WEBVTT

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distinguished guest , please welcome

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the Secretary of State accompanied by

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jennifer klein and Cat photos .

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All right , Good morning , good

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afternoon and good evening Members of

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Congress esteemed guests , speakers and

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partners both here and in the field

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watching online from all over the world .

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Welcome . I am so delighted to be here

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with you all today in celebration of

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the critical work that the U . S .

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Government and its partners are doing

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to advance women's economic security .

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My name is Cat photo that and I'm the

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senior official and acting ambassador

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at large for the Office of Global

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Women's Issues here at the U . S .

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Department of State . My office leads

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department's efforts to elevate the

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advancement of gender equity and

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equality as a cornerstone of U . S .

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Foreign policy to achieve this goal ,

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we count on all of you to help us

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identify the opportunities and address

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the challenges impeding women and girls

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participation and leadership in the

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economy , political systems and society .

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Over the past year , we have consulted

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with members of Congress and over 200

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organizations and groups from civil

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society academia , non governmental

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organizations and the private sector ,

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both here at home and in the field .

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We thank you all so much for helping us

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identify the challenges to economic

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participation and the need for

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leadership by women and girls around

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the world . And your recommendations .

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Please know we heard you on ways to

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advance gender equity and equality and

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to improve global security and increase

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women's financial stability , grow our

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global economy and better respond to

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global crises . The challenges of covid .

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Covid climate change and crisis and

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conflict all over the world have both

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short and long term effects which are

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detrimental on our international

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markets are local communities , our

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schools , businesses , markets and our

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homes . We need concerted attention

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to improve women's economic security

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from limiting women's access to safe

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and quality employment , to addressing

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the unfair and unpaid care burden that

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prevents women from fully participating

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in the formal workforce and forced

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women who withdraw who withdrew in

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disproportionate numbers during the

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pandemic , to also addressing the lack

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of access to digital technology ,

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capital investment and to the

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persistent and pervasive gender based

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violence in the workplace at home and

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online spaces . The systematic

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exclusion of women and girls ,

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especially those from marginalized and

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underserved communities in key decision

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making spaces . These are all areas

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that need immediate attention as we

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globally build back many of you here

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today . Also attended the december

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launch of our update to the U . S .

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Strategy to prevent and respond to

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gender based violence globally . We are

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so proud to be building a mutually

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reinforcing policy infrastructure as we

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work to implement the National Strategy

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on gender equity and equality with this

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first ever women's Economic Security

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strategy . We are committed to the

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strategic engagement and action to

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ensure the full economic participation ,

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leadership and contribution of women

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and girls in all their diversity . This

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will require diverse voices tools and

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ideas , some of which we've captured

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here and some of which we will come

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from you in years to come as we

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implement this strategy and thank you

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all so much in advance for stepping up

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and being a part of the solution . We

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are grateful to our many partners who

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are already doing tremendous work to

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advance women's Economic Security , for

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example , the O E C . D . S partnership

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in expanding the quality and quantity

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of gender data related to gender ,

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digital divide , teleworking taxes and

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benefits , parental leave and other

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areas which are so important to making

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informed policy decisions and

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meaningfully support women's economic

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security . And now I have the honor and

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privilege of welcoming jennifer Klein

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assistant to the President and director

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of the White House Gender Policy

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Council , which she has led since

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President biden first established the

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Gender policy council by executive

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order in March of 2021 . Director

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client is no stranger to the challenges

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outlined in the strategy , having

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worked on domestic and global gender

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policy throughout her career . And on a

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personal note , I am so grateful for

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her incredible leadership and

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championship of this strategy and so

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much of the work that my office does .

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Director Klein welcome ,

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thank you so much . Cat , acting

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Ambassador photo that um Good morning

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and thank you for joining us here in

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Washington and virtually from around

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the world . Um as Kat said , I'm jen

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and I leave the gender Policy council

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at the White House . I'm really proud

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to be here today alongside Secretary

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Blinken Administrator power and leaders

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from across our administration at the

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launch of the first ever U . S .

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Strategy on global women's economic

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security , which is testament to the

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biden Harris administration's

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commitment to this critical priority .

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Women's full participation in the

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economy is essential to economic growth

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and the realization of human rights and

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fundamental freedoms for half the

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population . This first ever strategy

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is grounded in the wealth of evidence

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that advancing women's participation

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promotes economic prosperity and

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stability and it addresses the

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significant persisting persisting

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gender gaps in economic security .

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Studies show that closing gender gaps

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in the workforce would add between 12

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and $28 trillion in global G . D . P .

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Over a decade And expanding women's

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access to markets and finance fosters

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entrepreneurship and innovation with

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estimates suggesting that gender parity

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and entrepreneurship could add between

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5-6 trillion dollars in net value to

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the global economy . Despite the clear

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evidence of the benefits of women's

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economic participation too often social

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legal and financial barriers remain .

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We know that on average women spend

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more than twice the amount of time than

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men do performing unpaid care work and

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that the annual value of this work is

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approximately $11 trillion dollars

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globally . We recognize that 2.4

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billion working age women still face

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legal obstacles to their full economic

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participation and that dismantling

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these systemic barriers is necessary to

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unlocking economic gains . And as Cat

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has just said , we know that the global

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covid 19 the pandemic has had a

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disproportionate effect on women's

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employment with devastating effects on

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their families , their communities and

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economies . The strategy on global

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women's economic security that we're

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issuing today will advance women's

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economic participation as a key

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strategic objective of our domestic and

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foreign policy . The strategy lays out

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an ambitious agenda to advance women's

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economic security globally by reducing

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wage gaps , improving care

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infrastructure , promoting

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entrepreneurship and financial and

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digital inclusion and dismantling legal ,

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social and cultural barriers to women's

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economic participation . And it calls

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for the partnership with other

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governments , Ngos and local groups ,

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multilateral organizations and the

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private sector , among others . A

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critical example of our commitment to

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advancing women's economic security

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globally is our investment in the

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Gender Equity and Equality Action Fund

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which the administration announced at

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the U . N . Generation equality form in

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paris . This fund is specifically

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dedicated to promoting economic

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security for women and girls by

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increasing their access to resources ,

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services and leadership opportunities

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and by addressing the barriers that

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limit their ability to participate

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fully in the economy . The fund invests

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in local and civil society partners

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around the world , prioritizing

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programs that address the

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disproportionate impact of covid

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climate change , conflict and crisis on

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women and girls through this fund , the

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U . S . Government has supported vital

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projects across the globe that advanced

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women's economic security , including

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investments in child care

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infrastructure and low and middle

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income countries , support for women's

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economic resilience in Afghanistan

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promoting access to green jobs in kenya

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and South africa , strengthening

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regional networks for business women in

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eastern europe and supporting women's

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access to sustainable value chains in

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latin America . To name just a few

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examples . Administrator power and our

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U . S . Aid colleagues will share a bit

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more about this critical work in just a

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bit . The strategy we're launching

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today is the product of close

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collaboration among 12 US departments

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and agencies and was informed by

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consultations with over 200 civil

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society actors and external

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stakeholders from more than 30

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countries . I'm grateful to all of you

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who gave your time and your expertise

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to this effort and are joining us today

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to recognize this first ever

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interagency policy as we turn to the

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important work of implementing this new

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strategy will continue to rely on

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collaboration within and outside of the

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US government to achieve our shared

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vision for women's full and equitable

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participation in the global economy .

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I'd like now to turn to a critical

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partner and introduce a champion for

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global women's economic Security

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Secretary of State antony Blinken .

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Thanks

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thank you . Well , first of all , good

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morning everyone and welcome to the

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State Department . Happy new Year to

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everyone . This is actually the first

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event that I've had an opportunity to

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do in this new year and I think that's

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very fitting and only underscores the

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importance that this department

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attaches to it and that I attached to

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it personally . Um Director Klein gen .

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Thank you for the introduction but also

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and especially for your leadership for

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the gender policy council leadership in

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developing the U . S . Global Women's

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Economic Security strategy that we are

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in fact launching today . Uh jen and I

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have been colleagues friends going back

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a few years , I think we both started

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out together in the Clinton

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administration in grade school . Right .

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But um I am just grateful for the

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collaboration that goes forward every

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day . And Cat , I'm so grateful to you

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for your remarkable leadership of the

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we in this very consequential time . Uh

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and especially for the remarkable

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collaboration that we have between the

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White House , the State Department and

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the other agencies in our government .

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Uh that is a big difference maker .

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This strategy would not be possible

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without the vital contributions of so

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many . Starting with another dear

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friend and close colleague

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administrator power . Um her team uh

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U . S . A . I . D . Has done remarkable

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work on this and you're gonna hear more

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from Samantha uh in a short while uh G .

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We office here at ST besides Cat .

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Amazing team . Doing great work . And

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again across our entire government ,

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we're also deeply fortunate to have the

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collaboration and leadership of the

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United States Congress . And I'm told

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that Sheila Jackson lee may be in the

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house somewhere . Thank you , thank you

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for being here . Uh Andre Carson

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uh in the House anywhere . I think it

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was going to join us but to you um

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to Barbara lee who was going to be with

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this morning . But I think got tied up

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on the hill , so grateful for this

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collaboration for the leadership that

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you've demonstrated over so many years

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and which is coming to fruition uh in

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uh in this strategy , I especially

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don't want to say to our partners in

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civil society , the private sector ,

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other governments , women from all

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walks of life . Some of you are here in

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person , some of you are tuning in

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virtually . Thank you . Thank you for

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your input . Thank you for the

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collaboration . Thank you for ensuring

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that this strategy reflects the breadth

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and the depth of our vision for women's

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economic security . President biden

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came into office with a commitment to

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gender equality and equity because as

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he put it and I quote , governments ,

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economies and communities are stronger

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when they include the full

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participation of women . It's as simple

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and straightforward as that . As you

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just heard from jen , he has put that

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commitment into action including

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through the first ever National

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Strategy on Gender equity and equality ,

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which brings a whole of government

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approach to supporting women and girls

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both here at home , but also around the

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world , at the State Department , the

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idea that every woman and girl should

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be able to reach her full potential is

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central to our diplomacy . Whenever

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women's rights and fundamental freedoms

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come under threat , we speak up , we

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mobilize others . We take action

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promoting gender equality and equity is

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also an affirmative part of our

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approach because we recognize that

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doing so is essential to addressing

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some of the world's most pressing

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challenges . We need women's full

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economic participation to actually lead

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an inclusive recovery from the covid

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pandemic . As you've heard , we need

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their leadership in resolving conflict ,

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we need their ideas and their

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innovation to tackle the climate crisis .

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The strategy that we're putting forward

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has at its heart a simple vision ,

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creating a world in which all women and

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girls everywhere can contribute to and

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benefit from economic growth and global

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prosperity . That's a world in which we

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will all be better off Closing the

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gender gap in the workforce by 2025 ,

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as you've heard , would add up to $28

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trillion dollars to the global economy ,

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especially at a time when we are

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working to recover from from covid

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deal with the impact of climate ,

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address the many conflicts that are

15:50.040 --> 15:52.750
also holding back the global economy .

