In a groundbreaking Clinton Global Initiative (CGI) Commitment to Action, the Global Banking Alliance for Women - an international consortium of financial institutions driving women's wealth creation - announces a plan to mobilize $4.3 billion in capital for women-owned businesses worldwide, opening up financial access for an additional 2 million women.

Women make up 40 percent of the world's workforce and control $20 trillion in consumer spending, yet they remain underserved by banks. The International Financial Corporation estimates that there is a credit gap of nearly $300 billion for registered women-owned micro, small and medium-sized enterprises. This gap in access to capital is a significant barrier to full financial inclusion for women in the global economy.