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Veronica, Gillian. Gillian, to
you first. Tell me a bit more

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about the Climate Gender Equity
Fund, if you would.

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Sure.

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So we've got a Climate Gender
Equity Fund, which is really

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focused on empowering and
funding women to drive climate

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action.

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Women and girls are actually
disproportionately impacted by

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the climate crisis and yet they
hold the solutions and the

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potential to be critical to
addressing it.

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So, we co-founded the Climate
Gender Equity Fund with Amazon

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and we have since recruited Visa
and Reckitt and the UPS

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Foundation to support us in our
goal to achieve $60 million. A

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fund of 60 million to support
female-led and women-oriented

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interventions to the crisis.

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Veronica, why are public private
partnerships like this so

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useful, so important for
leveraging finance for social

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good?

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Yeah, well, the climate crisis
is a truly systemic crisis, and

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we need truly systemic
solutions.

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And some of the work that we did
with US Aid on the PREPARE

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partnership looked at the way
that companies are financing

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adaptation and resilience,
including the communities and

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and women.

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And what we found is when
companies collaborate with

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communities, when they center on
those who are most vulnerable,

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they not only create more
effective solutions, there's

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tremendous business value in
that as well. Gillian, what

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opportunities are there for
business value?

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Well, BCG did a really important
report as part of the PREPARE

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Call to Action, which was
focused on the business case for

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adaptation.

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The situation we're in now is
that only 2% of private sector

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investment in climate action is
oriented towards adaptation,

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which of course is supporting
people to adapt to the

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consequences of the crisis,
which are only escalating.

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And what BCG found through this
very comprehensive study is that

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more and more companies actually
are making that investment and

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yielding a median return of $9
for every dollar they invest in

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strengthening their supply
chains, in addressing the

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resilience of their workforce,
and in adapting their own

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products and services to respond
to the new normal that is the

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climate crisis.

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What are the next steps, Gillian
for you, for this fund? 

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For the Climate Gender Equity
Fund, the next step is really to

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recruit more investors.

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We've got an amazing partner
that actually helps us shape the

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calls to action.

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So all of the funds that our
co-investors contribute to the

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Climate Gender Equity Fund go
direct to supporting women and

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these critical interventions
around adaptation, resilience.

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And we have a new window coming
up regarding health

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interventions.

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Gillian, Veronica, thank you so
much.

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Thank you.

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Thank you.