Reshan Perera - Gender Lens Investing Mapping in The Global South: Sri Lanka

GENDER LENS INVESTING MAPPING IN THE GLOBAL SOUTH

SRI LANKA

by

Reshan Perera

The Copyright Act prohibits (subject to certain very limited exceptions) the making of copies of any copyright work or of a substantial part of such a work, including any unauthorized use, distributing, reproducing or similar process. The Publisher may be liable to criminal prosecution and civil claims for the damages caused. Written permission to make a copy or copies must therefore normally be obtained from the publisher (Nerdynaut.com) in advance. It is advisable also to consult the publisher if in any doubt as to the legality of any copying which is to be undertaken.

Copyright 2020 Nerdynaut. All Rights Reserved.

Title: Gender Lens Investing Mapping in The Global South: Sri Lanka

Publisher: Nerdynaut

Author: Reshan Perera

Edition: 1.0

Published Date: March 26, 2020

LIST OF FIGURES

F igure 1: GIIN

Figure 2: Criterion Institute

Figure 3: Methodology

Figure 4: Dalupothagama, Matale, Sri Lanka

Figure 5: PM of Sri Lanka at Diriya Kathun women empowerment program (DailyMirror, 2017)

Figure 6: LAN

Figure 7: Ideamart Sri Lanka

Figure 8: #IAMHER Winner Shafeeqa Siraj Receiving the awards (DailyFT, 2018)

Figure 9: WFA Logo

Figure 11: WFA - Thematic Breakup of Grants

Figure 12: LIIN

Figure 14: Blue Ocean Ventures

Figure 15: Venture Engine Empowering Entrepreneurs

LIST OF TABLES

Table 2: Progress and Status of indicators related to Gender Equality and empowerment under MDGs (Madurawala, 2016)

Acronyms

A OD - Academy of Design

CSR Corporate Social Responsibility

DFCC - Development Finance Corporation of Ceylon

GIIN - Global Impact Investing Network

GLI Gender Lens Investment

IAN Indian Angel Network

LAN Lankan Angel Network

LIIN Lanka Impact Investment Network

SDB - Sarvodaya Development Bank

UN United Nations

WFA Womens Fund Asia

WUSC - World University Service of Canada

Acknowledgments

I would like to offer my sincere gratitude to WUSC for providing me the opportunity to partner on this study on Gender Lens Investing and its contexts in Sri Lanka. I thank all the participants of the interviews for the valuable information and time provided that supported the successful completion of the study. Finally, special thanks go to Harshani Samarawickrama WUSC, Erin MacLeod Lead researcher and Michael Snow - WUSC for continuous guidance and support that helped me completing this report.

Executive Summary

W omen today are an unparalleled power in the worldwide economy as effective business people, corporate officials, and family providers. However, gender-based discrimination, the nonappearance of lawful rights of women and the determined wage gap obstinately remain. This oddity makes an extraordinary and underexplored open door for financial specialists.

Gender lens investment is the act of contributing for budgetary return while additionally considering the advantages to women. The term was authored around 2009 and turned into an undeniably famous practice in the mid-2010s.

Like different types of impact investing, it very well may test discover expansive open doors for a direct interest in sexual orientation focal point contributing. Portfolios along these lines regularly comprise of numerous little arrangements, which can be obstinate or tedious to gather. Experts of the training likewise contend that it solicits speculators to surrender some from the profits they could anticipate from a sexually impartial venture strategy.

Supporters of gender lens investment contributing contend that organizations with a higher-than-normal extent of women in official jobs will, in general, perform well, perhaps due to an expanded assorted variety of perspectives or on the grounds that not oppressing women enables organizations to enlist the best accessible talent. Business Insider composed of Gender lens investment focal point putting resources into 2015 that It is a demonstrated hypothesis as the majority of the ladies centered assets and venture procedures - a small cut of the $6.6 trillion-socially mindful contributing world - have been champion entertainers over the years. According to The Guardian, ladies in microcredit programs likewise will, in general, have higher reimbursement rates than men.

Joann Weiner of the Washington Post composed all the more warily of the methodology's capacity to convey better than expected returns: "Like all the rest, the ' gender lens investment procedure will have its great occasions, and it will have its harsh occasions... pursue a gender lens investment venture system in the event that it will benefit the society at large while simply not relying on raking in huge profits in the market on the off chance to execute.