Missing the Mark: Gender Equality and Women’s Rights at the G20
Ms. Magazine Blog | By Lyric Thompson & Sarah Gammage | August 1st, 2017
G20 leaders met last month for their annual summit in Hamburg, Germany—and women’s economic empowerment was high on the agenda.
The Summit saw the formal launch of Ivanka Trump’s financing initiative for women’s entrepreneurship, which had been announced a few months prior when Trump attended the Women’s 20 (W20) hosted by German Chancellor Angela Merkel. Now officially known as the Women’s Entrepreneurs Finance Initiative, or We-Fi, the effort is housed at the World Bank. Several G20 governments have already made initial commitments totaling $325 million. According to the Bank’s website, the effort will “enable more than $1 billion in financing to improve access to capital, provide technical assistance, and invest in projects and programs that support women and women-led [small- and medium- sized enterprises, or] SMEs in World Bank Group client countries.”