HomeNewsIndiaReliance Foundation commits $10 mn to 'Women in Digital Economy Fund' to bridge gender digital divide

Reliance Foundation commits $10 mn to 'Women in Digital Economy Fund' to bridge gender digital divide

“The Women in the Digital Economy Fund (WiDEF) is a historic step for global collaboration to achieve the G20 commitment to close the gender digital divide by 2030 and Reliance Foundation is proud to come on board as a Global Anchor Partner,” said Isha Ambani, Director, Reliance Foundation.

September 21, 2024 / 19:04 IST
Story continues below Advertisement
Reliance Foundation's substantial support is expected to double the available funding for WiDEF in India, allowing for the development of knowledge products, dissemination of promising practices, and bolstering measurement and learning for grantees.
Reliance Foundation's substantial support is expected to double the available funding for WiDEF in India, allowing for the development of knowledge products, dissemination of promising practices, and bolstering measurement and learning for grantees.

Reliance Foundation has pledged up to $10 million to the Women in Digital Economy Fund (WiDEF) to help bridge the gender digital divide in India. This fund, launched by US Vice President Kamala Harris in March 2023, is a collaborative effort involving U.S. Agency for International Development (USAID) and the Bill and Melinda Gates Foundation (BMGF) to empower women economically and enhance their livelihoods through improved access to digital technology.

The WiDEF initiative seeks to identify and fund effective solutions that bolster women’s economic security and resilience. Managed by the GSMA Foundation with support from the global managing consortium, the fund aims to fulfill the 2023 G20 Leaders' commitment under India's presidency to halve the digital gender gap by 2030.

Story continues below Advertisement

Reliance Foundation's substantial support is expected to double the available funding for WiDEF in India, allowing for the development of knowledge products, dissemination of promising practices, and bolstering measurement and learning for grantees.

“The Women in the Digital Economy Fund (WiDEF) is a historic step for global collaboration to achieve the G20 commitment to close the gender digital divide by 2030 and Reliance Foundation is proud to come on board as a Global Anchor Partner,” said Isha Ambani, Director, Reliance Foundation. “We are committed to increasing our efforts to advance digital inclusion to improve women’s livelihoods, economic security and resilience. Through WiDEF, Reliance Foundation will work together to accelerate innovative solutions to empower women through technology in India and also share best practices with other countries to help drive global progress towards this shared vision for a more equitable future.”