15:53.380 --> 15:55.436
That contribution is more vital than

15:55.436 --> 15:58.370
ever . The strategy focuses on breaking

15:58.370 --> 16:00.592
down some of the barriers that stand in

16:00.592 --> 16:02.481
the way of women to full economic

16:02.481 --> 16:04.900
participation , uh jen and kat alluded

16:04.900 --> 16:07.122
to some of them discriminatory policies

16:07.122 --> 16:09.178
that perpetuate unequal pay or limit

16:09.178 --> 16:10.733
access to credit that women

16:10.733 --> 16:12.789
entrepreneurs and innovators need to

16:12.789 --> 16:14.900
start and grow businesses , laws that

16:14.900 --> 16:17.011
ban women from energy , manufacturing

16:17.011 --> 16:18.789
and other industries in certain

16:18.789 --> 16:21.330
countries attitudes and practices that

16:21.330 --> 16:24.050
drive women out of education and out of

16:24.050 --> 16:27.100
the labor market . The strategy that we

16:27.100 --> 16:29.340
put in place is focused on supporting

16:29.340 --> 16:31.210
women and girls in all of their

16:31.210 --> 16:33.210
diversity , including the women who

16:33.210 --> 16:35.043
most often face the greatest and

16:35.043 --> 16:37.043
highest barriers such as those from

16:37.043 --> 16:39.266
marginalized backgrounds from religious

16:39.266 --> 16:41.840
minorities , those with disabilities ,

16:41.850 --> 16:44.260
L G B T . Q . I plus persons . And

16:44.260 --> 16:46.204
we're committed to standing up for

16:46.204 --> 16:47.982
women wherever their rights are

16:47.982 --> 16:50.093
threatened including in Afghanistan .

16:50.093 --> 16:53.140
As unfortunately we continue to see uh

16:53.150 --> 16:56.570
deepen and and get worse . Let me just

16:56.570 --> 16:59.630
spend a few minutes um addressing in a

16:59.630 --> 17:01.630
little bit more detail the four key

17:01.630 --> 17:03.741
lines of effort that are at the heart

17:03.741 --> 17:06.100
of the strategy . First , we will

17:06.100 --> 17:07.489
advance women's economic

17:07.489 --> 17:09.656
competitiveness so that more women can

17:09.656 --> 17:11.544
fully participate and lead in all

17:11.544 --> 17:13.711
sectors and all industries , including

17:13.711 --> 17:16.310
as ceo and board members . One way

17:16.310 --> 17:18.310
we're helping to do that is through

17:18.310 --> 17:20.532
programs like champs which will provide

17:20.532 --> 17:22.588
technical assistance and training to

17:22.588 --> 17:24.421
women's Chambers of Commerce and

17:24.421 --> 17:26.532
business associations in 18 countries

17:26.532 --> 17:28.588
across europe to support women owned

17:28.588 --> 17:30.810
small businesses . That's one practical

17:30.810 --> 17:33.032
example of how we will bring that first

17:33.032 --> 17:35.254
pillar of the strategy to life second ,

17:35.254 --> 17:37.254
we will strengthen the foundational

17:37.254 --> 17:40.440
support child care elder care that

17:40.450 --> 17:43.550
allows women to participate equitably

17:43.560 --> 17:46.290
in the economy . As you know , as

17:46.290 --> 17:48.179
you've heard again this morning ,

17:48.179 --> 17:50.068
COVID-19 forced millions of women

17:50.068 --> 17:52.179
around the world to withdraw from the

17:52.179 --> 17:54.700
workforce to take on caregiving

17:54.700 --> 17:56.811
responsibilities for their families .

17:56.811 --> 18:00.730
So we will expand access to options so

18:00.730 --> 18:02.674
that caregivers , most of whom are

18:02.674 --> 18:05.310
women , can actually return to work to

18:05.310 --> 18:07.366
do that for supporting programs like

18:07.366 --> 18:09.421
the World Bank's invest in Childcare

18:09.421 --> 18:11.477
initiative , which will help improve

18:11.477 --> 18:13.643
access to quality affordable childcare

18:13.643 --> 18:15.588
in low and middle income countries

18:15.588 --> 18:17.532
around the world . Third , we will

18:17.532 --> 18:19.680
promote women's entrepreneurship by

18:19.680 --> 18:21.847
addressing some of the challenges that

18:21.847 --> 18:24.069
too often hold women back , including a

18:24.069 --> 18:26.013
lack of membership of mentorship ,

18:26.013 --> 18:28.291
Excuse me , and training opportunities .

18:28.570 --> 18:31.110
We're working to both create and also

18:31.110 --> 18:33.221
as appropriate replicate efforts like

18:33.221 --> 18:35.110
the US India Alliance for Women's

18:35.110 --> 18:37.277
Economic Empowerment that connects the

18:37.277 --> 18:39.277
private sector and civil society to

18:39.277 --> 18:41.277
provide indian women with technical

18:41.277 --> 18:43.443
skills and networking opportunities to

18:43.443 --> 18:45.610
help them grow their businesses at the

18:45.610 --> 18:47.580
alliance's launch , Google India

18:47.590 --> 18:49.800
committed to mentoring one million

18:49.810 --> 18:52.160
indian women entrepreneurs were working

18:52.160 --> 18:54.216
with other partners to increase that

18:54.216 --> 18:56.327
number , That would have a remarkable

18:56.327 --> 18:59.210
impact . Finally , we will work with

18:59.210 --> 19:02.140
partners to help dismantle some of the

19:02.140 --> 19:04.610
societal , legal and regulatory

19:04.610 --> 19:06.499
barriers that stand in the way of

19:06.499 --> 19:08.910
having a level playing field like laws

19:08.910 --> 19:11.132
that make it more challenging for women

19:11.132 --> 19:13.132
to work in certain roles , limiting

19:13.132 --> 19:16.130
their career progression . Now , if you

19:16.130 --> 19:18.186
look at some of the work and studies

19:18.186 --> 19:20.408
that have been done , for example , the

19:20.408 --> 19:22.790
World Bank Women have equal legal

19:22.790 --> 19:26.090
economic standing with men in 12

19:26.100 --> 19:28.850
countries around the world , 12

19:28.860 --> 19:31.480
countries around the world , including

19:31.480 --> 19:33.702
through equal pay and legal protections

19:33.702 --> 19:36.360
in the workplace . So there's a huge

19:36.360 --> 19:38.530
amount of work to be done there and

19:39.060 --> 19:41.250
looking at the glass half full as

19:41.250 --> 19:43.410
opposed to half empty , a tremendous

19:43.410 --> 19:45.700
amount of opportunity as we grow . The

19:45.700 --> 19:47.422
number of countries that offer

19:47.422 --> 19:51.250
genuinely equal opportunity . Um , well

19:51.250 --> 19:52.917
encourage countries to repeal

19:52.917 --> 19:55.028
discriminatory laws will advocate for

19:55.028 --> 19:57.250
reforms to promote gender equality , in

19:57.250 --> 19:59.361
part by showing the opportunity posed

19:59.361 --> 20:01.361
by closing these gender gaps . Um ,

20:01.361 --> 20:03.528
across each of these lines of effort ,

20:03.850 --> 20:05.906
we will work in tandem with partners

20:05.906 --> 20:08.010
around the world . Indeed , we'll be

20:08.010 --> 20:10.730
working with all of you because we need

20:10.730 --> 20:12.730
all hands on deck if we're actually

20:12.730 --> 20:14.841
going to make a difference , if we're

20:14.841 --> 20:16.730
going to build sustainable , long

20:16.730 --> 20:18.800
lasting change , that includes , for

20:18.800 --> 20:21.022
our part working with counterparts from

20:21.022 --> 20:23.189
other governments to develop their own

20:23.189 --> 20:25.133
domestic and global strategies for

20:25.133 --> 20:27.356
women's economic security . It includes

20:27.356 --> 20:29.356
applying the lessons from this work

20:29.356 --> 20:31.690
across the United States government as

20:31.700 --> 20:33.644
we build out action plans for each

20:33.644 --> 20:36.610
agency and each department to advance

20:36.610 --> 20:38.054
women's economic security

20:40.920 --> 20:43.710
at the end of the day . If you

20:44.830 --> 20:47.210
sort of cut all of this away and go to

20:47.210 --> 20:49.432
the heart of what we're talking about ,

20:49.432 --> 20:53.340
um there's also something very simple

20:53.340 --> 20:57.020
and straightforward promoting

20:57.020 --> 20:59.290
women's economic security is the right

20:59.290 --> 21:02.020
thing to do . But it's also the smart

21:02.030 --> 21:04.990
and necessary thing to do when everyone

21:04.990 --> 21:07.268
can contribute to their full potential ,

21:07.470 --> 21:09.790
our economies are more prosperous , our

21:09.790 --> 21:12.170
societies are more full of opportunity .

21:12.180 --> 21:14.650
Our nations are more peaceful and

21:14.660 --> 21:18.320
everyone is better off there too . It's

21:18.320 --> 21:20.542
as simple and straightforward as that .

21:20.590 --> 21:22.590
There's a huge amount of work to be

21:22.590 --> 21:24.790
done to make this real . To take the

21:24.790 --> 21:26.890
strategy that we've now put in place

21:27.170 --> 21:29.860
and to implement it . That's gonna take

21:29.860 --> 21:32.090
as I said , all hands on deck the work

21:32.090 --> 21:34.257
that so many of you have done to bring

21:34.257 --> 21:36.479
us to this moment when we have a strong

21:36.479 --> 21:38.590
strategy on paper has been absolutely

21:38.590 --> 21:40.757
essential . That's the good news . The

21:40.757 --> 21:42.923
bad news is we now have to get to work

21:42.923 --> 21:45.034
to make it real and we're counting on

21:45.034 --> 21:45.030
all of you to help us do that . Thank

21:45.030 --> 21:46.197
you very very much .

22:08.280 --> 22:10.058
Alright , so many thanks to the

22:10.058 --> 22:12.113
Secretary for his leadership . Happy

22:12.113 --> 22:14.470
New Year . This has been a long time

22:14.470 --> 22:16.581
coming this strategy . So I am beyond

22:16.581 --> 22:18.692
thrilled . So great to see all of you

22:18.692 --> 22:20.637
today . Um We're gonna have a five

22:20.637 --> 22:22.692
minute break right now , followed by

22:22.692 --> 22:24.414
remarks by U . S . A . I . D .

22:24.414 --> 22:26.414
Administrator power and the rest of

22:26.414 --> 22:28.581
today's program and panel discussion .

22:28.581 --> 22:31.570
So please be seated by 11 25 . Thank

22:31.570 --> 22:33.626
you all again so much for being here

26:36.450 --> 26:37.450
like someone .

27:20.060 --> 27:21.060
Right ,

27:54.810 --> 27:56.977
alright , if everyone could take their

27:56.977 --> 27:57.977
seats .

28:04.540 --> 28:06.650
Yes ma'am . Yeah ,

28:10.850 --> 28:12.150
now I'm like calm

28:14.670 --> 28:18.550
nine . Happy new Year . Thank you .

28:19.350 --> 28:19.800
Right ,

28:31.210 --> 28:32.580
alright bye .

