The United Nations Framework Convention on Climate Change (UNFCCC) is negotiating a new climate finance goal, the New Collective Quantified Goal (NCQG), to set future climate finance scales and ambitions. This is vital as the previous goal set in 2009 will expire in 2024. Integrating gender equality into climate finance is crucial since women and girls are more vulnerable to climate change due to gender norms and inequalities. However, tracking climate finance for gender equality is complex due to fragmented reporting systems across the OECD and UNFCCC, inconsistent use of OECD Rio and gender markers, and differences in bilateral and multilateral finance tracking. Current markers assess policy intentions but not outcomes, complicating transparency and effectiveness assessment. Enhanced coordination and joint reporting systems among MDBs, MCFs, and bilateral entities, aligned with OECD markers, are needed to improve tracking and support the dual goals of climate action and gender equality.