UN Women and the Asian Development Bank (ADB) have announced a new collaboration that would aim to protect women and girls in the Asia-Pacific region from the COVID-19 pandemic’s multiple negative consequences on jobs, livelihoods, and well-being.
The announcement took place at a virtual gathering, co-organised by UN Women and the Asian Development Bank (ADB), advocating for a gender lens in the recovery from COVID-19, with Ministers of Finance and Gender and other senior Government officials from Fiji, India, Indonesia, Philippines, Republic of Korea, and Samoa.
Experts and decision-makers discussed the systemic and transformative changes needed – in economic, health, and social protection systems – to ensure long-term economic recovery and resilience. ADB and UN Women identified areas for collaboration in the coming months, including strengthening data and evidence on how COVID-19 is impacting the progress of the SDGs and promoting a multipronged approach to tackling violence against women during the pandemic. Other areas where synergies could be leveraged include promoting gender-responsive budgeting as a COVID-19 response governance tool and strengthening gender-responsive procurement to support women’s businesses and jobs.
The COVID-19 outbreak has hit the Asia-Pacific region hard, particularly the most vulnerable, and is deepening pre-existing inequalities — exposing vulnerabilities in social, political, and economic systems. A recent UN Women report found that women in the region, in both the formal and informal sectors, felt a much greater impact on their pocketbooks than men, with paid hours reduced, millions of job losses and reductions to income and working hours. In some countries, nearly half of women in informal sectors have lost their jobs since the outbreak — more than double the rate of men. The report showed how unpaid domestic work, which has become even more of an essential service in the context of COVID-19, remains a duty increasingly borne by women, and for more hours. The pandemic’s realities have resulted in a deepening of existing inequalities in the gender division of labour, placing a disproportionate burden on women and girls.
“At least 152 countries have put in place a fiscal response to COVID-19, but very few of them are designed with a gender lens, and so are missing a vital opportunity. When gender equality is included as a key part of the recovery process, it not only builds more equal societies, it is a catalyst for economic recovery, with the potential to add $13 trillion to global GDP by 2030. I urge all governments to keep this in mind and embed a strong gender lens into all fiscal stimulus packages,” said UN Women Executive Director Phumzile Mlambo-Ngcuka.
“Stimulus packages must include social protection measures that reflect an understanding of women’s role in the care economy. Women-owned businesses are a large proportion of small and medium enterprises. These must be prioritized as well. Empowering women expands economies,” added UN Women Deputy Executive Director Anita Bhatia, at the event.
The roundtable is part of a series of UN Women-hosted high-level virtual ministerial roundtables with Multilateral Development Banks (MDBs) to highlight best practices, share experiences, and strengthening the collaboration between Multilateral Development Banks and UN agencies or UN Member States to amplify the multilateral system response to the COVID-19 pandemic.
Original source: UN Women