May 25

Global Gender Finance Initiative Mobilized $16.3 Billion In Two Years

By Bonnie Chiu

The United Nations predicted in 2022 that “without investment, gender equality will take nearly 300 years.” Investment is critical to advance gender equality, and the 2X Challenge, announced that it has exceeded its ambitious US$15 billion target for 2021-2022. It mobilized gender lens investments totaling US$16.3 Billion from 2021-2022, benefitting 473 businesses across Asia, Africa, Central and Eastern Europe, Latin America and the Caribbean.

Photo courtesy of UN Women/Second Chance Education Programme.

Source: Forbes (link opens in a new window)

development finance, gender equality, gender lens, impact investing