USAID Launches Women's Economic Empowerment Initiative
On February 7, 2019, the White House launched the Women’s Global Development and Prosperity (W-GDP) Initiative, which will bring women’s economic empowerment to the forefront of the U.S. Government’s development agenda. W-GDP seeks to reach 50 million women in the developing world by 2025 through U.S. government activities, private-public partnerships, and a new, innovative fund at USAID.
USAID's innovative new fund will enable women to succeed in the economy in the developing world, focusing on three pillars:
- Pillar One: Advancing workforce development and vocational education to ensure women have the skills and training necessary to secure jobs.
- Pillar Two: Promoting women’s entrepreneurship and providing women with access to capital, markets, technical assistance and networks.
- Pillar Three: Striving to remove the legal, regulatory and cultural barriers that constrain women from being able to fully and freely participate in the economy.
USAID will work to ensure that all women have the opportunity to reach their full economic potential, to promote prosperity and peace for all.