Feminist Finance Forum concludes in Bangkok

United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) organized Feminist Finance Forum’s second edition concluded on May 26, 2024. The event took it’s close in Bangkok while participants spotlighted the action which was needed to bridge the gender finance gap in the region.

The forum was of 2 days where a massive message was passed that includes – ‘Investing in women is key to fostering sustainable, inclusive and prosperous economies’. By 2025, the annual GDP of the region can get beneficial where advancing economic equality for women can be considered and it could add as much as US$4.5 trillion i.e., 12 % increase.

United Nations’ under-Secretary-General and ESCAP’s Executive Secretary, Armida Salsiah Alisjahbana said, “While challenges still remain, the opportunity of investing in women is crystal clear. I have stressed the critical need to work with all stakeholders and for ESCAP to act as a platform to bring people and organisations together to create the systemic shifts needed to unlock the potential of investing in women.”

Fiji’s minister of Women, Children and Social Protection, Lynda Tabuya added, “It is upon us to dismantle the structural and social barriers that hinder their success, especially amidst today’s economic and climate challenges. We must act collectively and decisively.”