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Entrepreneurship is Key to Empowering Women in Asia-Pacific

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photo: Financial Express

Despite the progress made over the last two decades in empowering women in Asia and the Pacific, there remain huge gender gaps, particularly in the economic and political spheres. The ADB-hosted seminar “Breaking Barriers: Women Entrepreneurship in Asia and the Pacific” was held at ADB’s 51st Annual Meeting, with the participation of policymakers, entrepreneurs, researchers, and development practitioners.

The message from the seminar is that supporting women’s entrepreneurship is key to their economic empowerment.

“Women’s entrepreneurship is important because it helps us move closer to the goal of achieving a more gender equal Asia and the Pacific,” said ADB President Mr. Takehiko Nakao at the seminar. “Under our new Strategy 2030, ADB will pay increased attention to generating employment and entrepreneurship opportunities for women.”

Panelists at the seminar included International Labour Organization Director Mr. Graeme Buckley; Chief Executive Officer of Prelo (an Indonesian enterprise offering a retail-sharing e-platform) Ms. Fransiska Hadiwidjana; Undersecretary of the Philippines’ Department of Trade and Industry Ms. Zenaida Maglaya; President and Representative Director of Veolia Japan K. K. Ms. Yumiko Noda; and President of the Bangladesh Federation of Women Entrepreneurs Ms. Rokia Afzal Rahman.

In the theme chapter of the Asian Development Outlook Update 2015, ADB estimated that closing the existing gender gaps could generate a 30% increase in the per capita income of an average Asian economy in one generation or 30 years, and 70% in two generations.

The panelists agreed that while there is a long road ahead to full gender equality, policies supporting women’s entrepreneurship can help ignite momentum for this effort, together with access to information, government services, and credit. The seminar discussed various ways in which women entrepreneurs can overcome the multiple barriers they face and how the public and private sectors can help accelerate support for women startups and entrepreneurs.

Nearly half of ADB lending already has strong gender design elements. ADB under  Strategy 2030 will place an even stronger emphasis on women’s economic empowerment. Infrastructure projects will maximize women’s access to markets and opportunities for skilled jobs. Through enhanced technical and vocational education and training programs, ADB will enable women’s access to quality jobs in nontraditional, higher-paying sectors. ADB will also expand integrated support for women entrepreneurs through better access to finance, the adoption of new technologies, and policy and institutional reforms.

ADB has been adopting innovative approaches involving other partners in promoting women’s entrepreneurship. In April 2018, ADB received a $12.6 million grant from the Women Entrepreneurs Finance Initiative (We-Fi) (a global fund hosted by the World Bank Group) to help Sri Lankan women-led businesses obtain bank loans and improve business skills. This new source of funding complements ADB’s own financing of $175 million, which was approved earlier to encourage local partner banks to grow their small and medium-sized enterprise portfolios—especially for businesses that are outside Colombo or are women-led.

Mr. Nakao also mentioned ADB’s ongoing efforts to improving gender balance within ADB, with representation of women among international staff increasing to a record high of 35% in 2017—a step closer to the bank’s target of 40% by the end of 2022.

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Energy News

Korea shares experience of electric vehicles and renewable energy with Thailand

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The United Nations Industrial Development Organization (UNIDO) is supporting South-East Asian countries in combatting climate change through policy consultation and capacity building in the areas of renewable energy and energy efficiency.

At an event organized in cooperation with the Korea Energy Agency (KEA) and Thailand’s Department of Alternative Energy Development and Efficiency (DEDE), Ministry of Energy, Stein Hansen, UNIDO Regional Director and Representative of UNIDO Regional Office Hub in Thailand, highlighted the UNIDO project’s study on electric vehicle promotion in Thailand and the impact on the biofuel industry throughout the supply chain, and a road map to achieve 100% renewable energy use by industrial sector. 

Prasert Sinsukprasert, the Director General of DEDE, spoke about Thailand’s 20-year National Strategy plan and said the DEDE is delighted to partner with the project to come up with the draft policy of electric vehicles and roadmap to 100% renewable energy in Thai industry.

In a presentation on the current status and policies of electric vehicle distribution in the Republic of Korea, Minkoo Park remarked that in Korea the authorities provide incentives in the form of discounts on highway and parking charges and financial support for people purchasing electric vehicles. Hyein Jin provided information about Korea’s 2050 Carbon Neutrality Strategy.

All speakers agreed that the eco-friendly energy is challenging both in electric vehicles and renewable energy but that it is worth it to achieve sustainable growth.

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Africa Today

Mozambique: Violence continues in Cabo Delgado, as agencies respond to growing needs

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A woman and her baby who fled their home in northern Mozambique in November 2020 are now living in a camp for displaced people. © UNHCR/Juliana Ghazi

Civilians continue to flee armed conflict and insecurity in northern Mozambique, more than two months after militants attacked the coastal city of Palma, located in Cabo Delgado province, UN agencies reported on Friday. 

