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The World Bank’s Consultation Workshop on Monetizing the Climate, Health and Gender Co‐Benefits of…

The consultation workshop took place on 24 June which focused on understanding what the gender-specific impacts of clean cooking and heating are and how these can be monitored and measured. The discussion built on the work recently started by the Gold Standard (GS) on methodologies to monitor and verify gender co-benefits of ECCH. The purpose of this discussion was to share the thinking and approach under development by the GS and seek inputs, especially regarding what types of gender benefits would be feasible to monitor and measure ina RBFframework, and views on the approach to developing the methodology. Together with various stakeholders and partners, the World Bank is exploring options, including results-based financing (RBF) to monetize the public goods benefits of ECCH. If successful, this approach could attract public sector funding and leverage private sector financing and innovation, to achieve health, climate and gender impacts.

Jeannette provided an update on methods and applications of the W+ Standard to participants of this workshop organized by ESMAP (Energy Sector Management Assistance Program).

Agenda-Gender Methodologies Discussion

  • Concept of a proposed approach to monetizing the climate, health and gender co-benefits of efficient, clean cooking and heating (Presentation)-Wendy Hughes, Lead Energy Specialist, ESMAP, World Bank
  • Methodologies that quantify the co-benefits (Presentation)-Owen Hewlett, Chief Technical Officer, Gold Standard Foundation
  • Round table introductions and brief organizational updates on methodologies to quantify gender co-benefits
  • Discuss next steps and potential work program to take forward the agenda on gender co-benefits of efficient, clean cooking and heating