Women20 for Gender Equality in Economy

Women20 for Gender Equality in Economy

Svetlana Lukash, Russia’s G20 Sherpa on the Communique of W20 Summit in Argentina 

W20 Summit in Argentina’s Buenos Aires concluded. It was dedicated to the strategy of empowering women in economy. Svetlana Lukash, Deputy Chairperson of the Presidential Experts Directorate, Russian representative to G20, and the only woman Sherpa of G20 countries, is sure gender equality remains key to sustainable development, as it will have a positive impact on millions of women’s quality of life, as well as on global economy growth. 

Svetlana Lukash - Deputy Chairperson of the Presidential Experts Directorate, Russia’s G20 Sherpa 

According to her, women’s perspective has deeply rooted in G20 agenda. It will be discussed in Argentinian Summit of November 2018 in the context of sources of world economic growth and realisation of UN Sustainable Development Goals. One of the SDGs focuses on “achieving gender equality and empowering all women and girls”. 

There are barriers that often undermine women’s full-fledged economic activity, be it the opportunity to work after childbirth or start a business. Overcoming them requires the opportunity to combine work and household duties, facilitate obtaining digital and financial literacy, and create the conditions for entrepreneurship, which features access to financial sources. 

The issues of pay gap and equal representation in decision-making are no less pressing. 

The Russian representative shared that G20 Summit’s outcome document sent to global leaders reflects the main points of achieving sustainable development. Among them is elimination of all forms of gender discrimination in employment, access to land, property, and resources and their management, as well as practices of eliminating gender pay gap. 

W20 Summit advocates equal access to loans and financial services, as well as to the programmes enhancing women’s financial and legal literacy. Also, it is essential to promote measures of supporting public procurement for women’s companies alongside increasing their proportion by 10% minimum based on the situation of every G20 country. 

“Summit’s participants consider it necessary to develop the cross-sectoral policy eliminating barriers of women’s access to digital technologies and internet, especially in remote areas. Besides, investing in STEM educational programmes will contribute to female education within the corresponding spheres. It will increase the opportunity of both employment and entrepreneurship under the modern conditions of new industrial revolution and digital economy,” said Svetlana Lukash. 

The issues of providing social protection and services to women living in rural areas were also prioritised by Argentina during W20 Summit. Solving of the named problems should include education, healthcare, legal support, access to farm crediting, vocational training, and women’s involvement in managing agricultural enterprises. 

Following the results of the Summit, W20 addressed G20 leaders to promote the implementation of gender equality plans. “I hope that G20 in Argentina, similarly to all W20 Summit delegates will take responsibility in adopting specific measures of enhancing women’s economic role,” highlighted Ms. Lukash. 

Tina Stankevich, news agency of the Eurasian Women’s Community

Translated by Nikolay Boykov