Fashion brands and NGOs are collaborating on a new initiative that aims to raise at least $10 million to support women in global supply chains. The Resilience Fund for Women in Global Value Chains is a joint initiative from Business for Social Responsibility (BSR), the United Nations Foundation’s Universal Access Project, and Women Win/Win-Win Strategies, its founding partners. When Covid-19 struck in early 2020, and governments channeled resources into relief initiatives, the Fund’s founding partners wanted to go further by tackling the deeper and pressing needs of women during the pandemic. The global health crisis has especially undermined women’s autonomy and well-being, as women make up the majority of the workforce in global supply chains. The initiative has grown to include the Gap Foundation, PVH, the H&M Foundation, VF Foundation, and Ralph Lauren Corporate Foundation. The collaborative funding project aims to raise at least $10 million in pooled funding over three years. The funds will be disbursed to local and regional women’s funds, women-led organizations, and feminist leaders.
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