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Ronit Ghose

Ying Qin

Ronak S Shah

Amy Thompson

Today, women participate in entrepreneurship at 80% the rate of men, according to Global Entrepreneurship Monitor (GEM). This marks a significant improvement over the past 20 years: the equivalent report in 2001 found that women participated in entrepreneurship at roughly half the rate that men did across the countries included in that year’s data set. However, while the pick-up in the simple participation rate is welcome, it masks the fact that women still face many more challenges than men in starting and growing a business. Moreover, much of the growth in participation has been in developing economies where women often start businesses with minimal capital as solo-entrepreneurs in part because they find it even harder to access suitable employment in the formal economy. The International Labour Organization (ILO) estimates that, in 2021, women’s participation in employment was 63% that of men, meaningfully lower than the participation rate as entrepreneurs. There is sadly no shortage of worrying statistics to demonstrate the barriers that many female entrepreneurs face. Lack of access to finance is one of the greatest challenges that women entrepreneurs face around the world. The barrier is perhaps best documented at the venture capital stage: global venture capital funding that went to women-led businesses reached 2.8% of all VC funding in 2019 and fell to 2.3% in 2020.[1] On other statistics, women-owned micro, small, and medium-sized enterprises (MSMEs) make up 23% of the total number of enterprises but account for 32% of the total MSME finance gap. While critical in itself, access to finance is only part of the story, and simply improving access to finance is no guarantee that the entrepreneurial gender gap will close. Women’s entrepreneurial capacity is also materially under-leveraged. The ILO, for example, estimates that 50% of women’s entrepreneurial potential is underused, compared with just 22% of men’s.[2] And, according to the World Bank, 104 out of 190 countries still have legal barriers to women's entrepreneurship. Women entrepreneurs face a series of other barriers in accessing the full business ecosystem. These barriers come with different considerations in different countries, especially in developing economies, but range across legal, cultural and practical limitations on women’s participation in commerce; the difficulty of accessing national and international markets; challenges in building personal networks, with links to mentors who can help navigate the business ecosystem; less access to education and training, especially in business and digital skills; and disproportionate caring and domestic responsibilities, especially among married women. In aggregate, our analysis finds that closing the gender gap in business growth globally could add up to $2.3 trillion to GDP and up to 433 million jobs on a conservative estimate of the substitution effect in the labor market. In addition to simple gains in economic growth and output, women’s economic empowerment also drives much wider social and economic multiplier benefits across families and communities. Women-owned or led businesses generally employ more women employees, which can help drive a virtuous circle in further boosting women’s economic empowerment. In addition, women tend to invest more of their income than men in the health, education, and welfare of their families and communities. Women entrepreneurs can also play a decisive role in achieving the UN Sustainable Development Goals more broadly. Empowering women entrepreneurs is itself an exercise in development as they will create jobs, generate income, build human capital, and drive growth while reducing inequalities leading to reductions in poverty and hunger, and improving health and wellbeing. In addition, women are also an underused source of knowledge, perspective, and innovation, and the businesses they create can provide innovative solutions to global challenges. Having surveyed the global entrepreneurial landscape, we set out a series of recommendations for legislators and also for both public and private capital to help promote more gender-balanced outcomes. Financial institutions, including microfinance initiatives, banks, venture capital and private equity firms, and institutional investors, will be key to unlocking the opportunities around women entrepreneurs. We are here encouraged by two growing trends: the rapid transfer in wealth to women and the rise of environmental, social, and governance (ESG) and gender lens investing. We discuss these trends throughout this report. Unlocking the potential of women’s entrepreneurship requires micro-level interventions alongside a dismantling of macro-level constraints. It also requires concerted actions across the law, public policy and the private sector. Only by partnerships can we put all our resources to productive use and achieve scalable and sustainable impact. [1] Ashley Bittner and Brigette Lau, “Women-Led Start-Ups Received Just 2.3% of VC Funding in 2020,” Harvard Business Review, February 25, 2021. [2] International Labour Organization, Women at Work Trends, March 8, 2016. Authors: Ying Qin,Amy Thompson,Ronit Ghose, CFA,Ronak S Shah,

