The Biden administration unveiled a public-private partnership to help advance female leadership in searching for climate change solutions during the COP27 climate conference in Egypt.
Among other programs President Joe Biden announced during the conference was the “Climate Gender Equity Fund,” which will “leverage private sector contributions to help provide women climate leaders with technical skills, networks, and capital to develop and scale climate solutions,” according to a statement from the White House. The program was seeded by $3 million from USAID and $3 million from Amazon.
“As an important step in solving climate change, we must address the gender inequalities that persist in climate finance, and ensure female entrepreneurs have an equal seat at the table and access to the funding, networks, and technical support they need to scale climate solutions,” Amazon Worldwide Sustainability Vice President Kara Hurst said in a statement. “We’re proud to collaborate with USAID and the Biden administration to help scale women-led climate solutions globally.”
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