Frequently Asked Questions
Women’s Economic Empowerment (FAQs)
Removing barriers to women’s economic participation is one of the highest-return strategies available to any economy. Research suggests that in many countries, removing barriers to women’s participation in the labor force alone could raise output by 15-20 percent and produce strong income gains.
With 1 billion young people entering the workforce over the next decade and only 400 million jobs expected, unlocking women’s potential is essential to the World Bank Group’s (WBG) core mission of ending poverty and driving growth.
The World Bank Group Gender Strategy 2024–2030 sets out three objectives:
- End gender-based violence and strengthen human capital
- Expand women’s economic opportunities through more and better jobs, access to assets, and enabling services
- Engage women as leaders in decision-making
In practice, it combines public sector reforms, private sector investment, and evidence-based solutions to expand opportunity at scale by:
- Laying the foundation for job creation through education and skilling
- Health and legal reforms
- Supporting policy and regulatory reforms for a business-enabling environment
- Harnessing the power of the private sector to scale impact and drive innovation
The best way to put an end to poverty is to give a person a job. To meet this challenge, the World Bank Group has set transparent targets that drive real change and keep us focused on delivering results. The WBG has set three measurable targets to build the ladder of opportunity for women:
- Support 250 million additional women through social protection programs
- Enable 300 million more women to access broadband connectivity
- Provide 80 million more women and women-led businesses with capital These targets span areas where barriers are most acute and where investment yields the greatest returns for women and for economies.
The WBG works across three mutually reinforcing areas:
- It lays the foundation by investing in girls’ education, women’s health, and legal reforms that give women equal rights to own property and access financial services.
- It builds opportunities by financing childcare infrastructure, digital connectivity, safe transport, and financial inclusion programs.
- It shapes the environment for women to lead by partnering with governments and the private sector to shift the norms, policies, and market practices that keep women out.
The private sector is central to the WBG’s approach. We are partnering with the private sector to shape businesses and business environments where women can lead, compete, and succeed. Since 2012, IFC's Banking on Women program has invested over $13 billion across 384 financial institutions in 89 countries, directly financing women and women-led enterprises with 43 percent of projects in fragile and conflict-affected states.
Programs like Sourcing2Equal connect women to corporate supply chains and procurement opportunities. The WBG focuses particularly on five sectors with the greatest potential to employ women at scale: infrastructure and energy, agribusiness, healthcare, tourism, and value-added manufacturing.
Violence against women is also an economic issue. It determines where women can go, what jobs they can take, whether they can safely use public transport, and whether they can stay in school or work.
The World Bank Group does not tolerate gender-based violence. The Gender Strategy 2024–2030 places ending gender-based violence as its first objective precisely because it is a precondition for everything else. Our response works on two tracks: we require that GBV risks are identified, mitigated, and addressed in the projects we finance, and we also finance standalone operations to prevent and address violence where it is most acute.
The WBG integrates safety measures into infrastructure projects, supports legal and institutional reforms, and funds programs that help survivors rebuild economic lives.
World Bank Group Gender Strategy 2024–2030: The full framework and evidence base
Gender topic page: Data, reports, and country examples
Gender Priority Sector page: Opening Digital Doors, Building Secure Lives, Financing New Futures
IFC Gender: Private sector approach and programs
Women, Business and the Law 2026: Annual report on legal barriers facing women
Atlas for Development: Shaping the Future of Women in the Workplace
Gender Data Portal: The latest gender statistics