In 93 countries worldwide, women are legally paid less than men for the same job. This is just one of the many ways in which women are denied economic equality, a problem that not only affects them but also has far-reaching consequences for their children, families, and communities. Closing this gender gap could potentially provide the global economy with a $7 trillion boost, as estimated by the United Nations.
Melinda French Gates, co-chair of the Bill and Melinda Gates Foundation and a leading advocate for a more just economy, underscores the importance of addressing these disparities and promoting gender equality. She believes that ensuring women have equal opportunities in the workforce and access to financial resources is crucial in creating a more inclusive and equitable global economy.
During recent meetings hosted by the World Bank and International Monetary Fund in Washington, D.C., world leaders gathered to discuss these issues at length. Gates was among those present to push for change and promote greater economic equality for women worldwide.