World Economic Forum and Inter-American Development Bank Join Forces to Close the Workforce Gender Gap in Latin America

World Economic Forum and Inter-American Development Bank Join Forces to Close the Workforce Gender Gap in Latin America
Friday 17 June 2016
:: The World Economic Forum and Inter-American Development Bank announce partnership to advance gender parity in the workplace in Latin America, starting in Chile
:: Partnership will employ a model developed over three years through Gender Parity Taskforces in Mexico, Turkey, Japan and the Republic of Korea, catalysed by the Forum

Medellín, Colombia, 17 June 2016 – A three-year experiment in harnessing public-private collaboration to address the workforce gender gap has paved the way for a new partnership between the World Economic Forum and the Inter-American Development Bank (IDB) aimed at advancing greater workplace gender equality in Latin America.

The partnership between the Forum and IDB will first focus on Chile, where only about 60% of the country’s economic gender gap has been closed. Consequently, the potential for making economic and social gains from further improvements in workplace gender equality is considerable. In order to realize this goal, both partners will pool their respective gender and country expertise to share best practices with committed leaders from business and government, introduce new policies and initiatives, and track the impact of each action.

“With relatively high rates of female education, many Latin American countries stand to make significant economic gains from integrating more women into the workforce. The new partnership between the World Economic Forum and the Inter-American Development Bank will support public-private partnerships in the region, starting with a Gender Parity Taskforce in Chile,” said Richard Samans, Head of the Centre for the Global Agenda, World Economic Forum…