Jessica Espinoza Jessica Espinoza

New 2X Challenge Announces US$20 Billion Target for Investments for Women

The 2X Challenge is a flagship initiative launched by 2X Global at the G7 Summit 2018 to increase investments that empower women in developing countries to access economically beneficial opportunities, products and services. Since its inception, the 2X Challenge has collectively raised gender lens investments totaling US$ 33.6 Billion.

The next round of the 2X Challenge brings together public and private capital providers to commit to invest and mobilise at least US$20 Billion over three years under the 2X Criteria framework.

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Global gender finance initiative exceeds target, raising US$ 16.3 Billion in two years

The 2X Challenge, a flagship initiative under 2X Global, first launched at the G7 Summit 2018 as a joint commitment by the Development Finance Institutions (DFIs), announced today that it has exceeded its ambitious US$ 15 Billion target.

The initiative raised 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.

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