Direct Link to Full 28-Page 2023 Report:

https://docs.wfp.org/api/documents/WFP-0000157920/download/?_ga=2.77699155.63379924.1715996919-2083634747.1713295762

During the past decade, women’s economic and f inancial inclusion has become an increasing priority for governments and companies around the world. This is because of evidence documenting benefits that include job creation; greater business resilience; customer retention and expansion; increased agricultural output; poverty reduction; as well as women’s economic empowerment.The results have reinforced the importance of removing structural barriers to women’s active participation in the formal economy and achieving equality in access to responsible and sustainable financial services, provided in a well-regulated environment. Despite this evidence, the unfortunate truth about the challenges of providing digital financial services to women was revealed in a 2020 G20 report. It is a sad fact that in many countries, women’s financial and economic rights are still not protected under the law. In 2022, the World Bank found only 14 countries (out of 190) have gender equality under the law for vital financial and economic indicators. Too many women lack access to formal identification, and thus are unable to open a bank account, own property, or develop a credit history, which are essential to save, build assets, secure a loan, or open or expand a business.

Извор: WUNRN – 18.05.2024