Making financing for development work for gender equality: what is needed at Addis and beyond
This briefing from the Gender and Development Network in the UK has been written in preparation for the Third International Conference on Financing for Development (FfD3). It notes that while gender equality issues have been visible within the FfD3 process, there has only been limited recognition of the impacts that different sources of financing can have on gender equality, or of the gender biases within the wider economy which reinforce discrimination against women and girls. The briefing argues that while FfD3 must focus on the quantity of financial resources available to finance gender equality objectives, it must also look at the gender impact of current macro economic and financial policies and practices.
The briefing considers the gender dimensions of financing development from three sources:
- Domestic revenue (for example taxation)
- Official development assistance
- Private financing
It also considers the importance of women's rights organisations, which with the right funding and support, can be a vital catalyst for realising gender equality.
The briefing ends with a series of recommendations for governments, international institutions and the private sector. These include:
- Ensure sufficient quality and quantity of resources to achieve gender equality and advance women's rights
- Support women's role in the economy and ensure that it works for them, not against them
- Reform domestic public finance including fiscal policies and taxation to advance gender equality and women's rights
- Meet existing commitments and increase contributions to gender equality in ODA
- Regulate and ensure that private finance supports and contributes to advancing gender equality and women's rights
- Support and invest in women's rights organisations as critical partners in development policy and practice