Achieving gender parity is a key element of the Sustainable Development Goals which were launched in 2015. The Goals recognise the need to take many more steps to ensure that women across the globe can fulfil their potential. Investing in women is one key way to ensure that their ambitions become a reality.
In developing countries over 70% of female-owned SMEs are underserved by the finance system. Finding investors who are prepared to invest differently and focus on female entrepreneurship must be a priority in developing countries and beyond. Across Europe only 30% of entrepreneurs are female.
These challenges will be addressed by the upcoming event organised by the Luxembourg Microfinance and Development Fund (LMDF), which will consider the impact of investing in women in both the developed and developing world. Participants will discuss the steps required to close the gender gap and the huge social impact of female empowerment for the whole of society.
Suzanne Biegel, the founder of Catalyst at Large and a strong supporter of gender lens investing, will be coming from the UK to deliver the keynote address.
The event is supported by the EIB institute and the Luxembourg Ministry of the Economy. If you would like to find out more about the event and register to attend then visit the LMDF website.