Closing gender gaps in the private sector benefits over 850,000 women

Gender inequality costs the world approximately $12 trillion in global gross domestic product (GDP), with some countries experiencing up to a 35% loss. With the cost of economic inequality so high we cannot wait the estimated 169 years it will take to close the economic gender gap, one of the four dimensions that has been measured by the World Economic Forum’s annual Global Gender Gap Report since 2006. Progress in closing this gap has been further hampered by the COVID-19 pandemic, compounding the impact on women in leadership and gender gaps in earnings[…]

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