Climate change is one of the biggest challenges the global community is currently facing and one of the greatest barriers to development. Climate change severely affects private and public sector businesses, livelihoods and has a negative impact on inclusive growth and sustainable development. Climate change and poverty go hand in hand, and the impacts of climate change are disproportionately burdening developing countries. Additionally, groups in vulnerable situations, including, in many contexts, women, are likely to be disproportionately affected by climate change. An effective response to climate change has the potential to avoid further inequity, but also needs to be aligned with goals concerning poverty eradication, sustainable development, just transition and gender equality.