![]() This includes working to remove legal and regulatory barriers to women’s access to financial services, to increase the number of social protection schemes that include gender-intentional payments that spur women to use digital accounts more broadly, and to measure the impact of laws and policies through the use of gender-disaggregated data. Supporting enabling laws and policies. ![]() As part of this commitment, we are making strategic investments that align with the pillars set out by the Generation Equality Forum’s Economic Justice and Rights Action Coalition: ![]() Women’s economic empowerment is essential for global economic recovery and growth.Īs of June 2021, we are committing US$500 million over the next five years to advance women’s financial inclusion. When women can fully participate in the economy, they enhance the prosperity of their family, community, and country. Opening up payment infrastructure to new kinds of companies outside of traditional banking organizations can help accelerate the development of these systems.Īt the core of our foundation’s approach to digital financial inclusion are investments that put women front and center to ensure that more of them benefit from empowering financial tools and services-such as digital financial accounts, mobile money, and credit. This kind of open-loop system substantially lowers the costs and complexity of digital financial services and payment platforms. Perhaps the most important condition for the development of these payment systems is interoperability-allowing customers to transact with any other customer, whether or not they use the same service provider. They must fully involve the private sector and allow service providers to develop sustainable business models.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |