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With a starting injection of close to one million dollars, the United Nations and the Government of Bermuda put their new cooperation framework into action by launching a programme to close the business financing gaps that particularly affect women, the youth and people living with disabilities.
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The United Nations Joint SDG Fund has injected nearly $1 million into this programme which takes steps to facilitate the sustainable economic empowerment of women, youth and people with disabilities and their greater access to financial mechanisms, knowledge sharing and capacity building particularly in areas of agribusiness and fishing.
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Phylicia Alexander Lavia is the Foundress & Executive Director of Red Root SVG, a nonprofit in her home country of Saint Vincent & the Grenadines. Phylicia is a gender-based violence survivor and activist who advocates for the empowerment & support of underserved women, LGBTQ+ communities & children.
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Under a joint UN programme, UN Women, UNICEF and the OECS Commission are supporting national budget directors and finance officers from the Eastern Caribbean in conducting the gender analysis to design and cost measures, the outcome of which are budgets that are child and gender responsive.
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UN Women launched its flagship report “Progress of the World’s Women 2015-2016: Transforming Economies, Realizing Rights” which highlights how economies have failed to guarantee women's empowerment and the full exercise of their economic and social rights, in rich countries and poor countries.
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The call is being made for a more comprehensive approach to social safety nets in the region to ensure that they meets the needs of those in most need and position these beneficiaries to move towards self-reliance and out of poverty.