The Gender Action Plan At-A-Glance
Objective:To advance women’s economic empowerment in order to promote shared growth and MDG3—gender equality and women’s empowerment.
Duration and Budget: US$30.2 million over 4 years with half the funds coming from the World Bank and half from donor countries including Germany, Norway, Canada, and UK.
Rationale: Expanding women’s economic opportunities is smart economics. Women’s economic opportunities lag behind women’s capabilities achieved in education and health. This condition is inefficient, since increased women’s labor force participation and earnings are associated with reduced poverty and faster growth. Women will benefit from their economic empowerment, but so too will men, children and society as a whole.
Focus Areas: The Gender Action Plan targets women’s empowerment in the economic sectors, most importantly, infrastructure—energy, transport, and water and sanitation; agriculture; private sector development; and finance.
The Roadmap: 1) Intensify gender mainstreaming in Bank and IFC operations and in regional economic and sector work. 2) Mobilize resources to implement and scale up Results-Based Initiatives that empower women economically. 3) Improve knowledge and statistics on women’s economic participation and the relationship between gender equality, growth, and poverty reduction. 4) Undertake a targeted communications campaign to foster partnerships on the importance of women’s economic contributions and execute the plan. |
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