Climate change and gender inequality are among the world’s most pressing and complex development challenges. Women are catalysts for innovative solutions to tackle climate change. However, their underrepresentation in decision-making processes and labour markets means that women are prevented from fully contributing to climate-related planning, policy-making and implementation. Recently, WUSC joined partners in celebrating the development of a new roadmap for climate finance and marked the culmination of a unique project at the intersection of climate finance and gender implemented by a consortium of partners including ANDE and AKFC and generously funded by Global Affairs Canada. The purpose of the Roadmap is to present recommendations to donors on how to facilitate women climate entrepreneurs’ access to appropriate climate finance, contributing to greater equality and inclusion in sub-Saharan Africa while advancing innovative and transformative women-led climate solutions.

"This report offers a trend analysis of women’s entrepreneurship in 50 countries, five global regions and three national income levels. We focus on four key themes in the first half of the report, followed by a closer analysis of region- and country-specific patterns in the second half. The four themes are (1) gender differences in rates at various points in the entrepreneurial lifecycle, from intentions through to startup activity, new business, established business and business exit; (2) gender differences in COVID impacts, both positive and negative; (3) structural inequalities and women’s participation in high-potential startups; and (4) factors in the enabling environment that likely influence gender differences in entrepreneurial activity.

Our findings offer insights to a diverse audience of researchers, policymakers, educators and practitioners. Our goal is to highlight areas where women entrepreneurs have made significant progress, where the COVID-19 pandemic impacted their business outcomes, and where there are still gaps, challenges and opportunities that can be better addressed."

Enterprise growth in the developing world is often constrained by capital, lack of training and skilled labor, market frictions and a general difficulty in identifying ventures with greater growth potential. In the case of women, entrepreneurship or self-employment is constrained further by several additional factors, such as lower levels of education and skills acquisition, restricted mobility, a higher burden of care work and social norms regarding appropriate work for women. The expansion of e-commerce and internet access in recent years has led us to investigate if digital technology could be leveraged in our setting to improve these skilled women’s access to wider product markets and enhance their earnings. This project update shares the methodology used to address this research question and early insights that have emerged so far.

The Middle East and North Africa (MENA) is the region with the lowest rates of female-owned business, as only 10% of all firms are owned by women. Increasing and promoting female entrepreneurship is therefore very important and has a high potential to broaden labour force participation and diversify the economic landscape of MENA countries. This project aims to address this issue by assessing the effectiveness of an export promotion program targeted at female-owned enterprises in Tunisia who have the objective to export to other African markets. This project update shares the methodology used to address this research question and early insights that have emerged so far.