We need urgent action to accelerate gender equality. Equality of opportunity for all is a matter of fairness and justice. It is essential for development. Women and girls are often more vulnerable to poverty, crises, and climate change. Gender equality and women’s participation in decision making – in communities, businesses, workplaces, and households – is key to well-being and prosperity. The evidence is clear: removing gender barriers unlocks economic productivity, reduces poverty, and deepens social cohesion. Closing the gender gap in employment could raise long-term GDP per capita by nearly 20 percent on average across countries.
The draft World Bank Group Gender Strategy raises our ambition to accelerate gender equality to end poverty on a livable planet, with a focus on innovation, financing and collective action.
Doing our part to speed up progress, our upcoming Gender Strategy (2024-2030) has three ambitious objectives to:
The evidence is clear: removing barriers for women unlocks economic productivity, reduces poverty and is fundamental to creating a world free of poverty on a livable planet. Here are 5 things to know about gender equality and the World Bank Group.
Roshaneh Zafar, founder of Kashf Foundation and pioneer of microfinance for women in Pakistan, is passionate about helping women take control of their economic futures.
A trailblazer in the field of urban design, City Scanner CEO Parul Sharma is creating safer, more livable and resilient roads, housing and public spaces in India.
Solutions that can boost women’s mobility:
🏥Prioritize road work near schools and hospitals
🚸Plan transport hubs accessible to daycare centers
💵Include transport subsidies in cash transfer programs for low-income women
Countries can better address the constraints faced by women traders by: Enhancing access to trade information; Using technology for trade; Improving private-public dialogue; Recruiting more women staff in border agencies.
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