European Bank for Reconstruction and Development and Women 20 call on G20 members to mainstream gender equality
September 10, 2020
G20 Leaders should put women at the heart of all immediate and long-term post-Covid-19 recovery efforts, the European Bank for Reconstruction and Development (EBRD) and Women 20 (W20), the official G20 engagement group for women’s empowerment, are urging in a joint statement.
The pandemic risks exacerbating pre-existing inequalities and reversing progress towards gender parity, the institutions say. Unless urgent action is taken, women stand to bear the brunt and be disproportionately impacted.
Issued in the run-up to a G20 leaders’ summit that will address the global financial crisis and propose reforms to foster sustainable growth and development, the appeal draws on policy recommendations with a strong focus on preserving and enhancing gender equality.
Targeted policies play an important role in protecting and promoting women’s participation in the economy, creating sustainable economic growth, reducing income inequality and contributing to greater stability in the financial sector, the report finds.
The EBRD and W20 have included in their policy brief a set of short, medium and long-term policy priorities and are calling on the G20 to mainstream gender equality, an essential part of the recovery following the coronavirus pandemic.