Guillermo Sigala

CEO, SIGALA INC
  • SIGALA INC
  • United States of America

Stakeholder Group

Academia Business Media Other

Recent Comments

Mar 10, 2023

I completely agree that scaling up climate finance is critical to addressing the climate crisis. The voluntary carbon market represents a promising opportunity to mobilize private capital towards achieving this goal. However, as you have rightly pointed out, concerns about the quality of carbon credits remain a significant obstacle to growth in this market. Establishing a threshold quality standard, as the Integrity Council for the Voluntary Carbon Market is doing, is an important step towards building confidence in the integrity of carbon credits and attracting more buyers.

Building coalitions between public and private actors is another key strategy for scaling up voluntary carbon market transactions. The LEAF Coalition and the Energy Transition Accelerator are excellent examples of how such partnerships can mobilize capital towards high-impact climate solutions in developing countries.

Overall, I believe that public and private actors must work together to mobilize the hundreds of billions of dollars in climate finance that are needed annually over the next decade. By ensuring quality, building coalitions, and tapping into every available source of capital, we can make significant progress towards achieving a sustainable and equitable future for all.

Mar 10, 2023

I completely agree with you that the themes of International Women's Day and Earth Day are closely intertwined, as gender equality and climate change are interconnected issues. Climate change has a disproportionate impact on women and girls, especially in developing countries, who are more likely to be affected by droughts, floods, and other natural disasters. These events often lead to displacement, food insecurity, and other consequences that disproportionately affect women.

Moreover, women are often responsible for gathering water, fuel, and other natural resources that are becoming increasingly scarce due to climate change. This burden exacerbates gender inequalities, as women have less time for education, income-generating activities, and other pursuits that would enable them to thrive. This reinforces the cycle of poverty and marginalization that affects many women and girls worldwide.

Unfortunately, women's participation in climate action is often hindered by their underrepresentation in STEM industries, which are key players in the development of sustainable technologies and policies. Addressing this issue requires addressing gender stereotypes and biases that discourage women from pursuing STEM careers, as well as creating more inclusive and supportive environments in these fields.

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