Economy 16:02 08/03/2024 World

342 million women and girls could be living extreme poverty by 2030, UN warns

Achieving gender equality and women’s well-being in all aspects of life is more crucial than ever if we want to create prosperous economies and a healthy planet. However, we are facing a key challenge: the alarming $360 billion annual deficit in gender-equality measures by 2030, the United Nations (UN) warns.

Join the UN on March 8, 2024, for International Women’s Day under the theme 'Invest in women: Accelerate progress”, and take a stand with us using the hashtag #InvestInWomen.

Here are five key areas needing joint action:

• Investing in women, a human rights issue: Time is running out. Gender equality is the greatest human rights challenge, benefiting everyone.

• Ending poverty: Due to the COVID pandemic and conflicts, 75 million more people have fallen into severe poverty since 2020. Immediate action is crucial to prevent over 342 million women and girls living in poverty by 2030.

• Implementing gender-responsive financing: Conflicts and rising prices may lead 75% of countries to cut public spending by 2025, negatively impacting women and their essential services.

• Shifting to a green economy and care society: The current economic system disproportionately affects women. Advocates propose a shift to a green economy and care society to amplify women's voices.

• Supporting feminist change-makers: Despite leading efforts, feminist organizations receive only 0.13% of official development assistance.

"This International Women’s Day, let’s unite to transform challenges into opportunities and shape a better future for all!" the UN said.



Source Panorama.am
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