President Joe Biden announced a multimillion-dollar “Climate Gender Equity Fund” at the U.N. COP27 climate conference in Egypt on Nov. 11, with the stated aim of boosting women’s participation in climate change issues.
The fund will have an initial seed funding of $6 million, with the U.S. Agency for International Development (USAID) and Amazon each contributing half of the funding. The project aims to “leverage private sector contributions” to ensure women have the capital, network, and technical skills necessary to scale and develop climate solutions, according to a Nov. 11 fact sheet released by the White House.
