Fatshimetrie recently covered a major event highlighting the World Bank’s Gender 30 strategy, unveiled by Ajay Banga during a meeting with former Chilean President Michelle Bachelet. The strategy, which focuses on women’s economic empowerment, aims to increase their participation in the global economy, providing many opportunities to strengthen families and communities.
Emphasizing the importance of gender equality to drive global economic growth, Ajay Banga presented a set of concrete measures aimed at achieving ambitious goals by 2030. By providing 300 million additional women with access to broadband, the World Bank intends to help them access essential services, financial services, quality education, and employment opportunities. In addition, supporting 250 million women through social protection programs, focusing on the poorest, is a priority for the institution.
It is essential to highlight the goal of providing capital to 80 million women and women-led businesses, which is an important step to encourage entrepreneurship and foster economic growth. To achieve this, key efforts must be made to ensure long-term sustainable change, including by investing in countries where connectivity and financing gaps are the largest.
With this in mind, the World Bank should prioritize investments to close connectivity gaps, while focusing on women’s digital inclusion. It is also crucial to advocate for policy reforms that facilitate private investment and infrastructure development in underserved regions.
Ultimately, the World Bank’s Gender 30 strategy represents a significant step towards a more equitable world, where women have the opportunity to fully contribute to the economy and realize their full potential. These efforts should not only empower women, but also boost global economic growth and promote the well-being of communities as a whole.