Letter from Inez: May 2024

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Next week, we will welcome our largest-ever crowd to attend the Alliance’s Annual Summit, hosted by HSBC in London.

Among the participants will be representatives from Alliance member institutions, central banks, impact investors, and female founders. Our members will be sharing best-in-class examples of private sector mobilization to support Women’s Markets; and the spectrum of stakeholders will discuss winning strategies for women’s full financial inclusion.

This powerful mix ensures that learning and networking is of the highest caliber, as we once again raise the bar on quality insights for action. Given the Summit’s location in London and the fact that it is hosted by HSBC and HSBC Innovation Banking, discussions will have a strong focus on supporting female-founded high-growth start-ups and how they can unlock equity investment.

Women’s leadership will be another strong focus of the Summit as it is so key to women’s full financial inclusion. Leaders will share insights on how to boost more women into key decision-making roles on boards and in C-suites, investment committees, and financial policy-making bodies.

What’s more, we’ll be diving deeply into a perennial theme of our Summits – the use of sex-disaggregated data to establish baselines, set targets and measure performance for all ecosystem participants. This year, we’ll share particularly exciting updates on the fruits of our labour on this front, including the Alliance’s work on national gender data dashboards, enabling countries to understand where they are at, in real-time.

This dovetails nicely with the work underway to roll-out the Women Entrepreneurs (WE) Finance Code, which aims to increase financing for women-led micro, small and medium enterprises around the world. As part of our program to support national stakeholders to roll out the Code, a Study Tour focused on how the initiative came together in the UK will be held the day after the Summit, on June 6. We look forward to meeting the diverse group of attendees, which includes representatives from more than 30 countries.

Finally, the Summit will provide an opportunity to honour the work of our members, as we acknowledge that achieving impact requires substantial resources, know-how, political will, and personal perseverance. Our annual Champions of the Female Economy Awards will be held during the final Summit session on June 5. We’ve been delighted with the number of members to have qualified for an award this year, having met the requirement by submitting annual performance data to our Female Economy Analytics Survey. We now look forward to unveiling and celebrating the winners among the many members who have delivered extraordinary results for women customers in recent years.

As our flagship event for the year, we are very much looking forward to seeing many of you at the Summit next week and participating in the exchange of knowledge to support our collective effort to champion the Female Economy.

In community,