Climate Gender Equity Fund: Bridging the Gap in Climate Finance

Climate Gender Equity Fund Overview

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 US$600Bn in 2021, only 1% integrated a gender lens — revealing vast opportunity for change and growth.

The Climate Gender Equity Fund (CGEF) aims to increase access to climate finance for gender-responsive, women-led, and women-benefiting organizations that address climate change. Launched by the U.S. Agency for International Development (USAID), with the support of Amazon, CGEF aims to reach a goal of US$60Mn in capital from corporations, foundations, bi/multilaterals, and other funders. CGEF seeks to harness the power of collective action to bridge the gender-climate finance gap and is thrilled to have Amazon, Visa Foundation, and Reckitt as Founding Members.

Who Can Apply?

CGEF aims to increase access to finance for investment vehicles, businesses, and community-based organizations developing and scaling women-led and women-benefiting climate solutions in global emerging markets where USAID operates. CGEF is targeting grant awards of US$100,000 to US$300,000 but will consider grants up to US$500,000 depending on the proposed level of impact. Multiple grants will be awarded for its first round of funding in each grant category below with an aggregate value of up to US$2Mn.

Application Process

All applications must be submitted through the online application portal hosted on Equilo. This will allow applicants to review, save, and submit applications. CGEF will only review applications submitted via the online application portal. Any proposal submitted via email or elsewhere will not be reviewed or considered for grant funding.

To apply, please follow the steps below:

  1. Create an account on Equilo. Please remember your log-in details. Representatives from the same organization can share one account and log-in information.
  2. Complete the 2X Assessment for Funds or Organizations. This is a basic screening to evaluate your alignment with the 2X Criteria. The assessment is free of charge.
  3. Start your CGEF application. Please include a high-level budget in your application.

Applications will be open from September 13, 2023, to October 6, 2023, 11:59 PM EDT.

Join us in building a movement to catalyze gender equity in climate finance! For more details, visit our website.

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