Today, women participate in entrepreneurship at 80% the rate of men, according to Global Entrepreneurship Monitor (GEM). This marks a significant improvement over the past 20 years: the equivalent report in 2001 found that women participated in entrepreneurship at roughly half the rate that men did across the countries included in that year&rsquo;s data set. However, while the pick-up in the simple participation rate is welcome, it masks the fact that women still face many more challenges than men in starting and growing a business. Moreover, much of the growth in participation has been in developing economies where women often start businesses with minimal capital as solo-entrepreneurs in part because they find it even harder to access suitable employment in the formal economy. The International Labour Organization (ILO) estimates that, in 2021, women&rsquo;s participation in employment was 63% that of men, meaningfully lower than the participation rate as entrepreneurs. There is sadly no shortage of worrying statistics to demonstrate the barriers that many female entrepreneurs face. Lack of access to finance is one of the greatest challenges that women entrepreneurs face around the world. The barrier is perhaps best documented at the venture capital stage: global venture capital funding that went to women-led businesses reached 2.8% of all VC funding in 2019 and fell to 2.3% in 2020.<a href="#_ftn1" name="_ftnref1" data-link-source="tiny">[1]</a> On other statistics, women-owned micro, small, and medium-sized enterprises (MSMEs) make up 23% of the total number of enterprises but account for 32% of the total MSME finance gap. While critical in itself, access to finance is only part of the story, and simply improving access to finance is no guarantee that the entrepreneurial gender gap will close. Women&rsquo;s entrepreneurial capacity is also materially under-leveraged. The ILO, for example, estimates that 50% of women&rsquo;s entrepreneurial potential is underused, compared with just 22% of men&rsquo;s.<a href="#_ftn2" name="_ftnref2" data-link-source="tiny">[2]</a> And, according to the World Bank, 104 out of 190 countries still have legal barriers to women's entrepreneurship. Women entrepreneurs face a series of other barriers in accessing the full business ecosystem. These barriers come with different considerations in different countries, especially in developing economies, but range across legal, cultural and practical limitations on women&rsquo;s participation in commerce; the difficulty of accessing national and international markets; challenges in building personal networks, with links to mentors who can help navigate the business ecosystem; less access to education and training, especially in business and digital skills; and disproportionate caring and domestic responsibilities, especially among married women. In aggregate, our analysis finds that closing the gender gap in business growth globally could add up to $2.3 trillion to GDP and up to 433 million jobs on a conservative estimate of the substitution effect in the labor market. In addition to simple gains in economic growth and output, women&rsquo;s economic empowerment also drives much wider social and economic multiplier benefits across families and communities. Women-owned or led businesses generally employ more women employees, which can help drive a virtuous circle in further boosting women&rsquo;s economic empowerment. In addition, women tend to invest more of their income than men in the health, education, and welfare of their families and communities. Women entrepreneurs can also play a decisive role in achieving the UN Sustainable Development Goals more broadly. Empowering women entrepreneurs is itself an exercise in development as they will create jobs, generate income, build human capital, and drive growth while reducing inequalities leading to reductions in poverty and hunger, and improving health and wellbeing. In addition, women are also an underused source of knowledge, perspective, and innovation, and the businesses they create can provide innovative solutions to global challenges. Having surveyed the global entrepreneurial landscape, we set out a series of recommendations for legislators and also for both public and private capital to help promote more gender-balanced outcomes. Financial institutions, including microfinance initiatives, banks, venture capital and private equity firms, and institutional investors, will be key to unlocking the opportunities around women entrepreneurs. We are here encouraged by two growing trends: the rapid transfer in wealth to women and the rise of environmental, social, and governance (ESG) and gender lens investing. We discuss these trends throughout this report. Unlocking the potential of women&rsquo;s entrepreneurship requires micro-level interventions alongside a dismantling of macro-level constraints. It also requires concerted actions across the law, public policy and the private sector. Only by partnerships can we put all our resources to productive use and achieve scalable and sustainable impact. <a href="#_ftnref1" name="_ftn1" data-link-source="tiny">[1]</a> Ashley Bittner and Brigette Lau, &ldquo;Women-Led Start-Ups Received Just 2.3% of VC Funding in 2020,&rdquo; Harvard Business Review, February 25, 2021. <a href="#_ftnref2" name="_ftn2" data-link-source="tiny">[2]</a> International Labour Organization, Women at Work Trends, March 8, 2016. Authors: Ying Qin,Amy Thompson,Ronit Ghose, CFA,Ronak S Shah,

Gender Gaps in Entrepreneurship Women engage in entrepreneurship at a lower rate than men (11% vs. 14%) and the gaps grow wider through each stage of entrepreneurship. The International Labour Organization estimates that 50% of women's entrepreneurial potential is underused, compared with 22% of men's.

