This February, President Trump announced his new Women’s Global Development and Prosperity Initiative (W-GDP), a “whole-of-government” approach that aims to promote women’s economic empowerment (WEE) across the globe.
Framed as a component of his National Security Strategy, W-GDP builds around three core pillars of intervention. The first pillar, “women prospering in the workforce,” advocates for workforce development, vocational and skills training to increase women’s labor force participation. The second, “women succeeding as entrepreneurs,” supports expanding access to capital, markets, and networks to help women grow their small businesses. The third pillar, “women enabled in the economy,” seeks to remove legal, regulatory and cultural barriers that inhibit women’s equal participation in the economy. The President also proposed the establishment of a $50 million fund within the U.S. Agency for International Development (USAID) to support new projects in line with the W-GDP agenda. The initiative aims to reach 500 million women by 2025.