Get2Equal Myan (IFC-602279)

Countries
  • Myanmar
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jun 22, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Not disclosed
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Sep 16, 2019

Disclosed by Bank Feb 23, 2018


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Project Description

Accordiang to the IFC website, the goal of Get2Equal is to close employment gaps between men and women in Myanmar by demonstrating the business case for the private sector to invest in gender equality. The case for gender equality is compelling. Gender equality is good for business and is also associated with improved national economic growth, increased organizational performance, better ability to attract and retain talent and enhanced firm reputation.

Get2Equal is part of a regional program which focuses on engaging lead firms in strategic and high growth sectors to achieve gender equality. The project seeks to support companies in Myanmar with tools, experience and capacity to develop business solutions to close the gender gap. It will concentrate on improving the capacity of business to attract female talent into sectors and jobs not traditionally held by women; retain female talent in the jobs including once they have children; and develop female talent into management positions.

The project will deliver impact by: 1) developing industry- and country-specific research to capture evidence on gender gaps and solutions; 2) working directly with clients that have strategic relevance in key sectors; and 3) creating opportunities for companies to benefit from peer learning.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

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