Former President Clinton Announces World Bank, Nike Foundation, Denmark and Liberia CGI Commitment to Unleash Economic Opportunity for Adolescent Girls in Liberia
Friday, September 26, 2008 9:03 AM
Symbols: NKE

As the first Commitment featured at the Opening Plenary of the Clinton Global Initiative Annual Meeting Wednesday, Former President William Clinton announced the Adolescent Girls Initiative, an innovative public-private partnership between the World Bank, the country of Liberia and the Nike Foundation. Those present to announce the partnership included Her Excellency President Ellen Johnson-Sirleaf of Liberia, World Bank Managing Director Ngozi Okonjo-Iweala, and Maria Eitel, President of the Nike Foundation. Also joining in the Commitment, though not present, is Ulla Tørnæs, Denmark’s Minister for Development Cooperation.

This significant Commitment and collaboration, which will be launched at the World Bank on 10 October, aims to increase economic opportunities for adolescent girls as part of the effort to reconstruct Liberia after 14 years of war.

The program targets girls specifically because of the girl effect – the ability of adolescent girls in developing countries to bring unprecedented economic and social change to their families, communities and countries. For example, research has shown that girls and women will reinvest 90% of their income back into their families, as compared to 35-40% for males. Because girls are central to the intergenerational transfer of wealth the collaboration intends to focus on programs and services designed specifically for them.

“We are thrilled to have the support of the World Bank, Denmark and the Nike Foundation and expect this collaboration to serve as a model for Africa and the world. As powerful economic actors, girls represent our nation’s future; this partnership is essential to Liberia’s post-conflict recovery,” explains President Johnson Sirleaf.

The Adolescent Girls Initiative will identify employment needs in Liberia, and provide relevant skills training to adolescent girls, matched to paying jobs. The training offered to girls aged between 16 and 24 will focus on technical skills, as well as the integration of life-skills training to address some of the crucial barriers to the development of adolescent girls’ economic independence. Employment in high-growth and high-need sectors, such as agriculture, entrepreneurship, emerging industries, urban services, infrastructure, public works and health care, is a major focus. Initially designed to reach 1,500 adolescent girls and young women, the partners aim to see the work brought to scale in Liberia and replicated in other developing countries.

“There’s a strong argument for investing in girls.


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