Request for Proposals: Climate Gender Equity Fund (CGEF) – (multiple grants up to $5 million)

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Deadline: 17th May 2024

The Climate Gender Equity Fund (CGEF) is a public-private partnership led by USAID with founding members Amazon, Reckitt, The UPS Foundation, and Visa Foundation that seeks to increase access to climate finance for gender-responsive, women-led, and women-benefiting organisations.

Grant Categories

Category 1:
Climate- and gender-smart emerging impact investment funds (and investment vehicles), with a strong preference for women-led funds/vehicles: Grants seek to support investment funds and vehicles aligned with the 2X Criteria and that advance climate solutions and increase gender equality by developing, scaling, and investing in climate mitigation and adaptation businesses and solutions. These investments are expected to not only drive environmental and gender-related impacts but preference will be given to those that also yield positive health outcomes as a direct objective or strong co-benefit of the intervention.

Category 2:
Network organisations and intermediaries supporting women entrepreneurs working in climate action: Grants seek to support intermediaries that facilitate financing or provide other forms of support to women entrepreneurs working at the frontlines of climate action (such as women entrepreneur networks, incubators, accelerators, business service providers, and field-building associations). Preference will be given to initiatives that are anticipated to contribute to improving health outcomes, either as a direct objective or through significant co-benefits derived from advancing climate resilience and sustainability in communities.

Funding Information

  • CGEF anticipates awarding multiple grants under this RFP in each category with an aggregate value of up to $5 million (USD) for this funding round.
  • CGEF is targeting grant tickets ranging between $500,000 to $1,000,000 (USD) depending on the proposed level of impact, the track record of the applicants in managing a similar volume of finance for climate and gender activities, and the catalytic nature of the grant finance provided by CGEF6.
  • The final grant amounts will be determined, following due diligence, by 2X Global and an independent grant selection committee based on the strength of the application and the assessed capacity and track record of the applicant and could be lower or higher than the targeted range.

Eligibility Criteria

  • To be eligible to receive grants from CGEF, organizations under both Category 1 and 2 must meet the following criteria:
    • Be registered, legally constituted, recognised by and in good standing with the appropriate authorities, and compliant with all applicable civil and fiscal regulations.
    • Demonstrate adequate administrative and financial systems to comply with accountability and reporting requirements.
    • Demonstrate evidence of financial stability, including adequate financial resources (appropriate for the stage of their business) or the ability to obtain them, as well as the ability to comply with the award conditions to ensure sustainability of results. This should take into account all existing and prospective commitments of the applicant.
    • Have a demonstrated satisfactory record of performance.
    • Have a satisfactory record of integrity and business ethics and be otherwise qualified and eligible to receive a grant under applicable laws and regulations.
    • Have a pre-existing track record of work under this RFP’s grant categories and/or geographies of operation.
    • Have the capacity/expertise in monitoring and reporting including against the CGEF determined Key Performance Indicators (KPIs).

For more information and application.

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