The announcement was made to mark International Women's Day, which is held around the world every year on March 8. 

The funding comes from the NZ$265 million (£137 million/$189 million/€159 million) sport recovery package announced last year as a result of the economic impact of the COVID-19 pandemic.

WISPA had led a consortium of Government and sport agencies in 2018 to bring the IWG World Conference on Women and Sport to New Zealand.

It will run from May 5 to 8 2022 in Auckland. 

"The conference is a chance to celebrate the progress New Zealand has and continues to make for women and girls in play, active recreation and sport and society as a whole," said New Zealand Deputy Prime Minister and Minister for Sport and Recreation Grant Robertson.

"It also provides the opportunity to advance even more change as one of four major events in the country over the coming three years. 

"It’s important that we ensure this event is as successful as it can be.

"The IWG shares in this vision and provides an opportunity to connect New Zealand with the global conversation on gender equity in sport."

New Zealand is also set to host the Women’s Cricket World Cup and Rugby World Cup in 2022, before welcoming the FIFA Women's World Cup in 2023. 

The Rugby World Cup was pushed back from this year as a result of the global health crisis. 

Rugby player Kendra Cocksedge, footballer Katie Bowen and cricketer Sophie Devine, all from New Zealand, took part in a media event at Eden Park in Auckland to look forward to the years ahead. 

"It’s unbelievable to be a female athlete at this time," Devine said. 

"To have three women’s World Cups here in New Zealand over the next three years is just awesome so please get along and support these fantastic athletes."

WISPA chief executive Rachel Froggatt described the coming years as a "period of extraordinary social change for women and girls".

"The world’s best female athletes and the world’s best strategic thinkers in sport and physical activity are getting ready to travel to Aotearoa, to showcase their skills and talent across four major events," she said. 

"Together, these events will forever transform the visibility of women’s sport, but also significantly increase the value of sport and physical activity for women and girls at all levels of the system."