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Gender Impact Investing & The Rise of False Solutions:

An Analysis for Feminist Movements

Gender Impact Investing (GII) is now trending as a solution to gender inequality. Yet, as our report indicates, it is actually part of the problem. Public and private institutions marketing GII equate it with promotion of gender equality and with increased resources for women and girls.

Neither claim is evidence-based.

Rather, GII is another expression of subjecting our lives and societies to the same financial logic that has shaped, and continues shaping, the profound inequalities in our world.

With this report, AWID offers the readers - feminists, gender justice advocates and stakeholders in gender impact investing - a critical analysis and substantiated evidence to understand GII, its narratives, and economic and political implications for feminist movements.

As feminists struggling for gender, peace, economic, social and environmental justice, we know there is no single recipe for success but an array of possibilities that can and are making change happen. The menu of options is as diverse as our movements and the communities in which we live and struggle.

Before we dare to present some of the feminist imaginations for another world, here are the principles around which we base our propositions:

1. Self-determined development from the local to the global

We believe there is no one model for all and that everyone has a right to claim and contribute to building another world that is possible, as the World Social Forum motto puts it.

This includes the right to participate in democratic governance and to influence one’s future – politically, economically, socially and culturally.

Economic self-determination gives peoples the ability to take control over their natural resources and use those resources for their own ends or collective use. Furthermore, women’s economic agency is fundamental to mitigating the often cyclical nature of poverty, denial of education, safety, and security.

2. Rights, substantive equality and justice are at the core of the economy

The principle of substantive equality is laid out in the Convention on the Elimination of All Forms of Discrimination against Women (CEDAW) and other international human rights instruments. This principle is fundamental for development and achieving a just economy as it affirms that all human beings are born free and equal.

Non-discrimination is an integral part of the principle of equality that ensures that no one is denied their rights because of factors such as race, gender, language, religion, sexual orientation, gender identity, political or other opinion, national or social origin, property or birth.

The inherent dignity of all persons without distinction must be upheld and respected. While States are responsible for ensuring the use of maximum available resources for the fulfilment of human rights, reclaiming rights and dignity is fundamentally a key space for civil society struggle and  popular mobilization.

3. Just distribution for all, without monopolization (the anti-greed principle)

This principle, exercised through organized efforts to transform unjust institutions, guides the restoration of balance between "participation" (input) and "distribution" (output) when either principle is violated.

It puts limits on monopolistic accumulations of capital and other abuses of property. This concept is founded on an economy model that is based on fairness, and justice.

4. Feminist and cross-movement solidarity is key

In order to make change happen, we need strong and diverse feminist networks. We need movements building solidarity from the personal to the political, from the local to the global and back.

Building collective power through movements helps convert the struggle for human rights, equality and justice into a political force for change that cannot be ignored.

“Only movements can create sustained change at the levels that policy and legislation alone cannot achieve.”

See more on this at Batliwala, S: 2012 “Changing Their World. Concepts and Practices of Women’s Movements” 2nd Edition. AWID

See also

The project

5 Major Threats

Our partners

Every three to four years, AWID hosts its flagship international event. It is the world’s largest event that wholeheartedly centers feminist and gender justice movements in all their diversity. It is a global gathering of feminist activists, allied movements, scholars, funders and policymakers. The Forums rotate between different regions and countries in the global South.

WHRD Tribute - 2017

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