Subject: From Moment to Momentum

Beyond the spotlight of March, sustained action is what drives real progress

Dear Friend,

As March draws to a close, so too does Women’s History Month 2026. And of course, just around the corner, we’ll soon mark the end of Q1 on our corporate calendars.

On the surface, these are routine milestones—dates that come around every year, every quarter. But in the context of a month that has felt particularly febrile and unsettled at times, with so much happening and changing just over the past month, they invite a moment of reflection.

In our last edition, ahead of the global commemoration of International Women’s Day, we encouraged you to look beyond the hashtags and the often-performative expressions of support for women’s advancement, and instead to seek out what meaningful commitment truly looks like.

As it turns out, the close of Q1 offers a useful, if slightly corporate, metaphor for exactly that.

Because while March shines a spotlight on women, Q1 is a quietly powerful reminder that the work does not end when the spotlight fades. There are, quite literally, three more quarters ahead of us this year. And more importantly, there is still so much to be done to build a world that is fair, inclusive, and economically empowering for women everywhere.

At a time when progress on issues like the gender pay gap has slowed, and when hard-won gains are being tested in some parts of the world, this continuity matters. It reminds us that real change is not driven by moments of visibility alone, but by sustained, deliberate action over time.

Encouragingly, that spirit of action is alive and well across our community.

Just last week, we convened our network on three occasions over two days—bringing together leaders, practitioners, and innovators committed to making capital work for women.

We kicked things off on LinkedIn with the inaugural episode of The 2X Factor, our new live series spotlighting the ideas and actors shaping the future of gender lens investing. We were delighted to be joined by Lisa Harding of the Caribbean Development Bank and Dr Rosanna Saladin-Subero of the Clara Lionel Foundation—founded by global entrepreneur and artist Rihanna. Alongside our own Rutendo Chandiwana, they shared practical insights and real-world examples of how catalytic capital is helping women-led businesses grow, attract investment, and move to the next stage.

If you haven’t yet tuned in, we encourage you to catch the conversation on our page.

We then continued the momentum with our first members-only GLI Deep Dive of 2026—a two-day virtual seminar designed to equip our community with the tools, insights, and connections needed to drive impact.

Focusing on GLI Fundamentals: Tools, Incentives & Growth, the sessions brought together participants from across six continents, spanning time zones, sectors, and institutions, demonstrating the power of a community connected by a collective mission. Over the two days, members shared concrete examples of the outcomes from their gender lens investing approaches - improved profits, sustainable growth and meaningful impact, underscoring that advancing women’s economic empowerment is not only necessary but financially and socially transformative.

As we move beyond March, that sense of shared purpose is what we carry forward. Because while moments like Women’s History Month can spark attention, it is sustained engagement—quarter after quarter—that drives lasting change.

Keep reading for a selection of the latest GLI news and insights.

In Community,

2X Global Team

News from the field

Mainstreaming gender lens investingThe European Investment Bank Group is stepping up its commitment to gender equality with the launch of its third Gender Action Plan which covers 2026 to 2030. The plan has three main pillars - expanding economic opportunities for women, investing in inclusive infrastructure and services and promoting security, dignity and equal rights. Aceli has a new report out with new evidence regarding gender-inclusive agri-SME finance. Drawn from an analysis of its 4,791 loans totaling $392M, the data highlights the emerging business case for financing women-owned agri businesses. What’s the state of play for gender lens investing amidst backlash and funding pressures? 2X Global CEO Jessica Espinoza is among those reflecting on the impact and recalibrated approaches in this Devex piece while Maria Smith, Chief Impact Officer of 2X member British International Investment outlines how they’re forging ahead. (Devex) One takeaway from Davos this year? Gender equality is in high demand. Discussions at this year's annual meeting of the World Economic Forum on the future of financing for women highlighted continued interest and recognition that investing in women is key to resilient growth, public health and economic stability. Improving gender diversity and closing the gender gap within organisations is the ultimate hedge to reducing risk, posits 2X Global CEO Jessica Espinoza in her latest Medium post. EIB has committed €40 million to a Speedinvest fund to back high-growth African tech startups, aiming to drive digital innovation, job creation, and stronger Europe–Africa ties, with at least 30% of capital allocated to companies supporting women as founders, employees, or consumers. 2X Global is partnering with the Caribbean Development Bank to strengthen the ecosystem for gender lens investing in the Caribbean - developing a regional toolbox and digital academy to help unlock more capital for women entrepreneurs.