28:38.010 --> 28:41.500
All right , thank you again everyone as

28:41.500 --> 28:43.444
previewed by Secretary Blinken and

28:43.444 --> 28:45.667
Director Klein . Today's celebration is

28:45.667 --> 28:48.520
multi fold . So we will have a brand

28:48.520 --> 28:51.220
new strategy which outlines our roadmap

28:51.220 --> 28:53.640
to women's economic security . We are

28:53.640 --> 28:56.930
also super excited to discuss in detail

28:56.930 --> 28:59.097
our partnership between the Department

28:59.097 --> 29:01.152
of State and U . S . A . I . D . And

29:01.152 --> 29:02.930
that will help us implement the

29:02.930 --> 29:05.260
objectives of this strategy . So here

29:05.260 --> 29:07.093
to tell us more about all of the

29:07.093 --> 29:09.149
critical work U . S . A . I . D . Is

29:09.149 --> 29:11.720
undertaking to advance global women's

29:11.730 --> 29:14.390
economic security . I'm deeply pleased

29:14.390 --> 29:16.446
and honored to welcome Administrator

29:16.446 --> 29:18.820
Samantha power to the stage

29:18.830 --> 29:20.774
administrator power . The floor is

29:20.774 --> 29:21.420
yours .

29:29.920 --> 29:32.190
Thank you so much , Cat , thank you for

29:32.190 --> 29:35.870
your incredible leadership of such an

29:35.870 --> 29:38.140
important part , not only of the State

29:38.140 --> 29:40.990
Department but of the entire uh U . S .

29:40.990 --> 29:43.270
Government's approach to promoting

29:43.270 --> 29:45.492
women's rights , women's empowerment of

29:45.492 --> 29:49.070
all kinds . Um so I generally make

29:49.080 --> 29:51.380
fairly ambitious New Year's resolutions

29:51.390 --> 29:54.650
that I don't keep . Um but I don't know

29:54.650 --> 29:56.483
that I've ever made a New Year's

29:56.483 --> 29:59.400
resolution as ambitious as and the

29:59.400 --> 30:01.622
economic oppression of women globally ,

30:02.090 --> 30:04.860
but that is what we are here uh to

30:04.860 --> 30:07.240
resolve to do so I think we're all on

30:07.240 --> 30:10.460
board with that as our objective and I

30:10.460 --> 30:12.516
can count on the individuals in this

30:12.516 --> 30:14.830
room uh to do everything in their power

30:14.830 --> 30:17.560
to stick with this of all New Year's

30:17.560 --> 30:20.680
resolutions . Um I'm really grateful

30:20.690 --> 30:22.912
every day to get to work with Secretary

30:22.912 --> 30:25.890
Blinken and Director Klein . Um

30:25.900 --> 30:29.560
both have done so much to

30:29.560 --> 30:33.320
spearhead work in this area . Um ,

30:33.330 --> 30:36.160
jen , of course with her dedicated role

30:36.170 --> 30:38.340
from the White House , having the ear

30:38.340 --> 30:41.320
of President biden um knowing that we

30:41.320 --> 30:43.620
have a president and a vice president

30:43.630 --> 30:47.310
who are seized with these issues

30:47.320 --> 30:50.010
not only when a particular strategy is

30:50.010 --> 30:52.600
rolled out , but every minute of every

30:52.600 --> 30:56.150
day of the year . And and uh their

30:56.160 --> 30:59.730
choice of gen to drive this

30:59.740 --> 31:03.170
entire agenda domestically and

31:03.170 --> 31:05.750
internationally was a brilliant one .

31:05.760 --> 31:07.982
And it is the gift that keeps on giving

31:07.982 --> 31:10.093
I think for all of our agencies every

31:10.093 --> 31:11.871
day . So thank you jen for your

31:11.871 --> 31:14.050
leadership . Um and then I of course

31:14.060 --> 31:18.030
must thank uh Jamila uh Biggio and

31:18.030 --> 31:20.440
the team in our gender equality and

31:20.440 --> 31:22.740
women's empowerment hub uh that have

31:22.740 --> 31:25.920
helped shape this important strategy .

31:25.930 --> 31:28.920
Uh Jamila , as you all know , is us a

31:28.920 --> 31:31.910
senior gender coordinator . Um and

31:31.910 --> 31:34.410
again is now out and about in the world

31:34.420 --> 31:36.930
in our missions , figuring out how we

31:36.930 --> 31:39.290
take these strategies , including the

31:39.290 --> 31:41.512
one we're launching here today and make

31:41.512 --> 31:45.210
them real in the lives of individual uh

31:45.220 --> 31:48.370
women . So launching this strategy of

31:48.370 --> 31:51.500
course , uh as secretary Blinken ,

31:51.510 --> 31:55.480
Director klein Cat and others know and

31:55.480 --> 31:58.680
have spoken to of course advances the

31:58.680 --> 32:02.110
cause of justice to not empower

32:02.120 --> 32:04.730
women or set out to do so would be

32:04.730 --> 32:07.580
abetting the cause of injustice . But

32:07.590 --> 32:11.200
today's launch is also born of a

32:11.200 --> 32:14.850
really important recognition um

32:14.860 --> 32:17.670
that I think is permeating more

32:17.670 --> 32:20.210
quarters than it ever has before . And

32:20.210 --> 32:22.321
it's the recognition of a very , very

32:22.321 --> 32:25.810
simple fact which is that we just can't

32:25.820 --> 32:28.730
solve the greatest challenges of our

32:28.730 --> 32:32.230
time without empowering women

32:32.240 --> 32:34.407
economically . It just can't be done ,

32:34.407 --> 32:38.240
it's structurally impossible . So take ,

32:38.240 --> 32:42.140
for example , the mounting food crisis

32:42.150 --> 32:45.400
that is harming devastating so many

32:45.400 --> 32:47.660
communities around the world . This is

32:47.660 --> 32:49.880
a crisis , to be sure , driven by

32:49.880 --> 32:52.740
drought driven by conflict , including

32:52.750 --> 32:56.210
Putin's invasion of Ukraine . But

32:56.220 --> 32:58.442
there's something else as you well know

32:58.442 --> 33:01.220
that has long fueled food insecurity

33:01.220 --> 33:03.940
and compounds it right now when it is

33:03.940 --> 33:05.910
hurting so many people and that is

33:05.910 --> 33:09.490
sexism . Women farmers who comprise

33:09.490 --> 33:11.712
nearly half the workforce in developing

33:11.712 --> 33:14.510
nations are often shut out of the

33:14.510 --> 33:18.240
training , the resources and the land

33:18.250 --> 33:20.260
that they need to be maximally

33:20.260 --> 33:22.530
productive , simply getting women

33:22.530 --> 33:25.210
farmers the same agricultural inputs ,

33:25.210 --> 33:27.980
just the same no more as their male

33:27.980 --> 33:31.010
counterparts could lift up to 150

33:31.010 --> 33:34.070
million people out of hunger that is

33:34.070 --> 33:37.980
within our reach to do take extreme

33:37.980 --> 33:40.036
poverty , another one of the world's

33:40.036 --> 33:42.147
toughest problems that we all wish to

33:42.147 --> 33:45.180
see tackled . We are currently living

33:45.180 --> 33:47.220
through the first increase in the

33:47.220 --> 33:49.164
number of people living in extreme

33:49.164 --> 33:52.360
poverty in two decades . If we want to

33:52.360 --> 33:54.820
reverse this crisis though , we don't

33:54.820 --> 33:58.060
need to look far the biggest source of

33:58.070 --> 34:01.550
untapped economic growth potential on

34:01.550 --> 34:04.700
planet Earth is unemployed and

34:04.710 --> 34:08.190
underemployed women As you've heard ,

34:08.200 --> 34:10.256
director Klein and Secretary Blinken

34:10.256 --> 34:12.200
note closing the gender gap in the

34:12.200 --> 34:15.130
global workforce could add $28 trillion

34:15.130 --> 34:18.600
dollars to global GDP think of how many

34:18.600 --> 34:21.550
boats would rise in such a scenario .

34:21.560 --> 34:24.370
We see this again and again when we

34:24.370 --> 34:26.930
remove the barriers that keep women

34:26.940 --> 34:28.773
from fully contributing to their

34:28.773 --> 34:31.430
communities , removing those barriers ,

34:31.430 --> 34:33.640
creates a better world for everybody .

34:34.380 --> 34:36.730
The strategy we are launching today

34:36.740 --> 34:40.550
marshals the energy and the

34:40.550 --> 34:42.383
determination and the New Year's

34:42.383 --> 34:44.590
resolutions of people working across

34:44.600 --> 34:48.520
agencies and issue areas in the U . S .

34:48.520 --> 34:51.390
Government to advance this effort for

34:51.390 --> 34:54.820
our part across USA And the State

34:54.820 --> 34:58.760
Department in 2023 we plan to invest

34:58.770 --> 35:01.200
$2.6 billion dollars in foreign

35:01.200 --> 35:03.740
assistance programs that promote gender

35:03.750 --> 35:06.960
equality , doubling our previous

35:06.970 --> 35:09.850
investment . We are achieving this not

35:09.860 --> 35:13.820
only excuse me not by cutting back on

35:13.820 --> 35:15.709
things like climate resilience or

35:15.709 --> 35:18.370
economic growth funding , but by

35:18.370 --> 35:22.040
investing in gender equality as a means

35:22.050 --> 35:24.910
of furthering these goals . Our

35:24.910 --> 35:27.460
flagship investment in this effort that

35:27.460 --> 35:29.630
you've already heard much talked about

35:29.640 --> 35:31.920
is our Gender equity and Equality

35:31.920 --> 35:35.440
Action or JIA fund , Which is

35:35.440 --> 35:38.580
starting with $300 million . We are

35:38.590 --> 35:42.210
excited to roll out this fund today .

35:42.220 --> 35:45.330
You'll be hearing more in the coming

35:45.340 --> 35:47.450
sessions about the initiatives that

35:47.450 --> 35:50.250
this new fund is going to support . But

35:50.250 --> 35:53.470
let me start by sharing just one . We

35:53.470 --> 35:55.980
are going to scale a program that I

35:55.980 --> 35:58.980
just love called engendering

35:58.990 --> 36:02.950
industries At energy companies around

36:02.950 --> 36:06.490
the world . Women hold just 22% of

36:06.490 --> 36:10.420
jobs and 14% of senior roles ,

36:10.430 --> 36:13.580
which means that an industry if you

36:13.580 --> 36:16.810
read the newspaper seriously in need

36:16.820 --> 36:19.900
of innovation rarely

36:19.900 --> 36:23.010
benefits from the skills and insights

36:23.020 --> 36:25.840
of a significant and very talented

36:25.840 --> 36:28.940
portion of the population . So starting

36:28.940 --> 36:32.640
back in 2015 , us AIDS Engendering

36:32.640 --> 36:35.390
Industries Program began offering

36:35.390 --> 36:38.480
training to gender equality champions

36:38.490 --> 36:40.720
of all gender identities at energy

36:40.720 --> 36:43.270
companies , providing them with

36:43.270 --> 36:46.710
customized change management coaching

36:46.720 --> 36:49.070
to help them drive progress within

36:49.070 --> 36:51.750
their companies . One of those gender

36:51.750 --> 36:54.500
equality champions who partnered with

36:54.500 --> 36:56.167
this initiative , Engendering

36:56.167 --> 36:59.230
Industries in Jordan's is an engineer

36:59.230 --> 37:02.840
named Reem Hamden . When Reem first

37:02.840 --> 37:06.080
started as an electrical engineer , her

37:06.080 --> 37:10.070
male managers at her company refused to

37:10.070 --> 37:12.340
train her , telling her that she would

37:12.340 --> 37:16.090
last only a few months , but she

37:16.090 --> 37:18.260
proved them wrong and she rose through

37:18.260 --> 37:20.340
the ranks at the company where she

37:20.340 --> 37:22.230
worked , which is called Medco

37:22.240 --> 37:25.590
eventually using the training and the

37:25.590 --> 37:27.920
coaching that she got from this USA

37:27.920 --> 37:29.531
program , flagship program ,

37:29.531 --> 37:32.020
Engendering Industries . She used that

37:32.020 --> 37:35.470
coaching also to help herself and to

37:35.470 --> 37:37.650
develop the confidence to put herself

37:37.650 --> 37:39.983
forward when she knew she had the goods ,

37:39.983 --> 37:42.060
but also to help other women at this

37:42.060 --> 37:44.360
company Echo to help them advance as

37:44.360 --> 37:47.210
well . Ed Co . Has about 1500

37:47.210 --> 37:50.820
employees since Reme started partnering

37:50.820 --> 37:53.570
with Engendering Industries , Ed Co .

