COVID-19 impact reinforces gender inequalities

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Photo: ©  Jessica Belmont/World Bank
 

COVID-19 has seriously impacted the global progress towards gender equality, with women around the world continuing to face laws and restrictions that hinder their economic opportunity, according to the latest Women, Business and the Law 2021. Reforming laws toward gender equality must be a priority as governments look to recover from COVID-19.

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About 97% of Egyptian enterprises today are micro. The COVID-19 pandemic's adverse effects on employment highlight the urgency of empowering entrepreneurs and private sector firms to enhance their competitiveness, flourish, and create more and better jobs.

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Horn Oeun, (left) a Tbong Khmum provincial agricultural advisor discusses farming techniques at a LASED supported cucumber farm. © Saroeun Bou/World Bank.
 

World Bank projects secured about 16,000 hectares of land for landless and small landholder families across five provinces in Cambodia. Over 5,000 households have received direct benefits, including land titles.

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Cash transfer in Madagascar. Photo: © Mohammad Al-Arief/The World Bank

"Economic inclusion efforts are transforming the lives of millions of individuals, removing the constraints that prevent the poorest from reaching their productive potential. The World Bank currently funds 157 such programs worldwide, in sectors that include social protection, job creation, agriculture, environment, finance, innovation, social development, and education. We will continue to promote a multidimensional approach to reducing poverty and mitigating the impact of the global emergency, and to create valuable human capital that will be needed to fuel economic recovery."

— Mari Elka Pangestu, February 22

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"Before the school for husbands was launched in the village, there was a lot of tension among members of my family." Learning about women's rights, maternal health and other issues is changing lives for Burkino Faso fathers like Waimbabai Gnoumou.

Read more #ChangingLives stories.

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By using the findings of the new Women, Business and the Law 2021 study, this event will discuss what can be done to improve women's economic opportunities and empower them in the world of work and at home, especially in the context of the global pandemic. Join us live on March 1st!

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In 2020, the #pandemic-induced global new poor is estimated to be between 119 and 124 million. In 2021, the estimated #COVID19 -induced poor is set to rise to between 143 and 163 million.

How can the World Bank Resilience Rating System improve the resilience of investments in development and help countries adapt to #ClimateChange?http://wrld.bg/olup50DGRJj #ClimateExplainer

Chart: Figure 1. Food security in the face of COVID-19Food security has been a significant concern for Sub-Saharan Africa (SSA), even before the onslaught of challenges brought about by COVID-19. As the pandemic started spreading to the region, one concern has been that of its possible impacts on food security, as the crisis has the potential to exacerbate an already fragile food security environment. Over 70% of adults in Nigeria and Malawi are impacted by moderate or severe food insecurity, as well as 47% in Ethiopia, 42% in Burkina Faso, and 43% in Uganda. Over 30% of adults in Nigeria and Malawi are plagued by severe food insecurity, as well as 9% of Ugandan adults, 8% of Burkinabe adults, and 13% of Ethiopian adults. Read More>>

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