Gender-lens Investing gaining momentum
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Over the last few years, there has been a dramatic increase in gender lens investing, a strong indication that the financial sector is working to balance a legacy of lopsided investments. Finnfund, a Finnish development financier and impact investor, has since April 2019 invested over €121m in companies that promote women’s empowerment in developing countries. “Investing in gender equality is important because globally, there are major differences in the status of men and women and their opportunities to participate. Finnfund assesses each of its investments before making a decision, taking into account whether the investment can be expected to promote gender equality,” says Ulla Huotari, Investment Manager at Finnfund.
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