IFC coordinates its gender efforts through the new Gender Cross Cutting Solution Area (CCSA) with the World Bank Group. We advance the Bank’s twin goals of ending poverty and increasing shared prosperity by investing in and advising the private sector. One key development challenge is the inequality of opportunities for men and women in the economy.
Collectively, women represent an under-employed resource that can increase companies’ profitability and contribute broadly to shared prosperity. However, women have less access to equal employment opportunities and capital to grow their businesses, experience high levels of sexual violence, are often barred from owning or inheriting land or other property, and have less income to invest for the future.
IFC and its partners are addressing these challenges by working with clients to ensure that women and men can equally participate in creating business value and secure influence and income for themselves.