37:53.580 --> 37:55.469
Has increased the number of women

37:55.469 --> 37:58.690
employees by 21% and

37:58.700 --> 38:01.990
Ream has risen to become the first

38:01.990 --> 38:04.430
Ceo of an electrical company in

38:04.430 --> 38:07.020
Jordan's history . Now this is a

38:07.020 --> 38:09.880
stunning accomplishment given that just

38:09.880 --> 38:12.970
3% of companies in the Middle East have

38:12.970 --> 38:16.710
a woman as Ceo and again

38:16.720 --> 38:18.831
this is the kind of thing that we can

38:18.831 --> 38:20.720
scale and we can expand and we're

38:20.720 --> 38:24.060
really excited to do so and enduring

38:24.060 --> 38:26.450
industries is already , has already

38:26.450 --> 38:28.561
moved from the energy sector to other

38:28.561 --> 38:31.030
male dominated industries or a lot to

38:31.030 --> 38:33.900
choose from . As you know , uh through

38:33.900 --> 38:36.650
the G . A fund , we are going to expand

38:36.660 --> 38:38.660
engendering industries and programs

38:38.660 --> 38:41.450
like it to promote gender equality in

38:41.450 --> 38:43.506
business worldwide everywhere , from

38:43.506 --> 38:46.580
agribusiness to information technology .

38:47.110 --> 38:49.070
And as you heard , Vice President

38:49.070 --> 38:51.292
Harris announced at the african Leaders

38:51.292 --> 38:53.292
Summit , we are going to scale this

38:53.292 --> 38:55.126
work with more african companies

38:55.126 --> 38:56.681
specifically as part of the

38:56.681 --> 38:58.626
administration's new initiative to

38:58.626 --> 39:01.480
drive inclusive economic growth and to

39:01.480 --> 39:03.230
improve trade flows across the

39:03.230 --> 39:06.020
continent . So when something is

39:06.020 --> 39:08.700
working and we have proof of concept ,

39:08.710 --> 39:11.370
we know it is working , it is a really

39:11.370 --> 39:13.540
good idea , generally speaking to

39:13.540 --> 39:16.710
expand its reach and if we are to

39:16.710 --> 39:20.420
exceed succeed in advancing the

39:20.420 --> 39:23.680
rights and prosperity of

39:23.680 --> 39:27.020
women globally and if we are to

39:27.020 --> 39:29.280
succeed in tackling the toughest

39:29.280 --> 39:32.030
challenges of our time , we need to do

39:32.030 --> 39:34.850
just that . And this is what this day

39:34.860 --> 39:36.749
represents . And this is just one

39:36.749 --> 39:38.749
example of the kind of work that is

39:38.749 --> 39:40.749
going to get scaled . Thanks to the

39:40.749 --> 39:42.804
efforts of all of you . Thank you so

39:42.804 --> 39:43.320
much .

39:55.650 --> 39:57.761
Alright , my son will be very happy ,

39:57.761 --> 39:59.650
he actually just did a project on

39:59.650 --> 40:01.940
administrator power . So I have to say

40:01.940 --> 40:04.910
I saw her today . Um so the Gender

40:04.910 --> 40:07.170
Equity and Equality Action fund or the

40:07.170 --> 40:09.750
GF fund represents innovative and

40:09.750 --> 40:11.583
catalytic action through foreign

40:11.583 --> 40:13.510
assistance to advance key women's

40:13.510 --> 40:16.600
economic security priorities . And I am

40:16.600 --> 40:19.570
now so pleased and honored to introduce

40:19.570 --> 40:21.626
you to Senior Coordinator for Gender

40:21.626 --> 40:23.860
Equality and Women's Empowerment in the

40:23.860 --> 40:26.030
office of the Administrator for US

40:26.030 --> 40:28.197
Agency for International Development .

40:28.197 --> 40:31.030
Jamila video , one of my great friends

40:31.030 --> 40:33.360
and great partners Jamila , please the

40:33.370 --> 40:34.390
floor is yours .

40:40.020 --> 40:42.590
Thank you so much . Hello everyone . It

40:42.590 --> 40:44.201
is such a pleasure to follow

40:44.201 --> 40:46.430
administrator powers powerful remarks

40:46.430 --> 40:48.930
and how she issued a call to action for

40:48.930 --> 40:52.260
us all um reinforcing what we're um

40:52.270 --> 40:54.710
rolling out today through the Women's

40:54.710 --> 40:56.500
Economic Security Strategy , a

40:56.500 --> 40:59.850
commitment to advance opportunities and

40:59.860 --> 41:02.590
incomes for women all around the world ,

41:02.600 --> 41:04.940
recognizing that this will benefit

41:04.950 --> 41:07.170
communities and countries worldwide .

41:07.810 --> 41:10.032
And as part of this , as you've heard ,

41:10.032 --> 41:12.199
we're thrilled to roll out our G . F .

41:12.199 --> 41:14.310
Fund . So I'll start off by sharing a

41:14.310 --> 41:16.477
little bit more about the G . F . Fund

41:16.477 --> 41:18.310
and then invite to the stage our

41:18.310 --> 41:20.366
panelists who are all implementing G

41:20.366 --> 41:22.588
activities to discuss how their efforts

41:22.588 --> 41:24.699
are accelerating progress for women's

41:24.699 --> 41:27.350
Economic Security . The US government

41:27.360 --> 41:29.440
has a longstanding bipartisan

41:29.440 --> 41:31.218
commitment to advancing women's

41:31.218 --> 41:32.773
economic empowerment across

41:32.773 --> 41:35.320
administrations and with congressional

41:35.320 --> 41:38.170
support , we have built on this long

41:38.170 --> 41:40.240
history of investments and lessons

41:40.240 --> 41:43.590
learned to inform the priorities and

41:43.590 --> 41:45.590
principles of the Gender equity and

41:45.590 --> 41:48.110
Equality Action Fund . So the goal of

41:48.110 --> 41:51.860
the fund is twofold . So we are going

41:51.860 --> 41:54.480
to be increasing advancing the economic

41:54.480 --> 41:57.260
security of women and girls by first

41:57.270 --> 41:59.580
increasing their access to resources ,

41:59.580 --> 42:02.040
services and leadership opportunities ,

42:02.050 --> 42:04.640
and second by addressing the barriers

42:04.650 --> 42:06.872
that limit their ability to participate

42:06.872 --> 42:09.750
fully in the economy . The fund invests

42:09.750 --> 42:12.020
in partners around the world and it

42:12.020 --> 42:14.540
enables us to accelerate our progress

42:14.550 --> 42:16.950
on the priorities outlined in the

42:16.950 --> 42:19.020
strategy launched today . So we're

42:19.020 --> 42:21.440
gonna be launching new partnerships and

42:21.440 --> 42:23.384
flagship projects . We're gonna be

42:23.384 --> 42:25.670
scaling successful activities as you

42:25.670 --> 42:27.810
heard Administrator Power describe in

42:27.810 --> 42:29.977
the case of the Engendering Industries

42:29.977 --> 42:32.199
Project , and we're gonna be responding

42:32.199 --> 42:34.421
to two countries around the world where

42:34.421 --> 42:36.366
there are opportunities to advance

42:36.366 --> 42:38.670
progress on women's economic Security .

42:39.160 --> 42:41.810
The G . F . Fund is managed by USA is

42:41.810 --> 42:44.032
gender equality and women's empowerment

42:44.032 --> 42:46.199
hub and it's implemented by US Aid and

42:46.199 --> 42:48.366
the State Department . Together we are

42:48.366 --> 42:50.310
investing in programs that promote

42:50.310 --> 42:52.421
economic competitiveness through well

42:52.421 --> 42:54.421
paying and quality jobs for women .

42:54.421 --> 42:56.421
We're incentivizing governments and

42:56.421 --> 42:58.588
private sector investment in expanding

42:58.588 --> 43:01.030
access to care services and supporting

43:01.030 --> 43:03.280
protections for caregiving for the

43:03.280 --> 43:05.960
caregiving workforce to secure women's

43:05.960 --> 43:08.420
economic future . We are investing in

43:08.420 --> 43:10.560
green jobs and women's leadership and

43:10.560 --> 43:13.340
climate finance . We're also promoting

43:13.350 --> 43:15.572
entrepreneurship opportunities . We are

43:15.572 --> 43:18.830
closing gaps in financial and digital

43:18.840 --> 43:21.470
access and we are securing women's

43:21.480 --> 43:24.080
opportunity to participate in trade and

43:24.080 --> 43:26.720
investment and finally , through the G .

43:26.720 --> 43:29.070
F . Fund we are dismantling systemic

43:29.070 --> 43:31.014
gender barriers that limit women's

43:31.014 --> 43:33.410
economic security . All of our

43:33.410 --> 43:35.290
activities are informed by key

43:35.290 --> 43:37.990
principles . These include a commitment

43:38.000 --> 43:40.060
to partnership with private sector

43:40.070 --> 43:42.480
foundations , bilateral multilateral

43:42.480 --> 43:44.870
donors . Because we know to achieve the

43:44.870 --> 43:47.670
goals that we have set of advancing

43:47.670 --> 43:49.726
women's economic security of closing

43:49.726 --> 43:51.781
the gap so that we can realize their

43:51.781 --> 43:53.837
full economic potential that it will

43:53.837 --> 43:56.050
take all of us . And so we are really

43:56.050 --> 43:58.650
excited to be drawing on the G . F .

43:58.650 --> 44:00.420
Fund resource to launch new

44:00.420 --> 44:03.880
partnerships . Um We also know that to

44:03.880 --> 44:06.160
make real change on the ground in

44:06.160 --> 44:08.104
countries around the world that it

44:08.104 --> 44:10.420
takes local leadership uh local

44:10.420 --> 44:13.310
partners and that informs our

44:13.310 --> 44:15.900
commitment for direct engagement with

44:15.910 --> 44:18.520
implementation through and support for

44:18.520 --> 44:20.930
local organizations , particularly

44:20.930 --> 44:23.280
those led by women and girls dead in

44:23.280 --> 44:25.280
those dedicated to promoting gender

44:25.280 --> 44:27.058
equality . And finally , of our

44:27.058 --> 44:29.058
principles , I would just note that

44:29.058 --> 44:31.058
we've also recognized that a key to

44:31.058 --> 44:33.480
sustainable change is transforming

44:33.480 --> 44:36.090
systemic and structural inequalities .

