency, and can be sold by project developers to investors, companies, and individuals who want to support women’s empowerment and report on their results towards meeting Sustainable Development Goal #5.
Streamlined process to reduce carbon emissions while benefitting women
It is now possible for climate projects that produce positive outcomes for women’s empowerment to apply the W+ StandardTM and generate W+ units or W+ labeled carbon units to show their contributions to multiple SDGs simultaneously. Carbon units with co-benefits are likely to obtain premium prices and be more attractive to buyers.
The W+ StandardTM is partnering with VERRA to offer project developers and unit purchasers the opportunity to achieve both emissions reductions and women’s empowerment in a
Purchasing W+ units helps women
W+ triple wins: Women, Project Developers and W+ unit buyers
To know more about the W+ StandardTM, visit their website www.wplus.org or contact the W+ Coordinator: email@example.com.
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