Strengthening women's economic empowerment
Gender equality and enforcing women's rights are key factors for human rights-based, socially equitable and sustainable social development. There is no country in the world in which women are entirely equal to men – and that has serious social and economic disadvantages. Across the world it is women who are responsible for doing the overwhelming majority of work, but they earn 17 per cent less than men on average. "Equal rights, equal obligations, equal opportunites and equal power for women and men" is one of the basic principles of German development policy that is founded on international agreements on women’s rights.
Even though the situation of women and girls varies greatly from region to region and from country to country, expanding their economic opportunities is key to women's empowerment. Against this backdrop, Germany is planning to launch an initiative under its G7 Presidency to strengthen women economically. The initiative focuses on vocational training for women in developing countries and improving their employment opportunities and self-employment. The BMZ helped shape the initiative and already supports its partner countries in drawing up their vocational training and labour market policies to ensure they bring women into the formal economic sector.