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WEF 2024: Global leaders reiterate urgency to address persistent gender parity challenges [Video]

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Productitivity

As the world progresses economically, socially, and technologically, gender parity remains a persistent challenge. The World Economic Forum’s Global Gender Gap Report 2022 indicates a slow trajectory, estimating another 132 years to achieve gender parity globally.

Speaking with CNBC-TV18 Managing Editor Shereen Bhan from the sidelines of the Davos World Economic Forum (WEF) 2024, world leaders underscored the critical need for gender parity to drive economic growth and societal progress.

Gabriela Sommerfeld, Ecuador’s Minister of Foreign Affairs, stressed the economic importance of gender parity, for enhanced productivity and overall economic well-being.

“Gender parity for Latin America is $2.6 trillion. And that means for Ecuador’s economy it is $46 billion,” she said, adding, “So it’s important to bring gender parity to our countries and to our lives for more productivity and a better economy for everybody.”

She said that Ecuador has taken proactive steps, establishing a dedicated ministry focusing on women’s …

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