Women-led climate innovation and entrepreneurship in India and across Latin America and the Caribbean will get a boost from the Climate Gender Equity Fund (CGEF), which last Thursday announced its latest grant awards to Achieving Women’s Equity (AWE) Funds focused in India and Deetken Impact’s Ilu Women’s Empowerment Fund supporting solutions in Latin America and the Caribbean. 

CGEF is a public-private partnership led by the United States Agency for International Development (USAID), in partnership with Amazon, Reckitt, Skoll Foundation, The UPS Foundation, and Visa Foundation to increase access to climate finance for women-led and women-benefiting organisations. Grantmaking under CGEF is managed by 2X Global.

The significant response to the first round of funding under USAID’s Climate Gender Equity Fund (CGEF) underscores that there is both “massive need and huge opportunity” for deepening investment in gender-smart climate finance.