Climate Gender Equity Fund (CGEF)
Women and girls are powerful change agents in designing and leading climate solutions for their communities – women are innovators, leaders, entrepreneurs, workers, and customers in climate related fields. Yet, in the broader climate finance ecosystem, gender equity is often poorly integrated or not incorporated at all. While climate finance flows amounted to more than $600 billion in 2021, only 2% integrated a gender lens -- revealing the vast opportunity for change and growth.
Launched by the U.S. Agency for International Development (USAID) with support from Amazon, CGEF aims to reach a goal of $60 million in capital from corporations, foundations, bi/multilaterals, and other funders. CGEF is one of the first major activities under USAID’s Climate Finance for Development Accelerator (CFDA). CFDA competitively selected 2X Global to be the CGEF Grants Management Partner for CGEF in August 2023.
CGEF will increase access to climate finance for gender-responsive, women-led, and women-benefiting organizations that address climate change. CGEF seeks to harness the power of collective action to bridge the gender-climate finance gap and is thrilled to have Amazon, Reckitt, Visa Foundation, and The UPS Foundation as Founding Members. Join us in building a movement to catalyze gender equity in climate finance!
CGEF funding opportunities can be accessed here.
CGEF is an activity under USAID’s Climate Finance for Development Accelerator (CFDA), a $250 million initiative designed to mobilize $2.5 billion in public and private climate actions and investments by 2030. To receive updates and partnership opportunities regarding CGEF, please join the Climate Finance Investment Network (CFIN) or reach out to CFDA at info@CFDAccelerator.com
Join the Climate Finance Investment Network
The Climate Finance Investment Network brings together a diverse set of finance seekers, finance providers, and other ecosystem actors from a variety of sectors and markets to cultivate partnerships, learning, and increased investment in climate solutions.Apply Here
The Multiplier Effect: How Investing in Women-Led Climate Solutions Drives Sustainable Impact
USAID and global online retailer Amazon discuss how and why they have joined forces to address the massive gap in gender-equitable climate finance through the newly launched Climate Gender Equity Fund. Read the full Q&A here.View Content