There is strong evidence to show 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 are already implementing affirmative policies, including quotas. There is also mounting research and anecdotal evidence 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 developed and developing world, it is imperative for business to have access to female talent.
The Women Leaders and Gender Parity Programme has launched three task forces, which aim to close the economic gender gap by up to 10% in three years, in Mexico, Turkey and Japan.
Each initiative includes the top 50-100 leaders and organizations that are best placed to accelerate progress on gender, focusing in particular on women’s economic integration. Those groups are composed of 50%-60% business/employers and 40%-50% other stakeholders, including relevant actors from the public sector, civil society, academic experts and media. National and international leaders and organizations participate in this activity to promote learning and exchange from other countries.
The overall 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 collaborative interaction among a multistakeholder community of selected leading organizations
- To share and exchange tested, successful interventions that have effectively closed the economic gender gap, through private sector or public sector initiatives
Collaboration and monitoring
Each government provides overall guidance and support to the initiative and promotes its successful completion throughout the three years of implementation.
Co-Chairs from the private sector closely monitor the initiative, ensuring accountability to commitments.
The World Economic Forum’s Women Leaders and Gender Parity Programme serves as a neutral convening platform to demonstrate country-level success on economic gender parity. The Programme will provide its expertise and research (through the Global Gender Gap Report series, the Corporate Gender Gap Report, the Global Agenda Council on Women’s Empowerment, the Repository of Successful Practices and other research on country-level policies from 75 countries for closing the gender gap) to serve the needs of the individual and collective goals of the task forces.