Development finance for women empowerment
While achieving gender equality and women empowerment requires significant funding, statistics show that only 1.9 per cent of all charitable donations go to organizations dedicated to the development of women and girls. What will it take to change the status quo? Latanya Mapp Frett, President and CEO of Global Fund for Women joins CNBC Africa for this discussion.
Thu, 27 Jul 2023 19:19:57 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- The existing allocation of merely 1.9 per cent of charitable donations to organizations focused on women's development is substantially insufficient, hindering the potential impact of grassroots women's organizations and feminist movements.
- The call to elevate financial support for these crucial movements is vital in addressing pressing issues such as violence against women, sexual and reproductive rights, and climate justice.
- Forum discussions and advocacy efforts play a significant role in highlighting the inadequate funding for women's issues and emphasizing the urgent need to redirect resources towards empowering women and driving societal change.
Achieving gender equality and women's empowerment remains a significant challenge, especially when statistics indicate that only a meager 1.9 per cent of all charitable donations are allocated to organizations dedicated to the development of women and girls. This concerning scenario begs the question: What will it take to change this status quo? Latanya Mapp Frett, the distinguished President and CEO of Global Fund for Women, joined CNBC Africa to delve into this crucial issue. Frett's insights shed light on the critical need to amplify support for grassroots women's organizations and feminist movements. Despite the invaluable work these women spearhead in various communities, their funding often falls short, hampering the transformative impact they could achieve with more resources. Frett emphasized the urgency of increasing financial backing for these movements to drive essential changes in crucial areas such as violence against women, sexual and reproductive rights, and climate justice. While the current 1.9 per cent allocation is deemed woefully inadequate, forums like the one discussed provide vital platforms to address and rectify this pressing issue.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.
