As 2X Global works to develop a new certification process for gender lens investors, we set out why greater transparency must be integrated into this process. Our new working paper provides four recommendations for improving the disclosure of 2X investments – so that we can understand their impact on women and girls, and ensure we are making the most effective use of our scarce resources.
The political support for investing in women’s economic empowerment (WEE) has never been higher. Especially in light of the disparate impacts from COVID-19 on women and girls, there has been a loud chorus of voices on the need to invest in WEE. The critical question, though, is whether the political rhetoric is matched by effective, catalytic investments that are significantly advancing women and girls’ equality and giving them the meaningful ability to participate in, and benefit from, economic opportunities and prosperity?
In this roundtable event we are pleased to launch our new Improving funding transparency for women’s economic empowerment report. Our presentation synthesises our work from the last two years, extrapolating findings from across the three focus countries to unpack the current state of transparency in funding for women’s economic empowerment. We identify the key data limitations, including our ability to understand the impact of funding, and provide recommendations for funders to improve the reporting and publication of information to these areas. The roundtable, which took place on 15 December 2022, provided an opportunity for specialists in the field to give feedback on our findings and discuss future actions.
The 2X Challenge has mobilised $11.4bn for women. But what do we know about these investments and how they’re advancing gender equality? Our team has looked back through the data to see how successful the 2X approach has been so far in channelling funds to women and girls. We found a transparency problem – and we’re calling for it to be fixed as part of the certification process.
In this blog series, produced jointly by researchers at the Center for Global Development, Publish What You Fund, and Donor Tracker, we aim to:
1.review existing accountability tools related to bilateral, multilateral, and/or philanthropic donor institutions’ funding for gender equality,
2.review how these tools have been studied to date, and
3.propose how we can use and improve upon available tools to push for more and better financing to achieve SDG 5.
Originally posted by the Brookings Institution, co-authored by Sally Paxton and George Ingram At our launch event on July 8 for the report, “Making gender financing more transparent”, prominent stakeholders, including key donors for gender equality and the Organisation for Economic Cooperation and Development (OECD), made important commitments to make international funding towards gender equality […]
