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World’s Largest Gender-Lens Fund Starts Operating With New Investment Strategy to Help Address the $1.7 Trillion Gender Gap
The Global Gender-Smart Fund (GGSF), the world’s largest gender-lens investment fund, has implemented a new strategy focused on gender-smart financing. This strategy aims to address the $1.7 trillion gender gap by providing responsible financial services to underserved women, women-owned, and women-led businesses in developing markets. It seeks to improve livelihoods, promote women’s leadership, and enhance gender balance within financial institutions.
Building on a successful 15-year track record, the Microfinance Enhancement Facility (MEF), initially founded in 2009, was transformed into the Global Gender-Smart Fund (GGSF) on 1 January 2024, introducing a new gender-focused strategy as well as a new structure.
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