The UN refugee agency, UNHCR, reports that some 70,000 people have fled the city since 24 March, bringing overall displacement to nearly 800,000. 

People have been escaping daily for districts further south, or to neighbouring Tanzania. Thousands more are reported to be stranded in areas around Palma, with restricted humanitarian access. 

Shots fired, houses burned 

“Those fleeing have told UNHCR staff that the situation in Palma remains very unstable, with regular gunfire at night and torching of houses”, Spokesperson Babar Baloch said during a briefing in Geneva. 

UNHCR and partners recently assisted people living in dire conditions in remote areas around Palma, distributing relief items to some 10,000 who have been displaced. 

The agency continues to advocate for internally displaced people to receive protection and assistance, and for those seeking safety in Tanzania, to access asylum. 

Forced back into danger 

Mozambican authorities report that many people attempting to cross the river, which marks the border between the two countries, have been forcibly returned.  More than 9,600 have been pushed back since January, with 900 removals occurring over a two-day period this week. 

“UNHCR reiterates its call for those fleeing the conflict to have access to territory and asylum, and, in particular, for the principle of non-refoulement (no forced return) to be respected”, said Mr. Baloch. “Refugees must not be forced back into danger.” 

‘A children’s crisis’ 

The UN Children’s Fund, UNICEF, said needs are enormous in Cabo Delgado, located in a region that has barely recovered from a deadly cyclone in 2019.  

In the wake of the attack in Palma, some 2,000 children have no idea of the whereabouts of their parents, or even if they are alive, agency Spokesperson James Elder told journalists

“What is happening in Cabo Delgado is a children’s crisis – an emergency on top of an emergency – a deadly cocktail from the impacts of climate change, conflict and COVID-19”, he said. 

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Finance

Top 5 Examples of Best Nonprofit Grant Proposals

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small-business-economy

Introduction

Compiling a grant proposal is a complicated task. Nonprofits have to conduct ample amounts of research, create multiple drafts and compile everything to fit the criteria of the grant foundation. The odds of getting your proposal accepted are already stacked against you and the best way to ensure success is by staying prepared. One way you can make your grant proposal air-tight is by reviewing successful grant proposals. You can add points from previously successful documents to strengthen your case. 

Preparation is key

Drafting a grant proposal can be a lengthy process. It is a good idea to start gathering data and reviewing it beforehand. Reviewing successful grant proposals can help you get new ideas and perhaps, inspiration even. You can find a list of effective examples on the internet and we have compiled a few here to make things easy for you.

5 Examples of effective grant proposals

To ease the understanding, the examples are divided as per the sectors for which nonprofits often work.

Education

Education is a key foundation for society and if you are looking to seek a grant to support an educational initiative, this particular example might be conveniently helpful.

Salem Education Foundation: This particular grant was submitted by a school that sought to receive funding for enriched learning opportunities that lay beyond the scope of a conventional classroom. This particular grant proposal was written for history students of the school.

Youth

Children can be the most at-risk group of society and there are a multitude of nonprofits that aim to help them. Consequently, there are a huge number of grants that aim to help children fulfill their potential and lead happy lives. The following example is how a grant proposal should look like when the focus of their goal is improving the lives of children.

William T. Grant Foundation: This grant is given to those groups that actively conduct research that is solely focused on improving the lives of young people in the United States. The foundation often publishes accepted grant proposals to help guide those looking to apply. Review their proposals for a better idea on how to craft yours.

Individual and family support

If your nonprofit is actively seeking to serve the disadvantaged population of society, then you will need to submit a proposal that highlights their plight. The following proposal is an example that will help you decide the inclusions for your proposal.

Kennett Area Senior Center: This particular grant was submitted by the Kennett Area Senior Center to the community grant foundation. The grant proposal was a request for funds to provide assistance and necessary services for senior citizens.

Arts

If your nonprofit is aiming to raise funds for an arts program or a project, the following example demonstrates what your grant proposal should look like. Upon review you will be clear on what to include in your documentation:

University of Minnesota’s Imagine Fund: Take a look at various successful proposals that were submitted to the Imagine Fund program. This program is known for supporting arts-related projects.

Science

Whether it is scientific research, conservation, or any form of scientific endeavor, the following proposals can provide you with ideas for your grant proposal. You can review them and figure out what to include and how you can solidify the strength of your proposal.

NIAID: The National Allergy and Infectious Diseases grants various funds to institutes and nonprofits looking to drive advancement in the field of science and scientific research. You can peruse through various types of successful grants and figure out what made each one stand out.

Final thoughts

These examples are just some of many grant proposals that have achieved success. By studying them and reviewing the literature, your nonprofit can take away ideas and insights which can be useful in drafting your proposal.

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