Following the strongest commitment yet by the G-20 to promote financial gender equality, today in Forbes Tom Watson explains La Pietra Coalition’s role in helping this come to fruition. He goes on to note the significance of this latest pronouncement by the world’s global leaders:
“…[W]hile the headlines around the G20′s work center on issues like Europe’s troubled economic policy and climate change, the section on women and development is the kind of breakthrough that recognizes a social and political shift that is already well underway.”
Specifically, the G-20 noted as point #23 in its overall post-Summit communique:
“We commit to take concrete actions to overcome the barriers hindering women’s full economic and social participation and to expand economic opportunities for women in G20 economies. We also express our firm commitment to advance gender equality in all areas, including skills training, wages and salaries, treatment in the workplace, and responsibilities in care-giving.”
Later, point #53 states:
“We recognize the need for women and youth to gain access to financial services and financial education, ask the GPFI, the OECD/INFE, and the World Bank to identify barriers they may face and call for a progress report to be delivered by the next Summit.”
Congratulations to the Coalition and all of its supporters for this victory – although the real work is still ahead of us.