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    HomeNews"Budget margins": gender equality in developing countries under-funded by $ 420 billion...

    “Budget margins”: gender equality in developing countries under-funded by $ 420 billion per year

    “Money simply does not reach women and girls who need them most”, United Nations said in a press release published on Monday.

    This estimate comes in the middle of the fourth international conference on financing ongoing development in Seville, Spain.

    There, world leaders strive to revitalize the international financing structure to better support the Sustainable development objectives (ODD), one of which is gender equality.

    “We cannot fill gender gaps with budgets that lack a gender lens … Gender equality must pass from the margins of the budget lines at the heart of public policy“Said Nyaradzayi Gumbonzvanda, Deputy Executive Director of UN Women.

    Go from promise to action

    In order to remedy this deficit, UN women said that the world needed a decade of targeted and coherent investment to end gender shortcomings and make sure no one is left behind.

    This includes the expansion of budgeting sensitive to sex which follows carefully where funding is most necessary and support programs that target these areas.

    Currently, three -quarters of countries have no systems to follow the distribution of public funds in relation to gender equality.

    More specifically, investing in public care systems – such as child and elder care programs – is essential to guarantee that women can enter the labor market.

    Debt overwhelmed

    In addition, UN women have called for an urgent debt relief, citing that many countries are so overwhelmed by loan funding that they cannot devote money to the advancement of gender equality.

    In this vein, UN women welcomed the Sevill compromisoA, the outcome of the conference adopted by the Member States, which presents new commitments in favor of development of development, including on the promotion of gender equality.

    Ms. Gumbonzvanda stressed the need for governments to support the commitments they have made in this document with real action.

    “” [Gender equality] Take money. It takes a reform. And it takes leadership that considers women not as a cost, but as a future. »»

    Publicado anteriormente en Almouwatin.

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