WFID’s Global Gender Data Strategy identified the relative lack of use cases and the need to build national-level data ecosystems and increase capacity to implement these efforts as a key priority to generate necessary and actionable data to close the women’s financial inclusion gap.
With support from the Gates Foundation, WFID will address the lack of national sex-disaggregated supply-side data collection and use in several countries through building national-level capabilities on gender data and encouraging mainstreaming of technical assistance providers on gender data.
WFID’s focus countries for this work include Nigeria, Bangladesh, Honduras, Kenya, Lebanon, Pakistan and Turkey.
The long-term objective of this work is to increase women’s use of financial services by increasing policymakers’ and providers’ access to timely, precise, sex-disaggregated supply side data. This will help test the WFID theory of change, which posits that market development for women’s financial inclusion will be driven by improved gender data within countries—as this improved data will allow key national stakeholders to see gender gaps and act upon them.
Watch this space as we’ll publish the findings and recommendations in April.