This updated Investment Design Document for Investing in Women reflects the opportunities and constraints of the evolving operational environments; the policy and budgetary settings of the Australian Government; and the lessons from Phase 1 implementation as identified through an independent Review process.
Published by: "Independent Reviewers (December 2018)"
Catalytic Capital for Women’s Economic Empowerment: Report of the External Review of Component 2 of the Investing in Women Initiative
This report summarises the findings of the external review of Component 2 (C2) on impact investing of the Investing in Women Initiative (IW) funded by Australia’s Department of Foreign Affairs and Trade (DFAT). The C2 review team has found that Component 2 of Investing in Women has been highly catalytic in its use of capital in Phase 1—with the ultimate aim of boosting women’s economic empowerment. It has deployed its funding in strategic and creative ways that leverage the investments of C2’s partners and other stakeholders to directly empower women entrepreneurs while progressively building the business case and ecosystem for closing financing gap for women-owned businesses in its three programming countries.
This report has also set out recommendations to inform the design and the activities of Phase 2 of the component. In general, the review team recommends that the design of Phase 2 should be based on the following priorities: 1) mobilise catalytic capital, especially Asian capital, for direct market interventions as well as the ecosystem-building needed for sustainable GLI; 2) build the business case using component successes to date to show early indications of commercial viability and learning; 3) lead by example in human resource policies and GLI reporting, to demonstrate the IW journey for partners, investees and supporters; 4) maintain the focussed GLI definition of investing in WSMEs while supporting the adaptations of IIPs and diverse perspectives in the broader ecosystem; 5) achieve thought leadership through the production and dissemination of new knowledge products (e.g. case studies, tip sheets), particularly documenting and reinforcing the business case; and 6) continue to create an enabling environment by leveraging strengths and experiences of all partners and advisors.
The accomplishments of Component 2 to date—which include include, testing and refining a grant-based model to incentivise GLI by investment partners, facilitating an internal strengthening of GLI capacity by impact investing partners, animating an ecosystem-building process in the region and globally, and achieving early significant leverage on private-sector capital in Phase 1 by C2 and its partners—show that IW and DFAT have played leadership roles in increasing capital flows to WSMEs and promoting gender lens investing. Therefore, the outlook for continued success by C2 in demonstrating the business case for investing in WSMEs, and advancing women’s economic empowerment, in Southeast Asia is very positive.
- Executive Summary
- Abbreviations and Acronyms
- Progress toward Intermediate and End of Program Outcomes
- Efficiency and effectiveness of program management
- Sustainability of the Program
- Directions for Phase 2
- General recommendations
- Detailed recommendations
- Annex A: Documents reviewed
- Annex B: Persons consulted
- Annex C: Theory of Change table
- Annex D: Additional background information
- Annex E: Stakeholder workshop
The Global Gender Gap Index Report 2018
This report benchmarks national gender gaps on economic, education, health and political criteria, and provides country rankings that allow for effective comparisons across regions and income groups.
Five years of Workplace Gender Equality Agency data
This fact sheet/booklet provides a detailed picture of the state of gender equality in Australia’s workplaces. The report is compiled by the Workplace Gender Equality Agency using 5 years of reporting data.
How the gender pay gap varies across south-east Asia
Indonesia is the only country where satisfaction over career progression is higher among women than men, according to the December 2017 survey of 5,000 urban respondents in ASEAN economies found that.
Vietnam had the largest proportion of respondents who said that women have fewer opportunities than men.
Women, Work and Care (Indonesia)
This report summarises the current situation of women in Indonesia and discusses how family responsibilities are holding women back in the workplace.
The Landscape for Impact Investing in Southeast Asia
The Landscape for Impact Investing in Southeast Asia report provides a comprehensive analysis of impact investing activity in the region between 2007 and 2017.
The power of parity: Advancing women’s equality in Asia Pacific
Based on a best-in-region scenario, if women could participate fully and equally in the economy, Indoesia could add USD 135 billion a year, and the Philippines USD 40 billion a year to annual GDP by 2025.
Gender Gap in Earnings in Vietnam: Why Do Vietnamese Women Work in Lower Paid Occupations?
Women in Vietnam earn on average VND 3 million less per year than men — or around a month’s income.
The analysis finds that, despite the fact that Vietnamese girls aspire to higher-paid occupations than boys in childhood, women forego higher pay to work in occupations and industries that offer better non-monetary benefits (paid leave, lower weekly hours, health insurance, and social insurance) — a choice that may be driven by an unequal distribution of house- and care- work.
Still looking for room at the top: Ten years of research on women in the workplace
This overview of McKinsey’s research in the last 10 years on women in the workplace presents a strong business case for gender equality.
Work and Economic Participation in the Philippines
Information technology was the most common field of study for all female university students in 2017.
The labour force participation rate for women in the Philippines in 2017 was 46.2% (versus 76.2% for men), while the unemployment rate was 5.2% (versus 6% for men).