To achieve gender equality and empower all women and girls, Henriette Kolb, Manager of Gender and Economic Inclusion Group, International Finance Corporation discusses the Gender Investment Gap. Understanding how resources from both public and private sector could leverage multiple SDGs to achieve the 2030 agenda and close gaps between women and men.
Gender equality is not only a social and moral imperative, but also an economic necessity. Across the world, countries are losing $172 trillion in wealth because of differences in lifetime earnings between women and men, according to a recent World Bank Group study.
Companies, however, are increasingly realizing that they can gain greater competitive advantage and improve profits by targeting women as employees, entrepreneurs, consumers, and business leaders. Closing gaps between women’s and men’s economic participation drives the growth of businesses and economies and improves the lives of families and communities.
This conversation will foster a unique opportunity to showcase the action that is being done by the UN, Governments and private sector, to speak about how important these partnerships are in these urgent times for the lives of the most vulnerable and for the planet. At the same time, it would provide insight on the work plan of IFC in Gender and how it impacts the achieving of other SDGs.
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Henriette Kolb, Manager of Gender and Economic Inclusion Group, International Finance Corporation
Moderated by Lisa Kurbiel, Head of Secretariat, United Nations Joint SDG Fund