March 15, 2024

Mercy Global Action CSW68 Parallel Event: Financing with Dignity

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

Join us for a powerful dialogue on the intersection of faith, values, and economic investment in the pursuit of gender justice. Contributors will share 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 aims to inspire 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.

Read Event Concept Note

Our Guest Speakers

Learn about Mercy Beyond Borders Learn more about Mercy Investment Services Learn More about VITA Learn more about Francesco Collaborative

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

Key Definitions

Common TermDefinition
CapitalMoney, especially money used for producing more wealth. Adapted from https://dictionary.cambridge.org/dictionary/english/capital
Impact InvestmentInvestments 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 FinanceThe 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 PartnershipsLong 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 InvestingAn 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 / GreenwashingImpact 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. EquityEquality 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/

Mercy World on Gender Justice

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