Biden Launches Climate Change Fund Proposing to Address Gender Inequities

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.
“The Fund is enabled by USAID’s commitment to gender-responsive climate action, including its allocating more than $21 million from the Gender Equity and Equality Action (GEEA) Fund, surpassing its $14 million COP26 commitment,” the fact sheet stated….}