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Mercy Global Action CSW68 Parallel Event: Financing with Dignity
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Welcome to the official page for the Mercy International Association - Global Action parallel event in commemoration of the 68th Commission on the Status of Women.
We are delighted that you can join us.
Please scroll down for details of the event topic, full biographies of our guest speakers, key definitions, and some additional learning resources.
Event Summary
On March 15th, 2024, during the 68th Commission on the Status of Women, Mercy International Association - Global Action organized a powerful dialogue on the intersection of faith, values, and economic investment in the pursuit of gender justice. Contributors shared how their faith-based organizations have harnessed capital to combat poverty and uplift women and girls around the world. Emphasizing the moral and developmental imperatives of gender equality, this event urged a shift towards inclusive, values-driven investment models that prioritize well-being and human dignity over profit maximization, contributing to a more resilient and just global economy.
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Watch the recording of "Financing for Dignity"
Read Event Concept Note Learn about Mercy Beyond Borders Learn about VITA Learn about Francesco Collaborative Learn about Mercy Investment ServicesOur Guest Speakers
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Recommended Resources
General
- Financing for Gender Equality: UN Women Strategic Plan 2022-2025 - read webpage here.
- Financing for gender equality and women’s rights: the role of feminist funds - Journal article published by Oxfam, GB
- Women Deliver: Investment - Access webpage here.
- Money As Mercy: A Guide for the Global Mercy Community on Participating Meaningfully in the Impact Economy - read PDF here.
On Impact Investing & Socially Responsible Investing
- Impact Investor Guide 2024 - Access online magazine here.
- Global Impact Investing Network - Access website here.
- Investing in Women (Asia) initiative - Access website here.
- Impact Frontiers: Impact Measurement & Management platform - Access website here.
Key Definitions
| Common Term | Definition |
|---|---|
| Capital | Money, especially money used for producing more wealth. Adapted from https://dictionary.cambridge.org/dictionary/english/capital |
| Impact Investment | Investments made with the intention to generate positive, measurable social and environmental impact alongside a financial return. Source: https://thegiin.org/impact-investing/need-to-know/#what-is-impact-investing |
| Blended Finance | The strategic use of official development funds with other private or public resources, in order to 'leverage' additional funds from other actors. Adapted from https://policy-practice.oxfam.org/resources/blended-finance-what-it-is-how-it-works-and-how-it-is-used-620186/ |
| Public-Private Partnerships | Long term agreements between the public (government) and and private sectors whereby the private partner delivers and funds public services using a capital asset, sharing the associated risks. Adapted from https://www.oecd.org/gov/budgeting/oecd-principles-for-public-governance-of-public-private-partnerships.htm |
| Environmental, Social and Governance (ESG) | A set of considerations that assess the robustness of a company's governance mechanisms and its ability to effectively manage its environmental and social impacts. Examples of ESG data include the quantification of a country's carbon emissions, water consumption or privacy breaches. Source: https://www.gartner.com/en/finance/glossary/environmental-social-and-governance-esg- |
| Socially and Environmentally Responsible Investing | An investing strategy that aims to foster positive social and environmental outcomes while also generating positive financial returns. Source: https://www.forbes.com/advisor/investing/sri-socially-responsible-investing/#:~:text=Socially%20responsible%20investing%2C%20or%20SRI,to%20build%20an%20SRI%20portfolio. |
| Impact-washing / Greenwashing | Impact washing is when a company or fund manager overstates, exaggerates or falsely claims an investment's positive impact on the environment or society. Greenwashing is when a company or fund manager overrepresents the extent to which their practice or investments are environmentally friendly, sustainable or ethical. These terms are sometimes used interchangeably. Source: https://online.hbs.edu/blog/post/what-is-impact-washing https://asic.gov.au/about-asic/news-centre/articles/what-is-greenwashing-and-what-are-its-potential-threats/ |
| Equality vs. Equity | Equality means each individual or group of people is given the same resources or opportunities. Equity recognizes that each person has different circumstances and allocates the exact resources and opportunities needed to reach an equal outcome. Source: https://onlinepublichealth.gwu.edu/resources/equity-vs-equality/ |
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