The private sector and philanthropic foundations take action for gender equality

In addition to their strong participation as champions or commitment makers in the various action coalitions, the private sector and philanthropic foundations demonstrated their commitment at two high profile events organised by France and UN Women.

Watch some key moments from these unprecedented events:

The private sector

The private sector and philanthropic foundations commit to gender equality

Numerous stakeholders responded to the call from France, Mexico and UN Women to show their commitment to gender equality:

More than 1,000 commitments have been made. Funding is a key factor in achieving the Global Acceleration Plan for Gender Equality: USD 40 billion in new funding has been raised to implement the plan over the next 5 years.

In a context where the public health crisis has deepened inequalities, affecting women and girls to a greater extent, these announcements are unprecedented.

A new model

A new model: action coalitions, or multilateralism through action

The aim of the Generation Equality Forum, organized under the aegis of UN Women and co-chaired by France and Mexico, was to bring together different types of stakeholders. Governments, the private sector, NGOs, youth-led organisations, philanthropic foundations and international organisations co-created a new mechanism and joint actions under the six action coalitions.

Generation Tech is an example of a multi-stakeholder commitment under the Technology and Innovation Action Coalition, established to support women in these industries of the future.

The NGO Generation Tech, Ministers Agnès Pannier-Runacher and Elisabeth Moreno, Engie, Cartier Women's Initiative, the BNP Paribas Group, Orange, UN Women and others have worked together to develop a number of different projects.

A platform has been made available to young women starting out in technology and the digital economy, where inclusive businesses from around the world that want to have a strong social impact can publish their offers.

The Embrace, Embark, and Scale programmes have been created with the aim of guiding girls and women towards education, employment and entrepreneurship in technology and the digital economy.

These meetings and projects were made possible thanks to the landmark Generation Equality Forum, which united all the gender equality stakeholders around the same objective, on the same date and in the same place to achieve genuine and lasting gender equality.