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2X Challenge exceeds initial target by committing and mobilizing $4.5 billion in capital towards women’s economic empowerment

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Montreal, June 30th, 2020 - Just two years after the launch of the 2X Challenge at the G7 Charlevoix Summit in Canada, the initiative has committed and mobilized a total $4.5 billion in gender-smart investments. Founding G7 DFIs contributed and mobilized $4.1 billion, surpassing the initial target of $3 billion by the end of 2020. DFIs remain the primary source of capital towards the challenge (with their own capital representing $2.4 billion of the overall amount), while private sector financiers and other investors accounted for $1.2 billion and $0.8 billion respectively.
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