Strong evidence shows that, at the macro level, countries that invest in girls and integrate women into the workforce tend to be more competitive. Many governments are, therefore, considering or implementing affirmative policies, including quotas. In addition, research and mounting anecdotal evidence reveal that closing the gender gap is good for companies. Companies that successfully engage women may reap a rich diversity dividend. With talent shortages projected to become more severe in much of the world, it is imperative for businesses to have access to female talent.
Building on its benchmarking tools, best practice analysis and associated insight pieces, the Gender Parity Programme of the World Economic Forum has launched public-private collaborations that aim to close the economic gender gap by up to 10% over three years. Pilots have been launched in Mexico, Turkey, Japan and the Republic of Korea.
Each initiative includes the top 50-100 leaders and organizations that are best placed to accelerate progress on gender, focusing on women’s economic integration. These groups comprise businesses, employers and other stakeholders, including relevant actors from the public sector, civil society, academia and media. National and international leaders and organizations participate in this activity to promote learning and exchange from other countries.
The goals of the task forces are:
- To address the challenges of gender disparity through a data-driven and systemic approach based on the specific country-level situation
- To enable interaction and collaboration among a multistakeholder community of selected leading organizations
- To exchange or share tested interventions that have effectively closed the economic gender gap through private- or public-sector initiatives
Collaboration and Monitoring
Each government provides overall guidance and support to the initiative throughout the three years of implementation and promotes its successful completion. Co-chairs from the private sector closely monitor the initiative, ensuring accountability to commitments.
The World Economic Forum’s Gender Parity Programme serves as a neutral convening platform to demonstrate country-level success on economic gender parity. The Programme provides its expertise and research – through the Global Gender Gap Report series, the Corporate Gender Gap Report, the Global Agenda Council on Gender Parity, the Repository of Successful Practices and other research on country-level policies from over 80 countries for closing the gender gap – to serve the needs of the individual and collective goals of the task forces.
Gender Parity Task Forces Brochure
Turkey: The Equality at Work Platform
Mexico: The Mexico Gender Parity Task Force
Japan: Insight Report: Closing the Gender Gap in Japan
Republic of Korea: Task Force on Gender Parity and Empowerment of Women