Australia invests US$4 million for women's economic empowerment initiatives

On November 14, 2022, Minister for Overseas Development and the Pacific Pat Conroy announced that the Australian government would invest A$6 million (US$4 million) through its 'Emerging Markets Impact Investment Fund.'

This fund aims to mobilize private finance for medium and small-sized enterprises, unlock millions of dollars through private impact investment, and support women by investing in businesses that empower girls and women.

The commitment was channeled through the Southeast Asian Women’s Economic Empowerment Fund, a women-led fund active in Vietnam, the Philippines, and Indonesia.

Press release – Minister for Overseas Development and the Pacific