Marcelo Ebrard announces “Them Fund” to support women’s initiatives in Mexico, Latham and the Caribbean
During the 77th session of the General Assembly of the United Nations (UN) Foreign Minister Marcelo Ebrard Casaubon announced “Their fund”, whose purpose is to promote economic projects and women’s empowerment in Mexico, Latin America and the Caribbean.
The Ellas Fund seeks to mobilize 50 million dollars and will be jointly managed with the United Nations Development Program (UNDP). The head of the Ministry of Foreign Affairs (SRE) assured that the Fund is looking “support women in their first economic or social initiatives, expanding their empowerment and ability to participate in our society and economy.”
“This is the first special fund to support women’s initiatives in the world, this is a major problem,” the agency said.
The fund will have three directions of action:
YO) Strengthening abilities
II) offer support through seed capital for women’s initiatives, projects and companies to strengthen their empowerment and inclusive economic development, create new sources of employment and competition in goods and services.
III) Perform a personalized accompaniment which enables economic empowerment through autonomy in managing resources and developing their projects.
The event was attended by the Executive Director of UN Women, Sima Bacchus; the Minister for Europe and International Affairs of the Government of France, Catherine Colonna; and UN Deputy Secretary-General Amina Mohammed. Secretary Mohamed thanked Mexico for its commitment to support the Intergenerational Equality Forum process after serving as the host country in March 2021.
The UN and UN Women emphasized the need to turn more than 2,500 engagements into reality at the Intergenerational Equality Forum, hosted by Mexico and France. At this point of accountability, UN Women has data on 31% of all engagements and the need for: i) increased accountability was raised; ii) increased resources to fulfill commitments; and iii) creating more catalytic engagements.
For her part, Minister Catherine Colonna emphasized that she identifies herself danger of regression in the rights of women and girlsresulting from the actions of conservatives in power, especially with regard to sexual and reproductive rights Women’s. For this reason, they have also provided international funding for issues related to sexual and reproductive rights and sexual violence.
The meeting also featured the participation of multiple stakeholders such as the Bill & Melinda Gates Foundation, the governments of Burkina Faso, Liberia and Finland, the International Organization for Development Law, the Global Fund for Women, and others.
On the Mexican side, in addition to the Minister of Foreign Affairs, the Undersecretary for Multilateral Affairs and Human Rights Marta Delgado Peralta, the Director General for Human Rights and Democracy Christopher Balinas Valdes and the Deputy Permanent Representative of Mexico to the United Nations, Alicia Buenrostro. .
“With these actions it is shown that The Mexican government’s feminist foreign policy is paying off and Mexico reaffirms its leadership and commitment to the gender equality and human rights agenda for all women, adolescents and girls. Our foreign policy works to ensure social transformation and a sustainable and peaceful world,” SRE said in a statement.
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