The Union for the Mediterranean (UfM) has published the results of the first Report on Gender Equality in the Euro-Mediterranean region, launched in 2020 upon the unanimous approval of an intergovernmental follow-up mechanism to evaluate the gender gap, monitor progress and provide data for scientific-based policy recommendations to decision-makers.
According to the report, Europe and the MENA region are below the 6.2% global average of female entrepreneurs who own established businesses (5.3% and 4.5%, respectively).
These regions also have the lowest percentages of nascent women-owned enterprises (3.4% and 4.1% respectively, compared to the global average of 5.5%), representing the largest gender gaps worldwide. Despite strong variations amongst countries, entrepreneurship in the Euro-Mediterranean region continues to bear a male face, with countries like Portugal and Croatia leading the ranking nowadays with only 37.2% and 31.5% of female entrepreneurs, respectively.
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