The Finance in Common Summit (FiCS)1 Gender Coalition is focused on bringing together public development banks (PDBs) and key stakeholders to address pressing financial and developmental challenges, with a particular emphasis on advancing Sustainable Development Goal (SDG) 5: achieving gender equality and empowering all women and girls. The coalition’s expanding membership and ongoing engagement in regular discussions reflect a strong shared commitment to broadening the scope of themes that drive progress towards SDG 5, exchanging innovative ideas, and comparing experiences across regions and mandates.
In the context of the global care crisis2 —a significant barrier to gender equality—a group of coalition members, convened by the Asian Infrastructure Investment Bank (AIIB) and UN Women, has combined their insights and technical expertise to deepen the understanding of strategic investments in accessible, affordable and quality care infrastructure. These investments help reduce and redistribute the uneven care responsibilities falling on women, which, in turn, contributes to advancing gender equality and fostering the development of more inclusive and resilient economies worldwide.