Global donor initiative, Co-Impact, has launched its $1bn Gender Fund, naming the first 15 organisations it will support. The 10-year initiative, which was first unveiled last year, is targeting women-focussed NGOs, with the aim of advancing gender equality and female leadership, and correcting harmful cultural norms across Asia, Africa, and Latin America.
The first grantees include ARMMAN, an Indian nonprofit using technology to improve healthcare for pregnant women and mothers; the Kenya-based Partnership for Economic Policy (PEP), which will undertake a gender-sensitive policy analysis of the labour market in five countries to identify work barriers for women; and Breakthrough, an NGO seeking to transform social norms that perpetuate gender-based violence and discrimination against in India. [See below for the full list]
Melinda French Gates, Mackenzie Scott, Roshni Nadar Malhotra and the Shiv Nadar Foundation, and Tsitsi Masiyiwa, Zimbabwean philanthropist and social entrepreneur, are among the primary donors to the fund, which has already received contributions of $320m.
“To make progress on gender equality, we need systemic change in the structures, laws, and policies and processes of government, in how markets function, and how social norms are shaped and enforced,” explained Olivia Leland, Founder and CEO of Co-Impact.
“The mission of the Gender Fund is to deliver on the ambition of a world where systems and societies are just and inclusive, and where all women have the opportunity to exercise power, agency, and leadership at all levels.”