The United Nations celebrates International Women’s Day with the theme “Count Her In: Invest in Women. Accelerate progress”. This emphasizes that investing in women can make impactful changes for a better society.
Based on The Gender Snapshot 2023, more than 340 million women and girls will be living in extreme poverty by 2030 if the current trends continue. Meaning, to achieve the “No Poverty” goal by 2030, the progress needs to speed up by 26 times. Also, an annual extra $360 billion is needed for gender equality and women empowerment goals.
Considering this, UN Women shared these 5 things to accelerate women’s economic empowerment.
- Resources – Women need access to financial resources for their basic needs and businesses, along with land, information, technology, and natural resources. These resources can help them invest in their growth which can lead to reduced gender-based violence, increased political and social participation, and better disaster risk reduction.
- Jobs – Women should be encouraged to thrive in different sectors, especially in science, technology, and engineering where they are underrepresented. Closing gender gaps in employment could result in a 20 percent increase in GDP, showcasing the importance of promoting equal job opportunities for women.
- Time – Women can reclaim their time by investing in care systems. This includes making more jobs in the care sector, giving more access to care services, and having support from the public and private sectors. Women can achieve work-life harmony.
- Security – Women’s security threats including gender-based violence, conflict, food insecurity, and lack of social protection should be addressed. Implementing gender-responsive social protection systems can reduce mortality rates among women, lift them out of poverty, and help them realise their rights and potential.
- Rights – Women’s rights should be promoted through effective strategies such as the adoption of laws and policies adopting laws supporting women’s economic empowerment, repealing discriminatory laws and legal frameworks, supporting women’s human rights defenders, and building joint advocacy programs.
For further discussion, check UN Women Australia
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Photo credits: UN Women, southworks
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