44:36.100 --> 44:37.822
You heard the example that the

44:37.822 --> 44:40.370
administrators cited of the gaps that

44:40.370 --> 44:42.260
women farmers face in accessing

44:42.260 --> 44:44.930
agricultural inputs to change that we

44:44.930 --> 44:47.370
need to look at why they do not have

44:47.380 --> 44:50.310
the same access to those agricultural

44:50.310 --> 44:52.440
inputs . And that means looking at

44:52.450 --> 44:54.728
discriminatory laws and pray witnesses ,

44:54.728 --> 44:56.839
for example , that limit their access

44:56.839 --> 44:59.520
to land or to loans . It means looking

44:59.520 --> 45:03.150
at harmful gender norms that influence

45:03.160 --> 45:05.670
the what land they are allowed to work

45:05.670 --> 45:07.448
on and that influence the other

45:07.448 --> 45:09.726
economic opportunities that women have .

45:09.726 --> 45:11.948
It means engaging men and boys . And it

45:11.948 --> 45:14.520
also means attention to marginalize and

45:14.520 --> 45:16.950
underserved populations that we reach

45:16.950 --> 45:19.200
them through our programming and ensure

45:19.200 --> 45:22.820
programming um benefits all of our

45:22.820 --> 45:25.020
partners around the world . So the G .

45:25.020 --> 45:27.450
F . Fund has started its activities as

45:27.450 --> 45:29.600
you've heard . Um And so we are now

45:29.600 --> 45:32.870
thrilled today to be joined by some of

45:32.880 --> 45:35.040
the partners of US Aid and the State

45:35.040 --> 45:37.280
Department who are in charge of some of

45:37.280 --> 45:39.391
these activities . Um So I'm thrilled

45:39.391 --> 45:41.560
to invite them to the stage . Now we

45:41.560 --> 45:44.250
have Hannah Brick see who is the global

45:44.250 --> 45:46.417
Director of Gender with the World Bank

45:46.417 --> 45:49.370
Group . We have Emily Coonan who is the

45:49.370 --> 45:51.440
sustainability senior director ,

45:51.450 --> 45:53.920
Sustainable Agriculture at Pepsico .

45:53.930 --> 45:56.097
And we have Connie Gonzalez who is the

45:56.097 --> 45:57.986
deputy director at the Center for

45:57.986 --> 46:00.097
Women's Economic Empowerment with the

46:00.097 --> 46:01.930
Center for International Private

46:01.930 --> 46:04.097
Enterprise . So please I'd now like to

46:04.097 --> 46:06.650
invite our panelists to the stage and

46:06.650 --> 46:08.817
we will have an opportunity to discuss

46:08.817 --> 46:09.983
your work together .

46:13.520 --> 46:14.520
Anything .

46:17.810 --> 46:18.810
Mhm .

46:23.440 --> 46:26.860
Wonderful . Um So Hannah , we'll start

46:26.870 --> 46:30.000
with you . Absolutely . And the work of

46:30.010 --> 46:32.100
the World Bank . So COVID-19

46:32.110 --> 46:34.240
highlighted for us all the economic

46:34.240 --> 46:36.030
imperative of investing in the

46:36.040 --> 46:38.150
character U . S . A . S . Have been

46:38.150 --> 46:40.270
thrilled to join the World Bank and

46:40.280 --> 46:42.360
other governments and foundations in

46:42.360 --> 46:44.250
launching the invest in childcare

46:44.260 --> 46:46.730
initiative which is an initiative meant

46:46.740 --> 46:49.660
to boost access to child care sir . So

46:49.660 --> 46:51.827
please we'd love to hear more from you

46:51.827 --> 46:53.438
about how this initiative is

46:53.438 --> 46:55.327
accelerating progress in building

46:55.327 --> 46:57.710
access to child care around the world

46:57.720 --> 47:00.560
and how can partners who are committed

47:00.560 --> 47:02.880
to accelerating and investing in

47:02.880 --> 47:05.000
childcare drawing the lessons of the

47:05.000 --> 47:07.380
World Bank's work in this space . Thank

47:07.380 --> 47:09.610
you . Thank you so much Jamil and uh

47:09.620 --> 47:13.090
congratulations on the uh the World

47:13.100 --> 47:16.370
Bank , truly delighted to have this

47:16.370 --> 47:20.160
partnership this year and uh partner on

47:20.170 --> 47:22.780
invest in childcare initiative .

47:22.790 --> 47:25.560
Childcare is a game changer for for

47:25.560 --> 47:27.620
women's Economic empowerment and for

47:27.630 --> 47:30.280
gender equality . In fact , childcare

47:30.290 --> 47:33.880
delivers multiple benefits and impact

47:34.290 --> 47:36.346
And context in low and middle-income

47:36.346 --> 47:38.790
countries in particular , we see that

47:38.800 --> 47:42.050
childcare enables women to get benefit

47:42.050 --> 47:43.994
from economic opportunities and to

47:43.994 --> 47:45.717
participate in labor force and

47:45.717 --> 47:47.883
countries in the Middle East and North

47:47.883 --> 47:49.950
Africa or South Asia . Female labor

47:49.950 --> 47:52.280
force participation is often as low as

47:52.290 --> 47:56.030
20% . And child care has been shown

47:56.040 --> 47:59.360
through evidence as a key barrier to

47:59.370 --> 48:01.537
women's participation in labor force .

48:01.537 --> 48:03.930
2nd , based on our analysis , we see

48:03.930 --> 48:07.770
that expanding quality and affordable

48:07.770 --> 48:10.740
child care can general jobs , good

48:10.740 --> 48:12.684
quality jobs that are effective to

48:12.684 --> 48:16.120
women . We also see that for

48:16.120 --> 48:18.990
firms in the private sector , when

48:18.990 --> 48:21.390
women have access to childcare , the

48:21.390 --> 48:23.710
productivity of businesses is higher

48:24.510 --> 48:26.454
and importantly , when it comes to

48:26.454 --> 48:29.010
human capital , we see that early

48:29.010 --> 48:31.670
learning and development of social

48:31.680 --> 48:33.950
emotional skills through quality .

48:33.950 --> 48:37.350
Childcare has huge benefits for human

48:37.350 --> 48:39.350
capital development of Children of

48:39.360 --> 48:41.600
young Children for their future and

48:41.600 --> 48:44.170
also of older siblings because in in

48:44.170 --> 48:46.114
countries in low income and middle

48:46.114 --> 48:49.110
income countries , it is also often the

48:49.120 --> 48:51.680
older sisters who need to drop from

48:51.680 --> 48:54.080
schools to take care of their Children .

48:54.090 --> 48:56.780
So this is just to illustrate that

48:56.790 --> 48:59.850
affordable and quality child care is a

48:59.860 --> 49:02.860
really key investment with huge

49:02.880 --> 49:06.450
development development impact . Now ,

49:06.450 --> 49:09.090
what we do in the invest in Childcare

49:09.100 --> 49:12.660
initiative is number one is to

49:12.670 --> 49:15.780
generate more evidence not only how

49:15.790 --> 49:18.330
childcare mirrors for for women's

49:18.330 --> 49:20.540
empowerment and gender equality , but

49:20.550 --> 49:23.960
also how to how to how to

49:23.970 --> 49:27.640
ensure access to quality and

49:27.640 --> 49:30.010
affordable child care . Because often

49:30.020 --> 49:32.200
it is capacity constraints . It is

49:32.210 --> 49:34.210
institutional constraints . It is

49:34.210 --> 49:37.370
social norms as well as it may be

49:37.380 --> 49:40.780
issues of uh community norms and

49:40.780 --> 49:44.170
community infrastructure . So investing

49:44.180 --> 49:47.290
in solutions and demonstrating what

49:47.300 --> 49:49.820
works is really is really key . And of

49:49.820 --> 49:52.780
course this requires public sector , it

49:52.780 --> 49:55.150
requires policy reforms , it requires

49:55.160 --> 49:57.380
legal reforms . It also requires

49:57.390 --> 50:01.010
private sector involvement and it also

50:01.020 --> 50:03.680
benefits from community engagements .

50:03.680 --> 50:06.290
So we are building on strong

50:06.300 --> 50:09.690
uh foundations through the World Bank

50:09.690 --> 50:12.020
group programs in these areas ,

50:12.030 --> 50:14.970
including the women's business and law

50:15.170 --> 50:18.510
analysis , uh including projects that

50:18.520 --> 50:21.130
already engage with communities and

50:21.130 --> 50:22.963
with the private sector and with

50:22.963 --> 50:26.500
governments to improve capacity and

50:26.510 --> 50:29.340
improve access to services and

50:29.350 --> 50:31.128
including engagement with civil

50:31.128 --> 50:33.130
societies . So specifically what to

50:33.140 --> 50:35.307
invest in childcare initiative will do

50:35.307 --> 50:37.460
in our partnership is number one

50:37.470 --> 50:39.350
provide competitive funding to

50:39.350 --> 50:42.360
governments so that the government can

50:42.380 --> 50:45.080
submit calls for not only governments ,

50:45.080 --> 50:47.302
countries also including private sector

50:47.302 --> 50:49.640
can submit proposals and we already

50:49.650 --> 50:51.872
include . We already finished the first

50:51.872 --> 50:53.706
call for proposals . We received

50:53.706 --> 50:56.340
excellent proposals from 40 countries

50:56.450 --> 50:59.580
and started collaboration in 25

50:59.580 --> 51:01.802
countries , including the engagement of

51:01.802 --> 51:03.690
civil society organizations in

51:03.690 --> 51:05.900
expanding access to quality affordable

51:05.900 --> 51:09.370
childcare . Second Investing in

51:09.370 --> 51:12.570
global analytical work including impact

51:12.580 --> 51:15.050
evaluations on what works . So we are

51:15.050 --> 51:18.800
now planning 15 uh impact evaluations

51:18.800 --> 51:21.360
and engagements with governments and

51:21.360 --> 51:23.471
statistical offices to improve access

51:23.471 --> 51:25.980
also to data and better understanding

51:25.990 --> 51:28.770
of what the barriers are access to

51:28.780 --> 51:32.280
child care . Third integrating

51:32.280 --> 51:34.760
Childcare across World Bank Group

51:34.770 --> 51:38.770
Operations and Activities And fourth ,

51:38.780 --> 51:41.890
providing matching funds up to 10

51:41.890 --> 51:44.370
million per countries through the World

51:44.370 --> 51:46.810
Bank Group investments . And this will

51:46.810 --> 51:49.240
further incentivize governments also to

51:49.250 --> 51:52.320
invest more in in childcare . Now in

51:52.320 --> 51:54.376
terms of results that we expect from

51:54.376 --> 51:58.150
our partnerships we expect To see in

51:58.160 --> 52:01.460
countries improved policies . We expect

52:01.470 --> 52:05.130
to see expanded programs with

52:05.140 --> 52:08.520
quality that is measured and we expect

52:08.530 --> 52:10.474
to see improvements in quality and

52:10.474 --> 52:12.250
access at scale in at least 30

52:12.250 --> 52:16.010
countries . We also expect more

52:16.020 --> 52:18.380
data and impact evaluations to be

52:18.390 --> 52:20.840
available to countries across regions

52:20.840 --> 52:22.896
and globally to inspire countries to

52:22.896 --> 52:25.990
further action . And we also expect

52:26.000 --> 52:28.270
greater investment by the private

52:28.270 --> 52:30.860
sector . Now , let me just conclude

52:30.860 --> 52:34.770
also to congratulate you on the U . S .

