Closing Gender Gaps in Economy Could Add Trillions, Boost Growth and Resilience
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Investing in women's economic empowerment can reduce poverty, boost economies, and increase resilience. Closing the financing gap for women entrepreneurs could grow the global economy by $10 trillion.
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Governments can help by providing affordable credit to women's self-help groups, building digital infrastructure for financial inclusion, and changing policies to increase women's control over earnings.
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Removing barriers that constrain women's productivity in agriculture and elsewhere can significantly boost output. Access to contraception also links to greater economic power.
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Investing in childcare increases women's workforce participation and incomes. Increasing childcare access across 15 countries could add $1.2 trillion to GDP.
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Gender equality should remain a priority amid crises, as evidence shows women's economic participation central to solutions. Investing in women is urgent, promising and actionable.