Climate and Gender Equity Fund Our work managing the Climate Gender Equity Fund (CGEF) continued apace, with seven grantees announced over the course of 2024, bringing the total awarded thus far under CGEF to US$4.5 million across two funding rounds.
CGEF is a public-private partnership led by USAID in partnership with Amazon, Reckitt, Skoll Foundation, The UPS Foundation, and Visa Foundation that seeks to increase access to climate finance for gender-responsive, women-led, and women-benefiting organisations. 2X Global is the grants management partner for CGEF, responsible for grant-making and managing CGEF’s portfolio of grants.
Grantees announced this year spanned three continents, with awards in 2024 going to women-led and women-owned fund managers working in Africa, Asia and Latin America. The 2024 CGEF grantees are: ATG Samata, wCap, Altree Capital, AWE Funds, Deetken Impact, The Rallying Cry and Villgro Philippines.
Climate & Gender 2X Global contributed to the global climate finance policy discussions at COP 29 in Baku, being invited to submit an official input paper to the UNFCCC NCQG process, which outlined policy proposals and made the business case for integrating gender responsiveness into the New Collective Quantified Goal on Climate Finance (NCQG) decisions. |