When women are economically empowered, they re-invest in their families and communities, producing a multiplier effect that spurs economic growth and contributes to global peace and stability. In February 2019, President Trump, established the Women’s Global Development and Prosperity (W-GDP) Initiative, the first whole-of-government effort to advance global women’s economic empowerment.
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.
In July 2019, W-GDP announced the first round of incentive funding—14 new projects with more than 200 public- and private-sector partners across 22 countries! These partnerships, which include representatives from bilateral and multilateral donors, non-government organizations, universities, foreign governments, and the private sector, will enable W-GDP to reach more than 100,000 women over the coming years in support of its three pillars.