International Women’s Day 2024: The Power of Investing in Women

This International Women’s Day, 8 March 2024, join the United Nations in celebrating under the theme Invest in women: Accelerate progress.

The world is facing many crises, ranging from geopolitical conflicts to soaring poverty levels and the escalating impacts of climate change. These challenges can only be addressed by solutions that empower women. By investing in women, we can spark change and speed the transition towards a healthier, safer, and more equal world for all.

One of the key challenges in achieving gender equality by 2030 is an alarming lack of financing with a staggering USD 360 billion annual deficit in spending on gender-equality measures.  

 

The time for change is now! Join us on 8 March 2024 for International Women’s Day as we rally behind the call to “Invest in women: Accelerate progress”. 

Take a stand and join the conversation with the #InvestInWomen hashtag. Here are five key areas that need our joint action to ensure women are not left behind:

Investing in women: A human rights issue

Time is running out. Gender equality remains the greatest human rights challenge. Investing in women is a human rights imperative and cornerstone for building inclusive societies. Progress for women benefits us all.

Ending poverty 

The COVID pandemic, geopolitical conflicts, climate disasters, and economic turmoil have pushed an extra 75 million people into severe poverty, since 2020. This could lead to more than 342 million women and girls living below the poverty line by 2030, making immediate action crucial.  

Implementing gender-responsive financing

Due to conflicts and rising fuel and food prices, recent estimates suggest that 75 per cent of countries will curb public spending by 2025. Austerity negatively impacts women and crowds out public spending on essential public services and social protection.

Shifting to a green economy and care society

The current economic system exacerbates poverty, inequality, and environmental degradation, disproportionately affecting women and marginalized groups. Advocates for alternative economic models propose a shift towards a green economy and care society that amplifies women’s voices.

Supporting feminist change-makers

Feminist organizations are leading efforts to tackle women’s poverty and inequality. However, they are running on empty, receiving a meagre 0.13 per cent of total official development assistance

Source: Un women

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