Women engage in entrepreneurship at a lower rate than men (11% vs. 14%) and the gaps grow wider through each stage of entrepreneurship. The International Labour Organization estimates that 50% of women's entrepreneurial potential is underused, compared with 22% of men's.

Gender Gaps in Entrepreneurship

Barriers to Women Entrepreneurship Women entrepreneurs face two types of barriers: (1) access to finance, and (2) full participation in public life and the business ecosystem. These barriers appear at different stages of the entrepreneurial lifecycle.

Women entrepreneurs face two types of barriers: (1) access to finance, and (2) full participation in public life and the business ecosystem. These barriers appear at different stages of the entrepreneurial lifecycle.

Barriers to Women Entrepreneurship

What Opportunities Could Gender Parity Bring? Supporting women entrepreneurs (financially and non-financially) in growing their business is just as important as supporting them in starting their business. Women entrepreneurs are key to tackling global challenges, including catalyzing the post-COVID-19 recovery and addressing the UN Sustainable Development Goals.

Supporting women entrepreneurs (financially and non-financially) in growing their business is just as important as supporting them in starting their business. Women entrepreneurs are key to tackling global challenges, including catalyzing the post-COVID-19 recovery and addressing the UN Sustainable Development Goals.

What Opportunities Could Gender Parity Bring?

Key Actions to Unlock Potential Unlocking the potential of women entrepreneurs requires purposeful action and collaboration across all sectors. We recommend several key actions for financial institutions, government, and the private sector, including those below. IGOs and NGOs are key stakeholders and hold great influencing power and reach from policymakers to individual women and their communities.

Unlocking the potential of women entrepreneurs requires purposeful action and collaboration across all sectors. We recommend several key actions for financial institutions, government, and the private sector, including those below. IGOs and NGOs are key stakeholders and hold great influencing power and reach from policymakers to individual women and their communities.

