There’s $20trillion of global LGBT+ wealth we could be leveraging to build a better world

 | 
10/08/2020

Many people talk about the ‘power of the pink dollar’ but few realize there’s $20trillion of LGBT+ wealth we could be using to build a better future. Some companies have truly realised the value of LGBT+ consumers and reflected this in their advertising. But fewer have embraced the idea of using ‘our money’ to push for greater equality. You may not be a millionaire with a global investment fund manager. But even if you have a pension or bank account, an investor somewhere is making decisions about how to use that money. So this includes all of us. Recent social justice movements including Black Lives Matter and the continued outcry over gender identity, re-enforces how pertinent social sustainability is. This really matters to marginalized communities. There is no doubt that the wealth of the LGBT+ community can significantly impact the global economy. It represents a large proportion of global GDP.

Regions:

Share this:

Latest Global News

Added on: 04/18/2024
04/17/2024
The Scottish government are set to introduce a bill to address prejudice and violence against women and girls – which rightly includes trans women and girls …
Added on: 04/18/2024
04/17/2024
Following a travel warning issued for LGBTQ+ tourists in Greece, these are the European countries that are most welcoming to queer people. When same-sex …
Added on: 04/18/2024
04/17/2024
Anti-LGBTQ bills and new laws are spreading around the world, including in several African nations and the former Soviet republic of Belarus. The proposed or …

Explore LGBTQ+ Issues

Other News from

Added on: 04/12/2024
The Vatican has issued a new document rejecting the concept of changing one’s biological sex — a setback for transgender people who had hoped Pope …
Added on: 04/05/2024
The United Nations Human Rights Council has passed its first ever resolution affirming the rights of intersex people, signaling growing international resolve to address …
Added on: 03/28/2024
WASHINGTON | The U.S. National Security Council met with Ugandan LGBTQ rights activist Frank Mugisha on Monday, according to a spokesperson who reaffirmed America’s …