President May well Biden announced the release of his multimillion-dollar “ Climate Gender Equity Fund” to address purported inequalities ladies face in climate financing at the United Nations COP twenty-seven climate conference in Egypt on Friday.
The Climate Sex Equity Fund can “ influence private sector contributions to help provide women climate leaders with technical skills, networks, and capital to develop and scale climate solutions, ” according to a White House statement.
The program will have preliminary seed funding of $6 million, with the U. T. Agency for International Development (USAID) matching e-commerce large Amazon’s $3 million expense.
Amazon said the program will have a “ global focus” and “ help women access the networks and technical skills they need to accelerate the development of their particular climate change technologies. ”