Context:
The ‘Alliance for Global Good Gender Equity and Equality’ was announced at the World Economic Forum’s (WEF) annual meeting at Davos with the support of India.
About the Alliance for Global Good Gender Equity and Equality:
- Origin: The idea of this alliance emerged from the G20 Leaders’ Declaration and India’s abiding commitment to the cause of women-led development.
- Objective: To bring together global best practices, knowledge sharing and investments in the identified areas of women’s health, education, and enterprise.
- Key Collaboration:
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- Network Partner: The World Economic Forum
- Institutional Partner: Invest India
- Strengthening G20 Commitments Towards Women: It will build on the initiatives within the G20 framework, including the Business 20, Women 20, and G20 EMPOWER.
- Foundation Support: The alliance will be housed and anchored by the CII Centre for Women Leadership supported by the Bill and Melinda Gates Foundation.
World Economic Forum
- Genesis: It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland.
- About: It is the International Organization for Public-Private Cooperation.
- Objective: It strives to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance.
Invest India
- It is investment promotion agency, the advisor, guide, and facilitator to every investor looking to make a home in India.
- It offer a one-stop solution to global and domestic investors.
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Also Read: Davos Summit 2024
News Source: PIB