The evidence to date suggests that the pandemic and resulting global recession have exacerbated pre-existing gender inequalities in economic standing and broader well-being in low- and middle-income countries. Now, the question is: are donors like the World Bank and other regional development banks doing enough to close the gender gaps exacerbated by the pandemic?
CGD Policy Blogs
Andia Chakava, Investment Director at the Graça Machel Trust, joined our launch event to share her reflections on the survey’s formulation and findings. Here we further unpack reactions to the survey’s findings, place them within the broader context of the private investment landscape, and highlight opportunities for improvement to move the field forward.
Now more than ever women need equal access to development finance; without it, COVID-19 & DFI response efforts could potentially widen the already-significant gender gaps. Explore our new survey on gender equity in development finance.
If combating climate change is now center stage for BlackRock, then eliminating global gender inequality should be next on the horizon for the corporation and its counterparts (Vanguard, Fidelity, State Street, etc.).
There’s been a lot of energy around “gender lens” investing in recent years, and for good reason.
Our team has just launched (to our knowledge) the first ever survey of the gender policies and practices of 21 multilateral and bilateral DFIs in order to gain a better understanding of DFI gender strategies.
Recently CGD hosted the Second Annual Birdsall House Conference on Women, which focused on beyond-aid approaches for women’s economic empowerment, with particular emphasis on private sector engagement. CGD experts have written about how international organizations and national agencies should examine and correct gender biases in the design and delivery of their strategies for financial inclusion. But while public sector interventions are crucial for promoting women’s economic empowerment, the panelists pointed out that the private sector is in many ways better equipped to provide opportunities for women to grow their businesses, investments, and incomes. Here’s our takeaway.
At a CGD event on financial inclusion, IMF Managing Director Christine Lagarde noted that financial inclusion is a priority for the post-2015 development agenda as a whole. Here we explore both the benefits of financial inclusion and some concrete steps for achieving it, specifically looking at ways to overcome a persistent gender gap that leaves women with less access to financial services than men.
Gender Equality as a Private Sector Priority: A Triple Win for Companies, Consumers, and Developing Countries
Last week CGD hosted our first in a series of events focused on “beyond aid” approaches to promoting gender equality.