Gender and Climate Investing. As the green transition accelerates around the world, what systems need to be put in place to ensure that this transition is an inclusive one, creating jobs and economic power for women as well? The IFC’s new guide offers solutions. Tune in for a powerful and vulnerable conversation with former UNFCCC chief Christiana Figueres, one of the leading architects of the Paris Agreement, interviewed by our own Jessica Espinoza in the first episode of her new video podcast Catch the Upswing. A new funding opportunity is now open for innovators developing digital solutions for distributed renewable energy (DRE), clean cooking, e-mobility, circular economy systems and more - the Digital Innovation Fund for Energy and Climate Programme (DIFEC) from AECF is now open for applications. 

Leadership, Culture and Policy, JEDI. This new report from the IFC gives insights into how to build and accelerate inclusion for women in the agribusiness sectorcoming out of introducing their Gender Equality and Returns (GEAR) program to Africa’s agribusiness sector, following its success in Asia’s apparel industry. European banks are consolidating their lead over their US peers when it comes to gender equality. While UK banks like Standard Chartered and NatWest maintain top positions, a significant fall for Citigroup highlights a growing trans-Atlantic divide. Read about the journey of family owned and run business Alberts, a cornerstone of the Australian music industry, from a predominantly male run institution across the first four generations, to a gender-balanced and inclusive board and leadership team.

Data and Tools. It’s the 15th year of PwC’s Women in Work Index, tracking gender equality in work across 33 OECD countries and the news is… not encouraging. Across the OECD, progress is at its weakest since the pandemic, with a drop in full‑time female employment and rising unemployment. The Boardroom Africa’s 2026 Industry Trends Report is out now with insights from senior executives, founders, investors, policymakers, and institutional leaders across the continent. The key takeaway? “This year signals a shift from expansion to discipline. Capital is being repriced, with greater emphasis on durability, cash flow, and risk clarity.” Briter Intelligence has published its Emerging Markets Angel Study, which examines the landscape for early stage and angel investing across Africa, Latin America, and Asia. How are women and men perceived in terms of suitability for leadership? The latest Reykjavík Index for Leadership which measures perceptions of women and men as leaders across 23 economic sectors is out now, measuring attitudes in the G7 countries, Iceland, Australia, New Zealand, Kenya and Nigeria.

Care Economy. It’s time to be clear about the role of care work and the care economy as a pillar of economic infrastructure, urge experts following the 2026–27 Indian Union Budget. This piece in Behan Box cites comment from labour economists who’ve highlighted that mainstream fiscal planning still fails to treat caregiving — which is disproportionately done by women — as an economic asset deserving sustained investment. How can we make the often invisible work of care visible and measurable in economic planning? In a new report the IISD notes that countries’ overreliance on GDP as their main indicator of prosperity misses critical considerations tied to the care economy and makes recommendations on how to redress this.

Resilience (GBVH, Financial Inclusion, Health, Security). 

It could be another 30 years before women in the UK are paid the same as men, according to a new report from the Trades Union Congress there. Learn why. Meanwhile in the United States, a new report from compensation vendor Payscale has revealed that the gender pay gap there has widened, with women now earning $0.82 per dollar earned by men in 2026, down from $0.83 in 2025. Another day, another report on how AI is being used to power sexual harassment. This piece in The Persistent highlights some of the more disturbing trends like biased chatbots to sexist and aggressive avatars, which can be harnessed to harass and harm women.

Community Calendar

21-24 April

Look out for 2X Global at the Skoll World Forum, at our Investor Meet-Up which promises to be an evening of engaging dialogue on the latest trends in gender lens investing. The Skoll World Forum brings leaders and social innovators together every year in Oxford to share ideas.

27-30 April

The 22nd Annual AVCA Conference and VC Summit, the leading global private capital gathering in Africa, returns to Nairobi. Learn more.

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