Economic inequality is based on a flawed and sexist economic system that values the wealth of the privileged few, mostly men, more than the billions of hours of the most essential work – the unpaid and underpaid care work done primarily by women and girls around the world. This has to change.
Women and girls work incredibly hard to care for others. Not only is this work unpaid, but it's often not seen as real work at all. If we valued care work the same as other work, it would be worth nearly $11 trillion US dollars a year. But its true value is much greater. To fight inequality and beat poverty, we must make care count.
Women’s economic empowerment has the potential to transform many women’s lives for the better and support economic growth. However, the rise of extreme economic inequality is a serious blow to the fight against gender inequality and a threat to women’s rights.