Subject: Building the future we want to see (draft)

On the look out for lessons, tools and insights to build a future of financial inclusion for women

Dear Friend,

This newsletter is arriving in your inbox just a few days before our 2X Global Summit gets underway in Manila next week.

The upcoming Summit gives us the opportunity to build more than bonds between our 2X Global members and partners - it give us the chance to build the future of finance together.

We are driven by a shared goal of making finance more inclusive of women by creating access to capital and the entrepreneurship and employment opportunities that come with it.

What this will look like in action at the 2X Global Summit is big conversations and strategic, deep-dive discussions led by experts, on areas shaping the future such as the green economy, women’s health investment and A.I.

Building a future where women can access investment and economic opportunity at the same rates as men, also necessitates ‘going under the hood’ of the finance system to look at the assumptions and narratives underlying the current status quo and how we can disrupt them. 

Alongside this, members will be sharing lessons and insights about the levers and tools available to us to build a gender-smart future for finance, looking at solutions such as strengthening gender bonds, mobilising impact-linked finance and how to build inclusive supply chains.

The 2025 edition of our Summit is co-hosted by the Asian Development Bank, and is made possible with the support of:

  • Anchor partners - the Australia Department of Foreign Affairs and Trade, Minderoo Foundation and Investing in Women

  • Catalyst partners - FinDev Canada and MEDA

  • Supporters - the Private Infrastructure Development Group and the International Finance Corporation

We’re grateful for the continued support of these partners who are working to build a financially inclusive future with us.

In Community,

2X Global Team

News from the field

Mainstreaming gender lens investing. IFC has published a new report on private equity and venture capital opportunities for women in emerging markets. The new study showcases some positives such as an increasing prevalence of gender-balanced funds - but also highlights the need for more inclusive leadership to unlock opportunities for women in emerging markets through private capital. India’s market regulator wants to see more women investing in mutual funds. Tuhin Kanta Pandey, chair of the Securities and Exchange Board of India (SEBI) has announced plans for financial incentives for distributors and fund houses to enroll first-time women investors in mutual funds.

Gender and Climate Investing. In a new op-ed from the IISD, a call to make space for the voices, needs and lived realities of women, particularly those from under-resourced communities, amidst discussions of the just energy transition. COP30, which will be the 30th edition of the United Nations’ leading climate action conference, has announced its slate of thematic days, with women and gender issues taking center stage on November 19 and 20. 

Leadership, Culture and Policy, JEDI. CEO of Target to step down as the American retailer continues to see sales and share price decline as the company navigates an ongoing consumer boycott sparked by its retreat from diversity, equity and inclusion policies. As television viewership, ticket sales and media coverage of women’s sport grows rapidly, can women’s sport turn into big business? Billionaire Lauren Leichtman, who made her fortune in private equity together with husband Arthur, seems to think so - the new owner of women’s football team, the San Diego Wave, is profiled in Forbes Australia.

Data and Tools. Have you heard of ‘the squeeze?’ It’s the space in working mother’s careers where their time expenditure at home on tasks such as child care, food preparation or housecleaning, peaks, just before their income earning potential does. A profile on Wharton economist, Professor Corinne Low’s new book outlines the data  - and what countries can do about it.

Care Economy. China has introduced a nationwide annual childcare subsidy of 3,600 yuan (around USD 500) for each child under age three, beginning in 2025—with partial payments available for children born prior to that year - in an effort to stem a declining birth rate - and the benefits could extend beyond the families, sparking growth in the care economy. Nannies in the United Kingdom’s biggest city, London, have seen salaries rise by nearly 10% over the past year and around 46% in the past five years, according to data and analysis from Nannytax, a nanny payroll provider. Rising childcare costs are driving families out of work and into poverty, says a new report from the Bevan Foundation, focused on Wales. The care sector in the United States is growing faster than the U.S. economy itself, with more than 80% of new jobs reported in the June statistics of the U.S. Bureau of Labour being reported in health care and social services.

Resilience (GBVH, Financial Inclusion, Security). Rihanna’s Clara Lionel Foundation has funded an innovative solar-powered, mobile family planning clinic in the tiny, multi-island nation of St. Vincent and the Grenadines. The St. Vincent Planned Parenthood Association’s Mobile Clinic, is designed to handle the country’s mountainous terrain and can be moved via ferry, bringing free health screenings, STI testing and treatment to remote and under-resourced communities in the mountainous country which is made up of 32 small islands.

Community Calendar

8-9 September

The Forum of the Standing Committee on Finance (SCF) provides a platform for a wide range of stakeholders from governments, climate funds, financial institutions, civil society, think tanks and the private sector to facilitate exchange of information and promote linkages and coherence in the mobilisation and delivery of climate finance.

9-11 September

The Asian Venture Philanthropy Network’s (AVPN) Global Conference 2025 is taking place in Hong Kong this year, exploring the theme ‘Asian Leadership for an Inclusive World’. Learn more.

23 September

Join us in New York City during Climate Week for our 2X Investor Meet-Up. Contact our team for more information.

7-9 October

The GIIN Impact Forum will be hosted in Berlin this year, bringing together hundreds of stakeholders in the impact investing space.

14-15 October

Interested in investment opportunities in Africa? AFSIC, the largest Africa investment conference taking place outside of the continent, returns to London.

27-29 October

The SOCAP conference, one of the leading convenings in the impact economy, will come off in San Francisco.

Thank you to our partners and supporters