Breadcrumbs

Gender Parity Is Essential For Economic Recovery: These Five Investments Will Quicken The Pace

Authored by: Saadia Zahidi and Silja Baller

Categories: Human Rights
Sub-Categories: Economic Recovery
Region: No Region
Year: 2023
Citation: Zahidi, Saadia and Silja Baller. "Gender Parity Is Essential For Economic Recovery: These Five Investments Will Quicken The Pace." Forbes, March 8, 2023. Accessed May 14, 2024. https://www.forbes.com/sites/worldeconomicforum/2023/03/08/gender-parity-is-essential-for-economic-recovery-these-five-investments-will-quicken-the-pace/?sh=4f77b56e1776

Access the Resource:

Executive Summary

Progress towards gender parity has seen major setbacks in recent years and the risk of further regression is intensifying. The COVID-19 pandemic caused a generational loss, increasing the projected time to reach global gender parity from 100 to 132 years between 2020 and 2022. Women’s rights are under pressure around the world.

Achieving gender parity remains a formidable, multi-dimensional challenge. According to the 2022 Global Gender Gap Report, the two largest gaps remain in the realms of economic opportunity (with 60% of the global gender gap closed) and political empowerment (with only 22% of the gap closed). Where should we concentrate our collective efforts?