Key Actions to Unlock Potential

Today, women participate in entrepreneurship at 80% the rate of men, according to Global Entrepreneurship Monitor (GEM). This marks a significant improvement over the past 20 years: the equivalent report in 2001 found that women participated in entrepreneurship at roughly half the rate that men did across the countries included in that year’s data set. However, while the pick-up in the simple participation rate is welcome, it masks the fact that women still face many more challenges than men in starting and growing a business. Moreover, much of the growth in participation has been in developing economies where women often start businesses with minimal capital as solo-entrepreneurs in part because they find it even harder to access suitable employment in the formal economy. The International Labour Organization (ILO) estimates that, in 2021, women’s participation in employment was 63% that of men, meaningfully lower than the participation rate as entrepreneurs. There is sadly no shortage of worrying statistics to demonstrate the barriers that many female entrepreneurs face. Lack of access to finance is one of the greatest challenges that women entrepreneurs face around the world. The barrier is perhaps best documented at the venture capital stage: global venture capital funding that went to women-led businesses reached 2.8% of all VC funding in 2019 and fell to 2.3% in 2020.[1] On other statistics, women-owned micro, small, and medium-sized enterprises (MSMEs) make up 23% of the total number of enterprises but account for 32% of the total MSME finance gap. While critical in itself, access to finance is only part of the story, and simply improving access to finance is no guarantee that the entrepreneurial gender gap will close. Women’s entrepreneurial capacity is also materially under-leveraged. The ILO, for example, estimates that 50% of women’s entrepreneurial potential is underused, compared with just 22% of men’s.[2] And, according to the World Bank, 104 out of 190 countries still have legal barriers to women's entrepreneurship. Women entrepreneurs face a series of other barriers in accessing the full business ecosystem. These barriers come with different considerations in different countries, especially in developing economies, but range across legal, cultural and practical limitations on women’s participation in commerce; the difficulty of accessing national and international markets; challenges in building personal networks, with links to mentors who can help navigate the business ecosystem; less access to education and training, especially in business and digital skills; and disproportionate caring and domestic responsibilities, especially among married women. In aggregate, our analysis finds that closing the gender gap in business growth globally could add up to $2.3 trillion to GDP and up to 433 million jobs on a conservative estimate of the substitution effect in the labor market. In addition to simple gains in economic growth and output, women’s economic empowerment also drives much wider social and economic multiplier benefits across families and communities. Women-owned or led businesses generally employ more women employees, which can help drive a virtuous circle in further boosting women’s economic empowerment. In addition, women tend to invest more of their income than men in the health, education, and welfare of their families and communities. Women entrepreneurs can also play a decisive role in achieving the UN Sustainable Development Goals more broadly. Empowering women entrepreneurs is itself an exercise in development as they will create jobs, generate income, build human capital, and drive growth while reducing inequalities leading to reductions in poverty and hunger, and improving health and wellbeing. In addition, women are also an underused source of knowledge, perspective, and innovation, and the businesses they create can provide innovative solutions to global challenges. Having surveyed the global entrepreneurial landscape, we set out a series of recommendations for legislators and also for both public and private capital to help promote more gender-balanced outcomes. Financial institutions, including microfinance initiatives, banks, venture capital and private equity firms, and institutional investors, will be key to unlocking the opportunities around women entrepreneurs. We are here encouraged by two growing trends: the rapid transfer in wealth to women and the rise of environmental, social, and governance (ESG) and gender lens investing. We discuss these trends throughout this report. Unlocking the potential of women’s entrepreneurship requires micro-level interventions alongside a dismantling of macro-level constraints. It also requires concerted actions across the law, public policy and the private sector. Only by partnerships can we put all our resources to productive use and achieve scalable and sustainable impact. [1] Ashley Bittner and Brigette Lau, “Women-Led Start-Ups Received Just 2.3% of VC Funding in 2020,” Harvard Business Review, February 25, 2021. [2] International Labour Organization, Women at Work Trends, March 8, 2016. Authors: Ying Qin,Amy Thompson,Ronit Ghose, CFA,Ronak S Shah, Gender Gaps in Entrepreneurship Women engage in entrepreneurship at a lower rate than men (11% vs. 14%) and the gaps grow wider through each stage of entrepreneurship. The International Labour Organization estimates that 50% of women's entrepreneurial potential is underused, compared with 22% of men's. Barriers to Women Entrepreneurship Women entrepreneurs face two types of barriers: (1) access to finance, and (2) full participation in public life and the business ecosystem. These barriers appear at different stages of the entrepreneurial lifecycle. What Opportunities Could Gender Parity Bring? Supporting women entrepreneurs (financially and non-financially) in growing their business is just as important as supporting them in starting their business. Women entrepreneurs are key to tackling global challenges, including catalyzing the post-COVID-19 recovery and addressing the UN Sustainable Development Goals. Key Actions to Unlock Potential Unlocking the potential of women entrepreneurs requires purposeful action and collaboration across all sectors. We recommend several key actions for financial institutions, government, and the private sector, including those below. IGOs and NGOs are key stakeholders and hold great influencing power and reach from policymakers to individual women and their communities.

Supporting women entrepreneurs and women-led businesses is not just the right thing to do socially, it is one of the smartest things to do economically.

Women Entrepreneurs - CitiGPS

Catalyzing Growth, Innovation, and Equality

Demonstrating and championing the economic case for gender equality in the global workplace has been a consistent feature of the Citi GPS series over many years. In this new report, we have turned our attention to advocating the business case for supporting women entrepreneurs to start and grow businesses. As the world seeks to build back from the pandemic, transition to a low carbon economy, and achieve the potential of the UN Sustainable Development Goals, we believe that building a gender-balanced playing field for entrepreneurs is critical. Supporting women entrepreneurs and women-led businesses is not just the right thing to do socially, it is one of the smartest things that governments, corporations, and the finance community could do economically.

