Gender equality and women’s leadership including  women’s participation in decision-making positions within households, workplaces, and communities is key to well-being and prosperity. In its new Gender Strategy 2024-2030, the World Bank recognizes that women’s leadership improves outcomes across a range of development priorities, including food security, community services, and children’s health, and education.

In the private sector, a research from the International Finance Corporation (IFC) has shown that more women in leadership positively correlates with better environmental, social and governance standards, leading to improved business performance and inclusive economic growth. Addressing the barriers to women’s leadership is a strategic priority in IFC’s implementation plan of the Gender Strategy. It involves refining solutions that help more women get on boards, and investing in businesses that expand quality jobs for women, particularly in male-dominated sectors. It also encourages private sector investments in childcare, making it easier for women to balance work and family.

Read more at: https://blogs.worldbank.org/en/latinamerica/addressing-the-gap-for-women-leaders-in-latin-america-and-the-caribbean