52:34.770 --> 52:37.650
Global Women's Economic Security

52:37.650 --> 52:39.761
Strategy at the World Bank Group . We

52:39.761 --> 52:41.817
are now launching the development of

52:41.817 --> 52:44.120
our World Bank Group gender strategy

52:44.130 --> 52:46.920
update . This is an opportunity to

52:46.930 --> 52:49.780
engage to consult with stakeholders

52:49.780 --> 52:52.320
with partners around the globe . We

52:52.330 --> 52:55.230
expect that we would put a lot of

52:55.240 --> 52:57.950
emphasis on further improvements in

52:57.950 --> 52:59.850
gender equality when it comes to

52:59.860 --> 53:02.270
building and protecting human capital

53:02.280 --> 53:04.550
when it comes to jobs when it comes to

53:04.560 --> 53:07.830
assets , ownership and control . And

53:07.840 --> 53:10.330
also when it comes to leadership ,

53:10.340 --> 53:13.570
voice and agency . And in fact women's

53:13.570 --> 53:16.520
leadership is a key area that we are

53:16.520 --> 53:20.010
now strengthening the emphasis on as a

53:20.020 --> 53:23.630
part of the solution to many crises ,

53:23.640 --> 53:25.820
as part of the solution to fragility

53:25.830 --> 53:29.330
conflict to food crisis and also to

53:29.340 --> 53:31.562
climate change . So thank you again for

53:31.562 --> 53:33.673
the partnership and congratulations .

53:33.673 --> 53:36.090
Thank you so much Hannah . Um and we've

53:36.100 --> 53:38.322
been thrilled . This is an example of a

53:38.322 --> 53:40.120
partnership that together we've

53:40.130 --> 53:43.760
mobilized over 100 and $80 million

53:43.770 --> 53:45.937
towards the goal of investing in child

53:45.937 --> 53:48.300
care around the world with a commitment

53:48.310 --> 53:51.150
by U . S . Aid of investing $50 million

53:51.150 --> 53:53.950
over over five years subject to the

53:53.960 --> 53:56.127
availability of those funds . But it's

53:56.127 --> 53:59.050
a real commitment where we see

53:59.060 --> 54:01.470
bilateral governments , foundations and

54:01.470 --> 54:03.810
others come around the table and say

54:03.820 --> 54:06.460
let us together join our resources and

54:06.460 --> 54:08.680
our commitment to drive progress on an

54:08.680 --> 54:11.430
issue that the pandemic spotlighted for

54:11.430 --> 54:14.080
us all is truly an economic imperative .

54:14.090 --> 54:16.201
Um So thank you for the work that the

54:16.201 --> 54:18.312
World Bank is leading there . Um I'll

54:18.312 --> 54:21.970
turn next to Pepsico . So another

54:21.970 --> 54:24.480
example of a partnership that we are

54:24.480 --> 54:26.702
really thrilled to have and that we see

54:26.702 --> 54:28.424
is so critical to the goals of

54:28.424 --> 54:30.424
advancing women's economic security

54:30.424 --> 54:32.313
around the world , to really look

54:32.313 --> 54:34.380
within private sector within supply

54:34.380 --> 54:38.220
chains of how you are identifying the

54:38.220 --> 54:42.150
opportunities to increase um to make

54:42.150 --> 54:44.317
the business case for women's economic

54:44.317 --> 54:46.640
empowerment for their participation in

54:46.640 --> 54:49.230
supply chains . Pepsico has made a real

54:49.230 --> 54:51.950
commitment um working in potato and

54:51.950 --> 54:54.230
plantain supply chains to increase

54:54.230 --> 54:56.341
women's incomes , to strengthen their

54:56.341 --> 54:59.310
livelihood um and to really see as part

54:59.310 --> 55:02.380
of that the benefits to the company

55:02.380 --> 55:05.080
into your supply chain of doing so . Um

55:05.090 --> 55:07.720
so Emily , we'd love to hear from you

55:07.730 --> 55:10.710
um more about Pepsico's experience of

55:10.710 --> 55:12.766
what results you're seeing from this

55:12.766 --> 55:15.310
partnership and how you see those

55:15.320 --> 55:17.870
informing the company's efforts and

55:17.870 --> 55:19.314
other spaces to build the

55:19.314 --> 55:22.130
sustainability of its its agricultural

55:22.130 --> 55:24.297
supply chains around the world . Thank

55:24.297 --> 55:26.519
you . Yeah , absolutely , thank you for

55:26.519 --> 55:28.680
having me . Um and congratulations as

55:28.680 --> 55:31.580
well , um to just give a bit of a bit

55:31.580 --> 55:33.802
of a background Pepsico is committed to

55:33.802 --> 55:35.969
what we call Pepsico positive and this

55:35.969 --> 55:38.080
is what we're calling our fundamental

55:38.080 --> 55:40.040
transformation of our business to

55:40.040 --> 55:42.060
create growth and shared value with

55:42.060 --> 55:44.282
sustainability and human capital at the

55:44.282 --> 55:46.700
center . One of the aims of Pepsico

55:46.700 --> 55:48.900
positive is to improve the livelihoods

55:48.900 --> 55:51.260
of more than 250,000 people in our

55:51.260 --> 55:52.927
agricultural supply chain and

55:52.927 --> 55:56.190
communities by 2030 and that includes a

55:56.190 --> 55:58.412
focus on women's economic empowerment .

55:58.960 --> 56:01.340
So our work with us , a um that you

56:01.340 --> 56:03.340
mentioned on women's empowerment is

56:03.340 --> 56:05.507
really a great example of how we bring

56:05.507 --> 56:08.620
that Pepsico positive um work to life .

56:08.630 --> 56:11.010
So the work like you were saying is not

56:11.010 --> 56:13.270
just um it's looking at both the

56:13.270 --> 56:15.620
outcomes related to women's empowerment ,

56:15.630 --> 56:17.741
but it's also working on changing the

56:17.741 --> 56:19.963
way in which companies who are involved

56:19.963 --> 56:22.150
in agriculture and agricultural value

56:22.150 --> 56:24.310
chains view the business case for

56:24.310 --> 56:27.620
gender inclusive supply chains . So

56:27.630 --> 56:31.080
going back to 2019 USa and Pepsico ,

56:31.080 --> 56:33.191
we're looking at the body of evidence

56:33.191 --> 56:35.080
for gender inclusive supply chain

56:35.080 --> 56:37.380
approaches , and we've heard a lot

56:37.380 --> 56:40.270
about the the evidence the case for

56:40.270 --> 56:42.492
this out there , but we felt that there

56:42.492 --> 56:44.603
could be really more done to make the

56:44.603 --> 56:46.659
broad case um for agricultural based

56:46.659 --> 56:48.381
companies to approach sourcing

56:48.381 --> 56:50.270
differently and approach how they

56:50.270 --> 56:52.470
engage farmers differently . Um and so

56:52.470 --> 56:54.692
that's where we decided to build really

56:54.692 --> 56:56.859
this core a set of core business cases

56:56.859 --> 56:58.970
for women's empowerment and a variety

56:58.970 --> 57:01.790
of different contexts . So in 2020

57:01.800 --> 57:03.967
Pepsico and USa had created the Global

57:03.967 --> 57:05.689
Development Alliance um called

57:05.689 --> 57:07.911
investing in women to strengthen supply

57:07.911 --> 57:09.800
chain programs . And this work is

57:09.800 --> 57:11.967
focused in five different countries of

57:11.967 --> 57:13.856
India , Pakistan Vietnam Peru and

57:13.856 --> 57:16.850
Colombia . So just a bit more about

57:16.850 --> 57:19.072
that work , there's 44 pillars that are

57:19.072 --> 57:21.128
really intentionally focused on both

57:21.128 --> 57:23.350
social outcomes and business outcomes .

57:23.350 --> 57:25.517
Those four pillars are gender informed

57:25.517 --> 57:27.350
demonstration farms investing in

57:27.350 --> 57:29.183
women's empowerment solutions in

57:29.183 --> 57:31.450
agriculture building the capacity of

57:31.450 --> 57:33.900
Pepsico's local teams to support gender

57:33.900 --> 57:36.590
inclusion and influencing industry more

57:36.590 --> 57:38.880
broadly . So this is not just about the

57:38.880 --> 57:41.047
case for Pepsico but how can we really

57:41.047 --> 57:43.660
take this to the wider industry ? So

57:43.660 --> 57:46.220
you asked about um the results that

57:46.220 --> 57:49.420
we're seeing the implementation ? Um it

57:49.420 --> 57:51.640
has been slow because of Covid but we

57:51.640 --> 57:53.600
are seeing um initial results ,

57:53.600 --> 57:55.822
particularly in India where some of the

57:55.822 --> 57:58.110
work began earlier . So just to share

57:58.110 --> 58:00.980
some of those results , um we've seen

58:00.980 --> 58:03.460
that 95% of the women who ,

58:05.000 --> 58:07.111
sorry , can you hear me ? All right ,

58:07.111 --> 58:10.530
Okay , of the women um involved in the

58:10.530 --> 58:12.586
program improved their confidence as

58:12.586 --> 58:15.350
farmers , 74% improved their access to

58:15.350 --> 58:18.100
productive resources like land tools

58:18.100 --> 58:20.156
and equipment , which we heard about

58:20.156 --> 58:22.780
how important that that is , 84%

58:22.780 --> 58:24.891
improved their ability to participate

58:24.891 --> 58:26.613
in decisions about farming and

58:26.613 --> 58:29.290
household income . And these positive

58:29.300 --> 58:31.600
women's empowerment results have also

58:31.600 --> 58:34.290
led to improved business case results ,

58:34.290 --> 58:37.030
such as 94% of the women participating

58:37.030 --> 58:39.363
have had improved perception of Pepsico ,

58:39.363 --> 58:42.580
97% have gained new agra gnomic skills

58:42.580 --> 58:44.802
and knowledge that they've been applied

58:44.802 --> 58:47.760
and that's helped contribute to a 55%

58:47.760 --> 58:49.927
increase in income for the families of

58:49.927 --> 58:53.030
those involved . Now I mentioned that

58:53.030 --> 58:55.170
the work is underway um in in other

58:55.170 --> 58:57.114
countries as well . And so just to

58:57.114 --> 58:59.337
share some examples of the type of work

58:59.337 --> 59:01.590
that's ongoing . Um it includes

59:01.590 --> 59:03.701
technology provision and training for

59:03.701 --> 59:06.700
women as leads in innovation . So in

59:06.700 --> 59:08.811
Vietnam for example , the local teams

59:08.811 --> 59:10.478
there have been combining the

59:10.478 --> 59:12.589
installation and use of fertilization

59:12.589 --> 59:14.533
technology with inclusive economic

59:14.533 --> 59:16.880
training to upscale local women farmers

59:17.250 --> 59:19.390
back in India . The G . D . A . Teams

59:19.390 --> 59:21.446
have been working closely with local

59:21.446 --> 59:23.112
providers to bring the latest

59:23.112 --> 59:25.168
irrigation equipment to those gender

59:25.168 --> 59:27.390
demonstration farms that I mentioned as

59:27.390 --> 59:29.223
the first pillar of the work and

59:29.223 --> 59:31.501
training women and how to install them ,

59:31.501 --> 59:33.612
use them and maintain those systems .

