IIF sets $8bn target for 2035 with gender equity plan

Lagos
2 Min Read

Israel Oluyemi

The Impact Investors Foundation (IIF) sets a target to mobilise $8 billion in inclusive capital by 2035 as it launches a 10-year Gender Equity and Social Inclusion (GESI) roadmap.

IIF Chief Executive Officer, Ms. Etemore Glover, says the roadmap serves as “a blueprint for a significant shift in Nigeria’s economy.”

The foundation unveils the plan alongside the Nigeria Inclusive Capital Commitment 2035 campaign during the 3rd Gender Impact Investment Summit at the Civic Centre in Lagos.

It explains that the initiative introduces 40 inclusive financial products, enacts 20 new policies, and secures 90 percent integration of GESI principles in the investment space.

Glover says the initiative “sets a powerful, decade-long course to democratise capital and transform our investment landscape for women, youth, and people with disabilities.”

IIF announces the roadmap on Thursday before investors, policymakers, and global partners.

The foundation develops the plan with PricewaterhouseCoopers (PwC) Nigeria and secures support from GIZ, the Ministry of Women Affairs, the Ministry of Youth Development, and the RISA Fund.

Ibukun Awosika, Chairperson of GSG Nigeria Partner, says the roadmap “moves us beyond aspiration to accountability” by demanding that stakeholders embed GESI principles in every investment decision and policy.

Jessica Espinoza, Chief Executive Officer of 2X Global, adds that “progress is strategic, not accidental, which is why the GESI roadmap is a critical blueprint for Nigeria’s future.”

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