Moneda Moves (125): Investing In Women Is Key In Pandemic Recovery, at Davos
It’s good to be back, mi gente. At Moneda Moves, we are usually focused on all things US-based, but today we are going to take a bit of a virtual trip across the pond to Davos, Switzerland, for some of our coverage during the World Economic Forum annual meeting. It begins today.
Given that several of the designated issues for this year disproportionately impact already disenfranchised communities, you can bet we will be paying close attention during the first conference of its kind since the pandemic began.
This is the annual conference attended by some of the 2,000+ most powerful people (politicians, business people and otherwise) in the world to discuss pressing issues of the moment. This year, talking points include:
The immediate socioeconomic and health consequences of COVID-19
The war in Ukraine and moral action needed
Climate change and the path forward
While this is not the only event we watch for solutions around current socioeconomic issues and it does get its fair share of criticism from activists, this is a top of mind conference for business journalists and I’ll tell you why: It’s about having context. From our perspective, it’s a more clear look at how people with influence and power view the path forward from global challenges that impact us all.
Just one of the pieces published for the Davos annual meeting is about investing in women and diverse entrepreneurs as a way forward from the pandemic, which today continues to severely affect parts of the globe. The piece addresses:
Lack of access to funding for women and people of color
Need for more representation in the venture capital space
How diverse founders still do efficiently generate capital, despite limited access to funding
Other headlines to take stock of heading into WEF’s meeting:
The motherhood penalty: How childcare and paternity leave can reduce the gender pay gap
Two ways corporates can support women entrepreneurs
What's a 'living wage' and why's paying it good for business and workers?
Con poder,
Lyanne
Headlines to put on your radar.
Shameless plug, your host of Moneda Moves is back in the freelance saddle! Catch us in Hispanic Executive magazine and Refinery29 in the past week, writing about generational wealth.
How to build generational wealth: In a very pragmatic article for Hispanic Executive, we speak with Latinx financial experts across the country and build a straightforward guide to building generational wealth. Among the strategies? Work out a retirement plan, invest in real estate, the stock market and starting a business.
“Generational wealth is an option for us”: In a more personal piece for Refinery29, I wrote about my personal experience and upbringing with personal finance as a first generation and mover in my family. I also spoke with Latina financial educators about their personal journeys with money and how they started building and growing their generational pot of money.
Latinx brands are growing fast — but still hard to find on store shelves: Per a study by the Stanford Graduate School of Business, Latinx-owned businesses have grown 34% in the last 10 years. But many of these household names only operate direct to consumer or via big retail’s exclusively online section. Additional funding would help bring Latinx-owned brands to retailers. This article describes the journey of a product to the shelves of a store like Target.
Thank you for joining us! Until next week, catch us here on Moneda Moves.