59:33.612 --> 59:36.010
Another example of the type of activity

59:36.010 --> 59:38.121
is ensuring that women have access to

59:38.121 --> 59:40.130
basic um economic training for the

59:40.130 --> 59:42.186
tasks that they choose to perform in

59:42.186 --> 59:44.640
agriculture . So an example there is in

59:44.640 --> 59:47.280
Pakistan where for the first time women

59:47.280 --> 59:49.336
farm workers are receiving inclusive

59:49.336 --> 59:51.650
economic training and enabling them to

59:51.650 --> 59:54.190
lead on key aspects of sowing planting

59:54.200 --> 59:57.910
and harvesting processes . So together

59:57.920 --> 01:00:00.750
the partners um in the in this program

01:00:00.750 --> 01:00:02.639
are really looking to provide and

01:00:02.639 --> 01:00:05.090
develop those evidence based models of

01:00:05.090 --> 01:00:08.070
how new on farm approaches um data and

01:00:08.070 --> 01:00:10.237
insights really make the practical and

01:00:10.237 --> 01:00:12.014
compelling business case to for

01:00:12.014 --> 01:00:14.237
companies to scale their investments in

01:00:14.237 --> 01:00:16.459
women's economic empowerment within the

01:00:16.459 --> 01:00:17.903
agriculture value chain .

01:00:21.300 --> 01:00:24.660
Thank you . Um for Pepsico's work ,

01:00:24.670 --> 01:00:27.950
we're so grateful for that partnership

01:00:27.960 --> 01:00:30.150
as part of the example of a commitment

01:00:30.150 --> 01:00:32.372
we've made through the strategy through

01:00:32.372 --> 01:00:34.870
the G . F funds that to reach our goals

01:00:34.870 --> 01:00:37.500
on women's economic security . We need

01:00:37.500 --> 01:00:39.333
the private sector . We need the

01:00:39.333 --> 01:00:41.167
private sector to increase those

01:00:41.167 --> 01:00:43.111
opportunities for women around the

01:00:43.111 --> 01:00:45.330
world to fully participate . Um so

01:00:45.340 --> 01:00:47.340
grateful for all the work that that

01:00:47.340 --> 01:00:49.229
Pepsico and you are doing in that

01:00:49.229 --> 01:00:51.600
towards that goal , Connie turning to

01:00:51.600 --> 01:00:53.830
you , you're looking at another aspect

01:00:53.830 --> 01:00:55.719
of the private sector and women's

01:00:55.719 --> 01:00:59.070
involvement uh through women's Chambers

01:00:59.070 --> 01:01:01.330
of Commerce and business associations ,

01:01:01.340 --> 01:01:03.920
which provide a critical platform to

01:01:03.920 --> 01:01:05.660
organize and support women

01:01:05.660 --> 01:01:07.604
entrepreneurs to advocate on their

01:01:07.604 --> 01:01:10.160
behalf . And your organization , the

01:01:10.160 --> 01:01:11.993
Center for International Private

01:01:11.993 --> 01:01:14.104
Enterprises Building on that system .

01:01:14.104 --> 01:01:15.993
Your networking women Chambers of

01:01:15.993 --> 01:01:18.104
Commerce and Business associations so

01:01:18.104 --> 01:01:20.270
that they can do more to help address

01:01:20.270 --> 01:01:22.381
the barriers that women entrepreneurs

01:01:22.381 --> 01:01:24.437
face . Secretary Blinken highlighted

01:01:24.437 --> 01:01:26.437
the example of that program and his

01:01:26.437 --> 01:01:28.659
remarks . Um so really thrilled to have

01:01:28.659 --> 01:01:30.937
the opportunity to hear from you about .

01:01:30.937 --> 01:01:33.110
What priorities do women entrepreneurs

01:01:33.110 --> 01:01:34.943
find ? What are you finding that

01:01:34.943 --> 01:01:37.110
women's Chambers of Commerce today are

01:01:37.110 --> 01:01:39.221
highlighting where we need to focus .

01:01:39.260 --> 01:01:41.093
Yeah , thank you so much for the

01:01:41.093 --> 01:01:43.590
question and also the invitation to be

01:01:43.590 --> 01:01:46.670
here today . Um one of the reasons why

01:01:46.670 --> 01:01:48.670
we're so excited to be here for the

01:01:48.670 --> 01:01:50.892
launch of the Women's Economic Security

01:01:50.892 --> 01:01:52.781
Strategy is precisely because the

01:01:52.781 --> 01:01:54.614
priorities that we hear from our

01:01:54.614 --> 01:01:56.726
Women's Business Association partners

01:01:56.726 --> 01:01:58.990
closely mere those lines of efforts

01:01:58.990 --> 01:02:01.460
that have been um set forth in the Geo

01:02:01.460 --> 01:02:03.650
Fund , the Women's Economic Security

01:02:03.650 --> 01:02:07.570
Strategy and the 2022

01:02:07.570 --> 01:02:09.514
strategy to prevent and respond to

01:02:09.514 --> 01:02:11.403
gender based violence , which was

01:02:11.403 --> 01:02:13.514
launched by the State Department last

01:02:13.514 --> 01:02:15.737
month . Um the Center for International

01:02:15.737 --> 01:02:18.100
Private enterprise or site where I work

01:02:18.110 --> 01:02:20.332
is partnering with the State Department

01:02:20.332 --> 01:02:22.499
in 18 countries in central and Eastern

01:02:22.499 --> 01:02:24.800
europe , um to connect women business

01:02:24.800 --> 01:02:28.280
associations through uh

01:02:28.290 --> 01:02:31.020
networking training and advocacy . This

01:02:31.020 --> 01:02:33.580
project called the champs has the angle

01:02:33.580 --> 01:02:35.980
to improve women's economic security .

01:02:35.990 --> 01:02:39.060
Um One of our partner organizations is

01:02:39.060 --> 01:02:41.227
working in Eastern Slovakia , near the

01:02:41.227 --> 01:02:43.760
border of Ukraine . And it's a great

01:02:43.760 --> 01:02:45.704
example . Their programming is the

01:02:45.704 --> 01:02:47.760
greatest example of how addressing a

01:02:47.760 --> 01:02:50.170
wide range of barriers can really lead

01:02:50.170 --> 01:02:53.430
to greater success . Um as a result of

01:02:53.430 --> 01:02:55.486
the influx of the Ukrainian refugees

01:02:55.486 --> 01:02:57.680
are partner pivoted their programs to

01:02:57.680 --> 01:03:00.840
assist women with a package of services .

01:03:00.850 --> 01:03:03.150
This is including technology skills

01:03:03.150 --> 01:03:05.060
training , day care , which was

01:03:05.060 --> 01:03:07.260
mentioned by our colleague language

01:03:07.260 --> 01:03:11.170
training , um uh mentoring access to

01:03:11.170 --> 01:03:13.600
job fairs , networking opportunities

01:03:13.600 --> 01:03:16.730
and others . The organization provides

01:03:16.730 --> 01:03:18.860
direct programming to women but has

01:03:18.870 --> 01:03:21.710
also identified main barriers to women

01:03:21.710 --> 01:03:24.080
who want to work in technology . One of

01:03:24.120 --> 01:03:27.370
the industries uh tends to be dominated

01:03:27.380 --> 01:03:29.760
by men , as mentioned by administrator

01:03:29.760 --> 01:03:32.530
power earlier and now they're engaging

01:03:32.530 --> 01:03:34.752
directly with government authorities to

01:03:34.752 --> 01:03:36.919
advocate for changes that will promote

01:03:36.919 --> 01:03:38.697
gender equality . This holistic

01:03:38.697 --> 01:03:40.530
approach will ultimately lead to

01:03:40.530 --> 01:03:43.670
greater economic security uh site has

01:03:43.670 --> 01:03:45.670
been working at the intersection of

01:03:45.670 --> 01:03:47.392
democracy and women's economic

01:03:47.392 --> 01:03:49.614
empowerment for over 40 years promoting

01:03:49.614 --> 01:03:51.670
the economic security of millions of

01:03:51.670 --> 01:03:53.670
women . So I believe that the equal

01:03:53.670 --> 01:03:55.850
participation of women in the economy

01:03:55.860 --> 01:03:57.971
strengthens free markets and supports

01:03:57.971 --> 01:04:00.880
democratic institutions by organizing

01:04:00.890 --> 01:04:04.010
and amplifying the voice of women in

01:04:04.010 --> 01:04:06.660
over 80 countries . Site partners

01:04:06.670 --> 01:04:08.670
support comprehensive approaches to

01:04:08.670 --> 01:04:11.190
women's economic security Together , we

01:04:11.190 --> 01:04:13.301
work at the individual level to build

01:04:13.301 --> 01:04:15.780
entrepreneurship skills and leadership

01:04:15.780 --> 01:04:18.330
skills . We work at the community level

01:04:18.340 --> 01:04:21.140
to build and connect women

01:04:21.140 --> 01:04:22.973
entrepreneurs and women business

01:04:22.973 --> 01:04:24.696
leaders through networking and

01:04:24.696 --> 01:04:26.640
collaboration . And we work at the

01:04:26.640 --> 01:04:28.807
institutional level to encourage women

01:04:28.807 --> 01:04:31.110
to participate in collective action to

01:04:31.110 --> 01:04:33.221
improve the overall business enabling

01:04:33.221 --> 01:04:35.054
environment including for issues

01:04:35.054 --> 01:04:37.800
specific to women . As noted in today's

01:04:37.800 --> 01:04:39.800
event , there's a range of barriers

01:04:39.800 --> 01:04:41.800
that impede the agency of women and

01:04:41.800 --> 01:04:43.467
girls , especially those from

01:04:43.467 --> 01:04:45.689
marginalized communities . And as we've

01:04:45.689 --> 01:04:48.230
heard from our US government colleagues

01:04:48.240 --> 01:04:50.129
and with the examples provided by

01:04:50.129 --> 01:04:52.184
Hannah and Emily from the World Bank

01:04:52.184 --> 01:04:54.351
and Pepsico . Many of these challenges

01:04:54.351 --> 01:04:56.770
are common to women in business around

01:04:56.770 --> 01:04:58.992
the world and they affect how they lead

01:04:58.992 --> 01:05:01.630
both democratic and economic processes .

01:05:01.890 --> 01:05:04.040
At site we've heard from our partners

01:05:04.050 --> 01:05:06.217
how women need quality care for family

01:05:06.217 --> 01:05:09.030
members . They need access to financing

01:05:09.040 --> 01:05:11.940
resources and markets . They need

01:05:11.940 --> 01:05:14.190
training and leadership opportunities

01:05:14.900 --> 01:05:17.067
and they need support for safe digital

01:05:17.067 --> 01:05:19.178
transformations all of this to better

01:05:19.178 --> 01:05:21.530
participate in the economy . And we've

01:05:21.530 --> 01:05:23.530
seen how when women in business are

01:05:23.530 --> 01:05:25.419
provided these support services ,

01:05:25.419 --> 01:05:27.586
they're better able to address some of

01:05:27.586 --> 01:05:30.340
our pressing challenges of our times

01:05:30.350 --> 01:05:32.720
such as political conflict , irregular

01:05:32.720 --> 01:05:35.300
migration , accountable investment

01:05:35.310 --> 01:05:37.510
issues , corruption and gender based

01:05:37.510 --> 01:05:41.220
violence . We've seen positive results

01:05:41.220 --> 01:05:43.220
when women in business are provided

01:05:43.220 --> 01:05:45.331
with opportunities to grow both their

01:05:45.331 --> 01:05:47.553
businesses and their networks . So what

01:05:47.553 --> 01:05:49.690
does success look like while success

01:05:49.690 --> 01:05:51.634
looks like the South ASIA regional

01:05:51.634 --> 01:05:53.857
network of women business organizations

01:05:53.857 --> 01:05:56.500
representing 10 countries across Asia

01:05:56.510 --> 01:05:58.550
as an example , advocacy efforts in

01:05:58.550 --> 01:06:01.000
Nepal led the government to earmark $20

01:06:01.000 --> 01:06:03.450
million for women entrepreneurs .

