In the WiBAC of 2022 G20 B20 dialogue, we have discussed the final document of B20 WiBAC Policy & Action Recommendation...
The Women in Business Action Council (WiBAC) of the 2022 G20 Business 20 (B20) has unveiled the One Global Women Empowerment (OGWE) blueprint for collaboration among stakeholders for supporting women's empowerment efforts.
"In the WiBAC of 2022 G20 B20 dialogue, we have discussed the final document of B20 WiBAC Policy & Action Recommendation as well as the launch of the blueprint for the One Global Women Empowerment platform to advance inclusive, resilient, and sustainable global economic growth by empowering women," chair of WiBAC, Ira Noviarti, said in a statement issued on Thursday.
Many great opportunities could be exploited if women are given equal opportunities to participate in the economic sector, she noted.
In the final document of the Policy & Action Recommendation, the dialogue forum has outlined three key efforts for improving the equal participation of women in the business sector.
The first effort seeks to empower women entrepreneurs by developing an ecosystem that can provide access to financial, legal, and technical assistance to business players.
The second effort is increasing women's digital skills and leadership. Meanwhile, the third effort aims to promote the creation of a just and safe environment for women workers in the informal economy, including people in rural areas.
Furthermore, Noviarti noted the importance of collaboration among all stakeholders, including industry players, government, non-governmental organizations (NGOs), investors, philanthropists, service providers, and society, for realizing the efforts.
"The concrete steps we have taken through the Policy & Action Recommendation of 2022 G20 B20 WiBAC and the One Global Women Empowerment platform require participation from all stakeholders," she added.
As one of the legacies of the B20, the OGWE aims to increase the capacity and empowerment of women business actors by improving their digital skills, knowledge sharing, funding and investment, technical support, as well as supportive policies.
B20 is the official dialogue forum for the global business community for providing practical policy recommendations from a business viewpoint to the G20.
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