IVF Global Forum Business for Gender Equality launched by 450 Delegates Globally

More than 450 CEOs, government leaders, and delegates in the fields of gender, labor, and development have joined the IVF Global Forum Business for Gender Equality, which is headquartered in Santiago, Chile. The project seeks to put into practice concrete steps that will improve gender parity in the workplace while also boosting workplace efficiency for the company.

The primary goals of the two-day forum are to address important issues such as closing the gender gap, promoting female participation, and highlighting the important role that the industries that support gender equity and women's empowerment play in these efforts.

This effort has been supported by the International Labor Organization (ILO), UN Women, the United Nations Development Programme (UNDP), and the Government of Chile.

Participants in the forum observed roundtable discussions examining the problems and obstacles associated with implementing gender equality in the workplace. The concluding ceremony was presided over by Chile's Minister of Women and Gender Equity, Claudia Pascual Grau, who emphasized the significance of eliminating poverty and inequality as well as strengthening democracy in the country. She encouraged women to join the workforce, acknowledging their many contributions to society as a whole.

Policies that guarantee gender parity are essential, according to Randi Davis, the UNDP's Director for Gender Equality and Women's Empowerment.

In order to meet the Sustainable Development Goals by 2030, employers must prioritize gender equality as a critical business element that will create inclusivity and sustainability, according to Richard Barathe, the Director of UNDP's Regional Hub for Latin America and the Caribbean. He also underlined that, according to a McKinsey Global Institute analysis, gender parity in the workforce would boost global GDP by $28 trillion by 2025. Nonetheless, the current ratio shows that 77% of men and less than 50% of women work outside the home.

Furthermore, when compared to their male colleagues, women are paid less than 23% on average. Women are frequently denied the chance to launch their businesses, earn money, and participate in public life, which causes economies to lose out on the abilities and talents that women may have to offer.