Project detail - 2X COLLABORATIVE LIMITED

2X COLLABORATIVE LIMITED

Status: Approved investment
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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

2X Collaborative is a global industry initiative for gender lens investing convening the entire spectrum of capital providers.

What is our funding objective?

The funding objective is to support knowledge development and sharing on crucial topics for FMO and its clients especially on 1) Justice, Equity, Diversity and Inclusion. 2) addressing Gender-Based Violence (GBVH) and Harassment with the delivery of a GBVH guidance and tools for clients and 3) Gender Lens Investing training for clients. This can serve FMO in reaching more gender lens investing, and further establishing FMO’s impact attributes as an investor with a goal towards gender equality and women’s empowerment

Why do we fund this investment?

As of July 2021, the 2X Challenge and Gender Finance Collaborative (GFC) have continued as the 2X Collaborative (2XC). The 2XC will be a leading industry body for gender lens investing, bringing together a broad range of investors deploying capital with a gender lens, DFIs but also commercial and impact investors. It provides members with access to peer learning networks, knowledge and co-investment platforms (Communities of Practice) as well as partnership and training opportunities, and innovative investment tools. FMO has been actively involved in the shaping of the 2XC entity, including through a corporate governance project. Through this funding, FMO’s membership is secured.

Country
Global
Sector
Infrastructure, Manufacturing and Services
Effective date
9/28/2022
Total FMO financing
EUR 0.25 MLN
Funding
MASSIF