Gender

Overview

 

Gender equality is not only a social and moral imperative, but also an economic need. Women represent nearly 50 percent of the world’s population, yet they account for only about 41 percent of the formal workforce. IFC has long recognized the importance of greater participation of women in economic activities.

IFC’s commitment to advancing gender equality is anchored in a strong business case and in client demand for gender-smart solutions, which has significantly grown over the past five years. In response, we are working with clients to reduce the gap between men and women as entrepreneurs, employees, corporate leaders, suppliers, consumers, and community stakeholders.

We support companies with gender-specific advice and investment. We help to provide access to credit, markets, housing, savings and insurance products, information, technology and supply chains. We work with companies on recruiting and retaining diverse talent from a gender perspective.

The new World Bank Group Gender Strategy (FY 2016 - 2023) outlines the support that the entire Group, including IFC, will provide to client countries and companies toward gender inclusion. Such support is a means to achieving greater gender equality, a key pathway to lasting poverty reduction, security and shared prosperity.

 

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Development Reach

The impact of IFC clients in Gender

673,437 WOMEN COLLECTIVELY EMPLOYED IN CALENDAR YEAR 2014
29% OF IFC’S NOMINATIONS FOR
BOARD POSITIONS WERE WOMEN
100,400 SME LOANS MADE TO WOMEN-OWNED BUSINESSES