Women Entrepreneurs

In 2022, we published a report, Citi GPS Report: Women Entrepreneurs – Catalyzing Growth, Innovation and Equality, which found that closing the gender gap in business growth could unleash an untapped pool of talent and innovation to address global challenges. In this series of conversations, we highlight some of the women building successful businesses to learn from their experiences. Please join us in conversation with Triin Linamagi, Founding Partner of Sie Ventures, to discuss: Barriers that women face in starting and growing their businesses Women entrepreneurs’ experience of raising capital in an economic downturn The innovative businesses that women entrepreneurs are building How the economic potential of women-led businesses can be unlocked

In 2022, we published a report, <a href="https://ir.citi.com/gps/BEmj0x3B9xI9lV1askcQ4i82kPQxePoOBbUjMQcA4UMMKvopj0lLpx5N9SKEpOiBewaKKUK7F7I%3D" target="_blank" rel="noopener" data-link-source="tiny">Citi GPS Report: Women Entrepreneurs &ndash; Catalyzing Growth, Innovation and Equality</a>, which found that closing the gender gap in business growth could unleash an untapped pool of talent and innovation to address global challenges.
&nbsp;In this series of conversations, we highlight some of the women building successful businesses to learn from their experiences.
&nbsp;Please join us in conversation with Triin Linamagi, Founding Partner of Sie Ventures, to discuss:
&nbsp;Barriers that women face in starting and growing their businesses
<ul type="disc">
<li>Women entrepreneurs&rsquo; experience of raising capital in an economic downturn</li>
<li>The innovative businesses that women entrepreneurs are building</li>
<li>How the economic potential of women-led businesses can be unlocked </li>
</ul>

Supporting women entrepreneurs and women-led businesses is the right thing to do and one of the smartest things that governments, corporations and finance communities could do economically. Yet, women entrepreneurs still face barriers to starting and growing their businesses. 

Women Entrepreneurs with SIE Ventures

Michelle Kennedy, Founder and CEO of Peanut in conversation with Sarah Courtney Dockett, Managing Director in Citi Private Bank. 
Key topics covered:
<ul type="disc">
<li>Her experience of building Peanut, and how she drives innovation</li>
<li>The challenges she has faced as a woman entrepreneur</li>
<li>What the financial community can do to better support women entrepreneurs</li>
<li>How successful women entrepreneurs can &ldquo;pay it forward&rdquo;</li>
<li>Michelle&rsquo;s advice for entrepreneurs</li>
</ul>
&nbsp;
About Michelle Kennedy:
Michelle Kennedy is founder and CEO of Peanut, one of the fastest-growing social networking apps for women focusing on fertility, pregnancy, motherhood and menopause, which has raised $23m to date. Michelle was formerly Deputy CEO of dating behemoth Badoo, and during her tenure was integral to and inaugural board member of Bumble, (which IPOd in 2021 at a $13bn valuation).
Having worked in social discovery for ten years, Michelle has unprecedented experience and understanding of the safety and growth components of building a social network for women and continues to execute on her mission to make Peanut the leading network to connect women when they need each other most. She is also a strategic investor in several early and late stage startups, and institutional venture capital funds.
For Citi Private Bank, Women in Wealth page, <a href="https://www.privatebank.citibank.com/women-in-wealth" target="_blank" rel="noopener" data-link-source="tiny">click here</a>

Michelle Kennedy, Founder and CEO of Peanut in conversation with Sarah Courtney Dockett, Managing Director in Citi Private Bank. 

Women Entrepreneurs - Backing Women-Led Businesses: In Conversation with Peanut

Supporting women entrepreneurs and women-led businesses is not just the right thing to do socially, it is one of the smartest things that governments, corporations and the finance community could do economically. Yet, around the world, women entrepreneurs still face barriers to starting and growing their businesses. 
&nbsp;
In 2022, we published a Citi GPS report, <a style="text-decoration: underline;" href="https://ir.citi.com/gps/BEmj0x3B9xI9lV1askcQ4i82kPQxePoOBbUjMQcA4UMMKvopj0lLpx5N9SKEpOiBewaKKUK7F7I%3D" target="_blank" rel="noopener" data-link-source="tiny">Women Entrepreneurs: Catalyzing Growth, Innovation, and Equality</a>, which found that closing the gender gap in business growth globally could add up to $2.3 trillion to global GDP (or a 3% increase), create up to 433 million jobs, and unleash an untapped pool of talent and innovation to address global challenges. 
&nbsp;
In this curated series of conversations, we highlight some of the women building successful businesses across sectors and in different regions to learn from their experiences. Our experts will explore the challenges women entrepreneurs still face, what is needed to better support them, and the significant economic opportunity that empowered women entrepreneurs present. 
&nbsp;

Supporting women entrepreneurs and women-led businesses is not just the right thing to do socially, it is one of the smartest things that governments, corporations and the finance community could do economically. Yet, around the world, women entrepreneurs still face barriers to starting and growing their businesses.

