In addition, since CGEF launched last November, its founding members—including USAID, Amazon, Reckitt, Visa Foundation, and The UPS Foundation—have committed a combined $20 million to the fund, with USAID announcing an additional $5 million during the COP28 climate change conference. The funding will be used over the next several years to make additional grants to businesses, investment vehicles, accelerators, incubators, and grassroots organizations supporting women-led and women-benefitting climate solutions. CGEF expects to announce additional grantees in the near future.
