Developing effective partnerships to help finance empowerment programs for rural women and children.
Governments together with civil society lead the way!
The idea to start a WWSF 0.7% Fund was approved in 2006 by the WWSF Board of Directors with a unanimous decision to launch the Fund in 2007. Evolution is calling us to find new ways to connect with people at a deeper level.
Getting down to business; creating change and achieving impact by helping to advance the implementation of
MISSION OF THE 0.7% FUND
The empowerment of Rural Women and Women's organizations in their community work; honour and award their contributions to development; household food security and peace; advance their economic and social status; inform them of their basic human rights.
The empowerment of Child Rights organizations, the Media and Civil Society at large to participate in creating a new culture for better prevention of abuse and violence against children.
The empowerment of Governments, the Business Community, Corporations and individuals to stand up for responsible investment in the 0.7% Fund to help advance the UN development agenda, to scale up partnerships and enhance impact for change.
AIM OF THE 0.7% FUND
The Fund serves as an endowment which holds permanent assets, money, securities, or property that are invested to earn a fixed income to support WWSF program activities. The Fund will enhance long-term planning capabilities and ensure the ongoing success of WWSF initiatives, campaigns and projects. The Fund is meant to be a human chain of solidarity, commitment and sharing to help realize the promised UN development goals by 2015. All monies donated or loaned to the Fund are kept intact. Only the interest generated, year after year, is used for program/project funding.
HISTORY OF THE 0.7% CONCEPT
In 1970, the UN General Assembly adopted a resolution that the wealthiest nations of the world would commit 0.7% of their annual Gross National Product (GNP) to aid developing countries. This goal has not been met.
WHY A WWSF 0.7% FUND
Because of the 0.7% history, WWSF is using 0.7% as a metaphor for increased donations from governments and civil society as an investment to help achieve the UN development agenda. The Fund seeks to recapture the original spirit of the 0.7% pledge and use this number as a catalyst to inspire governments and civil society for a renewed commitment to the eradication of extreme poverty.
Combating poverty and upholding Human Rights are urgent matters today
as global inequalities are growing at a staggering rate. In Africa, half the population lives with less than one dollar a day. Although the continent accounts for nearly a sixth of the world population, it represents less than 3% of global trade and lags behind in other areas, including investment, education and healthcare. These problems need to be tackled urgently, as the increasing gap between rich and poor fuels resentment and erodes global solidarity.
SOURCES FOR THE WWSF 0.7% FUND
Funds are solicited from Governments or public sources; the private sector; multinational corporations; international and national foundations; philanthropy services; wealthy individuals; legacies and non-governmental organizations.
WWSF BACKGROUND AND PROGRAMS
Founded in 1991 as a not-for-profit, non-confessional, humanitarian, Swiss Foundation and international NGO, with United Nations consultative status (ECOSOC, UNFPA and DPI), WWSF serves as a global empowerment network on the premise that women and children represent almost 75% of the world's population and as the largest constituency have almost nothing to say in shaping the political, economic and social space in which they live. WWSF works to help change this situation by serving the implementation of women and children's rights and the UN Millennium Development Goals with annual initiatives, world days and prize award programs for the empowerment of women, children and NGOs. The website's listing of the prize winners and their activities offers models for creative solutions to development problems women encounter in many parts of the world.www.woman.ch
HOW TO INVEST
MAKE A DIFFERENCE IN THE WORLD!
11 avenue de la Paix, 1202 Geneva Switzerland Tel: +41 22 738 66 19/Fax: +41 22 738 82 48