Women Entrepreneurs Series

Key topics discussed: How Oraan is creating financial solutions for underserved communities Her experience building businesses in Toronto and Karachi Attracting talented colleagues to join a woman-led fintech business What the finance industry can do to better support women entrepreneurs

Key topics discussed:
<ul type="disc">
<li>How Oraan is creating financial solutions for underserved communities</li>
<li>Her experience building businesses in Toronto and Karachi</li>
<li>Attracting talented colleagues to join a woman-led fintech business</li>
<li>What the finance industry can do to better support women entrepreneurs</li>
</ul>
&nbsp;

Halima Iqbal, Founder of Oraan in conversation with Ronit Ghose, Head of Future of Finance & Digital, Citi Global Insights. 

Backing Women-Led Businesses: In Conversation with Oraan

Key topics covered: - How The Psych.AI Group is using technology for good – and how other companies can too - Her journey through a distinguished career and into entrepreneurship - What the finance industry can do to better support women entrepreneurs

Key topics covered:
- How The Psych.AI Group is using technology for good &ndash; and how other companies can too
- Her journey through a distinguished career and into entrepreneurship
- What the finance industry can do to better support women entrepreneurs

In conversation with Anjuli Bedi, Founder and CEO of The Psych.AI Group.

Backing Women-Led Businesses: In Conversation with The Psych.AI Group

Key topics covered: Her experience building a business as a woman entrepreneur and Ukrainian refugee What home-staging is and how she creates a sense of comfort in the homes she stages How the business community can better support women entrepreneurs Her advice for women entrepreneurs at the start of their journey

Key topics covered:
<ul type="disc">
<li>Her experience building a business as a woman entrepreneur and Ukrainian refugee</li>
<li>What home-staging is and how she creates a sense of comfort in the homes she stages</li>
<li>How the business community can better support women entrepreneurs</li>
<li>Her advice for women entrepreneurs at the start of their journey</li>
</ul>

In conversation with Alisa Akopian, entrepreneur and home-stager.

Backing Women-Led Businesses: In Conversation with Alisa Akopian

Key topics discussed: - The challenges and complexity facing millions of families navigating caregiving needs for loved ones - The economic opportunities that the overlooked care economy presents - Lindsay’s experience building Wellthy – the category leader for care management as an employer benefit – as a woman entrepreneur and caregiver - How programs like the Citi Impact Fund invest in companies like Wellthy that are applying innovative solutions to help address some of society's most pressing challenges - How financial institutions can better support women entrepreneurs

Key topics discussed:&nbsp;
- The challenges and complexity facing millions of families navigating caregiving needs for loved ones
- The economic opportunities that the overlooked care economy presents
- Lindsay&rsquo;s experience building Wellthy &ndash; the category leader for care management as an employer benefit &ndash; as a woman entrepreneur and&nbsp; caregiver
-&nbsp;How programs like the Citi Impact Fund invest in companies like Wellthy that are applying innovative solutions to help address some of society's most pressing challenges
- How financial institutions can better support women entrepreneurs
&nbsp;

Lindsay Jurist-Rosner, Co-Founder and CEO of Wellthy, in conversation with  Meredith Shields, Head of Citi Impact Fund.

Backing Women-Led Businesses: In Conversation with Wellthy

Key topics discussed: • Rachel’s motivation for building purpose-led, climate tech company SWEEP • Rachel’s experience building multiple successful businesses as a serial entrepreneur • How women could lead the way in building a just transition into a low-carbon world • How financial institutions can better support women entrepreneurs

Key topics discussed:
&bull; Rachel&rsquo;s motivation for building purpose-led, climate tech company SWEEP
&bull; Rachel&rsquo;s experience building multiple successful businesses as a serial entrepreneur
&bull; How women could lead the way in building a just transition into a low-carbon world
&bull; How financial institutions can better support women entrepreneurs&nbsp;

Rachel Delacour, Co-Founder and CEO of SWEEP in conversation with Rashmi Ghai, Global Head of ESG at Citi Commercial Bank.

