World Bank Gender Strategy Update 2024-2030: Accelerating Equality and Empowerment for All

The World Bank has released its Gender Strategy Update for 2024-2030, aiming to significantly accelerate gender equality and empowerment globally. This strategy builds on the previous 2016-2023 framework and addresses the urgent need for comprehensive actions to tackle gender disparities exacerbated by recent global crises.

Objectives of the New Strategy

The updated strategy is ambitious, focusing on three main objectives that are crucial for fostering gender equality:

• Foundational Wellbeing: This objective emphasizes the elimination of gender-based violence and the enhancement of human capital. The World Bank aims to accelerate progress in these areas, recognizing that violence against women and girls severely undermines their health, safety, and economic opportunities.
• Economic Participation: The strategy seeks to expand access to better jobs, enhance ownership of economic assets, and improve access to enabling services. The focus is on creating more inclusive economic environments where women can thrive.
• Leadership: