Oct 2, 2019

Melinda Gates announces $1 billion plan to fight gender inequality

Photo: Bryan Bedder/Getty Images for THR

Melinda Gates announced in Time Magazine on Wednesday that she is committing $1 billion over the next 10 years to promote gender equality and grow "women's power and influence in the United States."

What she's saying: "Gender equality in the U.S. has been chronically underfunded. ... $1 billion is a lot of money, but I also recognize that it’s only a small fraction of what's necessary. That's why I hope the financial commitment I'm making today is seen as both a vote of confidence in the experts and advocates who are already working on these issues—and an invitation for others to join the cause and make commitments of their own...."

"Equality can't wait, and no one in a position to act should either."

Details... The resources will be used to achieve 3 goals:

  • Break down barriers that hinder women's professional advancement.
  • Fast-trace females in fields such as technology and media, and encourage women to run for public office.
  • Mobilize people to encourage organizational reforms.

Go deeper: Bill Gates: Gender inequality affects every country on Earth

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How women's issues became Melinda Gates' issue

Photo: Michele Crowe/CBS via Getty Images

Melinda Gates told me in an interview earlier this year that she initially eschewed a focus on women's issues, seeing it as one of the "soft" areas typically reserved for female philanthropists.

Driving the news: Gates said she realized that women's issues were actually the key to the other areas that she is passionate about: global health, education and economic equality.

Go deeperArrowOct 3, 2019

Women's equality reframed

Illustration: Aïda Amer/Axios

Slowing global growth and stagnating investment returns have created a fertile environment for a novel idea: gender equality. It has been front and center at the autumn IMF-World Bank meetings — now framed not as an altruistic appeal, but as an economic imperative.

Why it matters: New IMF managing director Kristalina Georgieva looks to be bringing that imperative to the economic policy focused Fund rather than the philanthropically minded Bank, a major change for how issues of diversity and equality are viewed.

Go deeperArrowOct 18, 2019

Joe Biden's campaign has a new strategy to win over female voters

Photo: Mario Tama/Getty Images

Joe Biden's presidential campaign is launching the "Women for Biden" group today in its latest effort to target specific voters ahead of the primaries next year.

Why it matters: Female voters and candidates helped Democrats win races at all levels across the country in the 2018 midterms. Biden's campaign is hoping to extend that trend into 2020 and highlight how he'd fight against "Trump's war on women," as the campaign put it.

Go deeperArrowOct 7, 2019