Backing Women-Led Businesses: In Conversation with SWEEP

Key topics covered: • How Paccari is shaking up the chocolate industry • The opportunity for businesses to have a positive social impact • How companies can embed sustainability into their business practices • What the financial community can do to better support women entrepreneurs

Key topics covered:
&nbsp;
&bull; How Paccari is shaking up the chocolate industry 
&bull; The opportunity for businesses to have a positive social impact 
&bull; How companies can embed sustainability into their business practices
&bull; What the financial community can do to better support women entrepreneurs
&nbsp;
&nbsp;

In conversation with Carla Barbotó, Founder and President of Paccari Chocolate.

Backing Women-Led Businesses: In Conversation with Paccari Chocolate

In this curated series of conversations organized by Citi and Lean In Equity & Sustainability, we focus on women building successful businesses in Clean Energy and Climate Solutions. Despite making up 39% of the global labor force, women only account for 16% of the traditional energy sector. Closing this gender gap to fully include women in the Clean Energy sector's technical, scientific, and business development is critical in ensuring a sustainable transition. Lean In Equity & Sustainability is an independent gender diversity and inclusion initiative operating under the LeanIn.Org umbrella.

In this curated series of conversations organized by Citi and Lean In Equity &amp; Sustainability, we focus on women building successful businesses in Clean Energy and Climate Solutions. Despite making up 39% of the global labor force, women only account for 16% of the traditional energy sector. Closing this gender gap to fully include women in the Clean Energy sector's technical, scientific, and business development is critical in ensuring a sustainable transition.
Lean In Equity &amp; Sustainability is an independent gender diversity and inclusion initiative operating under the LeanIn.Org umbrella.

Ndiarka Mbodji, Founder and CEO of Kowry Energy, in conversation with Courtney Lowrance, Head of EMEA Sustainability & Corporate Transitions, Citi.

Backing Women-Led Businesses: In Conversation with Kowry Energy

Maria Flouda, Founder and Managing Consultant of SS Consult, in conversation with Ying Qin, Global Thematic Analyst, Citi Global Insights.

Backing Women-Led Businesses: In Conversation with Sustainability Switch Consultancy (SS Consult)

In this curated series of conversations organized by Citi and Lean In Equity &amp; Sustainability, we focus on women building successful businesses in Clean Energy and Climate Solutions. Despite making up 39% of the global labor force, women only account for 16% of the traditional energy sector. Closing this gender gap to fully include women in the Clean Energy sector's technical, scientific, and business development is critical in ensuring a sustainable transition.
&nbsp;
Lean In Equity &amp; Sustainability is an independent gender diversity and inclusion initiative operating under the&nbsp;LeanIn.Org umbrella.

Vaitea Cowan, Co-founder and Chief Communications Officer, Enapter talks to Cathy Shepherd, Citi’s Global Head of Corporate Banking for Clean Energy Transition, about how Enapter is working to make green hydrogen affordable for all.

Women Entrepreneurs: Women in Energy – with Enapter

In this curated series of conversations organized by Citi and Lean In Equity &amp; Sustainability, we focus on women building successful businesses in Clean Energy and Climate Solutions. Despite making up 39% of the global labor force, women only account for 16% of the traditional energy sector. Closing this gender gap to fully include women in the Clean Energy sector's technical, scientific, and business development is critical in ensuring a sustainable transition.
&nbsp;
Lean In Equity &amp; Sustainability is an independent gender diversity and inclusion initiative operating under the LeanIn.Org umbrella.

Michelle Lingham, Founder of The Solar Power Café talks to Liz Curmi, Head of Climate Finance and Energy Transition for Citi Global Insights, about delivering renewable energy solutions in South Africa. 

Women in Energy – with Solar Power Cafe

Emma Watkinson, Founder and CEO of online retailer SilkFred, talks to Citi Private Bank&rsquo;s Madeline Seddon about driving growth in start-up fashion brands, becoming a one-stop-shop for affordable fashion online, and solving the problem of having nothing special to wear.
&nbsp;

Women Entrepreneurs: In Conversation with SilkFred

Jacqueline Heard, co-founder Enko Chem, talks to Citi&rsquo;s Adam Bergman about disrupting the crop protection sector, helping farmers control pests and disease while focusing on crop health, and supporting productivity and sustainability.

Women Entrepreneurs Series

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