01:06:03.460 --> 01:06:05.830
Success looks like the Association of

01:06:05.830 --> 01:06:08.930
Nigerian Women Business Network , Which

01:06:08.930 --> 01:06:12.070
is going from 18 associations in 2013

01:06:12.070 --> 01:06:14.560
to over 60 today , representing nearly

01:06:14.560 --> 01:06:16.960
four million women in business . After

01:06:16.960 --> 01:06:19.127
identifying the challenges to women in

01:06:19.127 --> 01:06:21.016
business , they're now engaged in

01:06:21.016 --> 01:06:23.127
advocacy efforts across the nation to

01:06:23.127 --> 01:06:25.810
foster policy change , um , connect

01:06:25.810 --> 01:06:27.643
women so that there's more women

01:06:27.643 --> 01:06:30.360
participating in in politics and

01:06:30.370 --> 01:06:32.210
they're working in government

01:06:32.210 --> 01:06:34.750
engagement . Success looks like the

01:06:34.750 --> 01:06:36.690
more than 100 women business

01:06:36.700 --> 01:06:38.540
associations and civil society

01:06:38.540 --> 01:06:40.651
organizations that have come together

01:06:40.651 --> 01:06:44.130
in central ASia to address common

01:06:44.130 --> 01:06:46.074
priorities for women in business ,

01:06:46.074 --> 01:06:47.908
including combating gender based

01:06:47.908 --> 01:06:50.010
violence and Success looks like the

01:06:50.010 --> 01:06:52.860
Business alliance . Um , excuse me ,

01:06:52.860 --> 01:06:54.971
the alliance of business associations

01:06:54.971 --> 01:06:56.804
in Moldova that's advocating for

01:06:56.804 --> 01:06:59.270
changes to provide daycare and promote

01:06:59.270 --> 01:07:01.492
gender equality in the private sector .

01:07:01.900 --> 01:07:04.530
These are just a few examples today of

01:07:04.540 --> 01:07:06.651
um , how networking opportunities for

01:07:06.651 --> 01:07:09.460
women can have a lasting impact on how

01:07:09.460 --> 01:07:11.571
they lead their organizations , their

01:07:11.571 --> 01:07:13.940
businesses and their communities and

01:07:13.940 --> 01:07:15.718
sites partners around the world

01:07:15.718 --> 01:07:17.884
demonstrate what has been noted by the

01:07:17.884 --> 01:07:20.107
women's economic security strategy that

01:07:20.107 --> 01:07:22.770
women are . And I quote innovators ,

01:07:22.780 --> 01:07:25.330
agents of change and leaders in their

01:07:25.330 --> 01:07:27.108
communities and communities and

01:07:27.108 --> 01:07:29.250
families when we advance Women's

01:07:29.250 --> 01:07:31.240
Economic Security and ensure equal

01:07:31.240 --> 01:07:33.540
opportunity , we advance economic

01:07:33.550 --> 01:07:35.650
development and prosperity for all .

01:07:35.660 --> 01:07:38.290
Thank you . Thank you so much .

01:07:44.090 --> 01:07:46.034
Thank you so much Connie . It's so

01:07:46.034 --> 01:07:48.201
inspiring to hear the examples of what

01:07:48.201 --> 01:07:50.201
women are accomplishing through the

01:07:50.201 --> 01:07:52.368
collective action that you are talking

01:07:52.368 --> 01:07:54.479
about and the importance of investing

01:07:54.479 --> 01:07:56.646
and supporting in that platform . Just

01:07:56.646 --> 01:07:58.701
wanna think again . Um Our panelists

01:07:58.701 --> 01:08:01.230
are partners in the G . F . Fund um as

01:08:01.230 --> 01:08:03.008
you heard , the G . F . Fund is

01:08:03.008 --> 01:08:05.880
starting with $300 million including

01:08:05.890 --> 01:08:09.440
$100 million each year in fy 21 in fy

01:08:09.440 --> 01:08:12.250
20 to direct resources and another $100

01:08:12.250 --> 01:08:15.230
million that are operating units . Our

01:08:15.230 --> 01:08:17.800
missions and bureaus are are

01:08:17.800 --> 01:08:19.800
attributing to the fund through the

01:08:19.800 --> 01:08:21.967
work they're doing on women's Economic

01:08:21.967 --> 01:08:24.133
Security . So we are really excited to

01:08:24.133 --> 01:08:27.290
see what more we can do um to achieve

01:08:27.290 --> 01:08:29.560
the kinds of impacts that you've heard

01:08:29.560 --> 01:08:32.220
from today's panelists . Thank you and

01:08:32.220 --> 01:08:34.331
I will now turn the floor back to cat

01:08:34.331 --> 01:08:36.609
photo that to introduce the next panel .

01:08:47.890 --> 01:08:50.223
You hear me ? Okay ? There we go . High .

01:08:50.223 --> 01:08:52.334
Uh first of all , can we give a round

01:08:52.334 --> 01:08:54.557
of applause to the interpreters because

01:08:54.557 --> 01:08:56.820
I have just been watching them do such

01:08:56.820 --> 01:09:00.570
a beautiful job and I think I learned

01:09:00.580 --> 01:09:03.540
women women's empowerment .

01:09:03.550 --> 01:09:07.550
Okay anyways , that's it many , many

01:09:07.550 --> 01:09:09.217
thanks to our U . S . A . D .

01:09:09.217 --> 01:09:11.494
Colleagues . Thank you so much Djamila .

01:09:11.494 --> 01:09:13.661
We are so excited for the partners who

01:09:13.661 --> 01:09:15.883
have already been working under the G .

01:09:15.883 --> 01:09:17.661
F . Fund and from our embassies

01:09:17.661 --> 01:09:19.383
missions implementing partners

01:09:19.383 --> 01:09:21.550
including the Center for International

01:09:21.550 --> 01:09:23.772
Private Enterprise site Pepsico and the

01:09:23.772 --> 01:09:25.939
World Bank and the many other partners

01:09:25.939 --> 01:09:28.050
that are expanding this programming .

01:09:28.050 --> 01:09:30.050
As you've heard today , the U . S .

01:09:30.050 --> 01:09:32.050
Strategy on Global Women's Economic

01:09:32.050 --> 01:09:34.272
Security represents not just diplomatic

01:09:34.272 --> 01:09:36.328
engagement , development and foreign

01:09:36.328 --> 01:09:38.161
assistance it brings to bear the

01:09:38.161 --> 01:09:39.994
strategic and targeted tools and

01:09:39.994 --> 01:09:42.106
partnerships across the interagency .

01:09:42.106 --> 01:09:44.161
So it's it's not often that I always

01:09:44.161 --> 01:09:46.328
get to uh introduce so many rock stars

01:09:46.328 --> 01:09:48.661
that are in my life and that inspire me .

01:09:48.661 --> 01:09:50.800
But I am so pleased to now turn to

01:09:50.810 --> 01:09:53.090
Rachel Vogelstein who will help guide a

01:09:53.090 --> 01:09:55.146
conversation between representatives

01:09:55.146 --> 01:09:57.090
from our federal partners . Rachel

01:09:57.090 --> 01:09:59.201
serves in the biden administration as

01:09:59.201 --> 01:10:01.090
senior advisor to the White House

01:10:01.090 --> 01:10:03.201
Gender Policy Council where she leads

01:10:03.201 --> 01:10:05.534
the council's global portfolio helps us .

01:10:05.534 --> 01:10:07.757
I can't even tell you how much work she

01:10:07.757 --> 01:10:09.590
does on behalf of women globally

01:10:09.590 --> 01:10:11.312
addressing economic security ,

01:10:11.312 --> 01:10:13.534
democracy and political participation ,

01:10:13.534 --> 01:10:15.423
health , education , humanitarian

01:10:15.423 --> 01:10:17.810
relief among other many issues . So

01:10:17.810 --> 01:10:19.866
Rachel please . The floor is yours .

01:10:28.250 --> 01:10:30.760
Thank you cat for your partnership of

01:10:30.760 --> 01:10:33.050
that kind introduction . Good afternoon

01:10:33.050 --> 01:10:35.272
everyone . It's great to be with all of

01:10:35.272 --> 01:10:37.272
you as kat said . My name is Rachel

01:10:37.272 --> 01:10:39.494
Vogelstein . I'm a special assistant to

01:10:39.494 --> 01:10:41.383
the President for the White House

01:10:41.383 --> 01:10:43.383
Gender Policy Council and a special

01:10:43.383 --> 01:10:45.272
adviser on Gender at the National

01:10:45.272 --> 01:10:47.217
Security Council . So today you've

01:10:47.217 --> 01:10:50.050
heard about the goals of our first ever

01:10:50.060 --> 01:10:52.004
U . S . Strategy on global women's

01:10:52.004 --> 01:10:54.250
economic security and the biden Harris

01:10:54.250 --> 01:10:57.420
administer commitment to improving

01:10:57.420 --> 01:10:59.531
women's economic participation around

01:10:59.531 --> 01:11:02.380
the world . You've also heard about the

01:11:02.380 --> 01:11:04.658
Gender Equity and Equality Action Fund ,

01:11:04.658 --> 01:11:06.760
which is a prominent example of that

01:11:06.760 --> 01:11:09.490
commitment . And in our final panel

01:11:09.500 --> 01:11:13.010
we're going to delve into the strategy

01:11:13.020 --> 01:11:16.080
in more detail and hear more about the

01:11:16.080 --> 01:11:18.247
work we're doing across our government

01:11:18.247 --> 01:11:20.860
to advance it . The strategy embodies

01:11:20.860 --> 01:11:22.860
our whole of government approach to

01:11:22.860 --> 01:11:25.070
promoting gender equity and equality .

01:11:25.070 --> 01:11:27.050
And here today with us are

01:11:27.050 --> 01:11:29.710
representatives from the 12 U . S .

01:11:29.710 --> 01:11:31.932
Government departments and agencies who

01:11:31.932 --> 01:11:33.988
have worked together to develop this

01:11:33.988 --> 01:11:36.043
strategy under the leadership of the

01:11:36.043 --> 01:11:38.043
State Department , drawing on their

01:11:38.043 --> 01:11:40.550
respective experiences , expertise and

01:11:40.550 --> 01:11:42.494
lessons learned from their work on

01:11:42.494 --> 01:11:45.120
women's economic empowerment . And the

01:11:45.120 --> 01:11:47.530
strategy is also as you've heard

01:11:47.530 --> 01:11:49.980
informed by consultations of so many

01:11:49.990 --> 01:11:52.310
outside partners , many of whom are

01:11:52.310 --> 01:11:53.977
with us today . So we want to

01:11:53.977 --> 01:11:56.199
acknowledge and thank them as well . As

01:11:56.199 --> 01:11:58.088
Secretary Blinken mentioned , the

01:11:58.088 --> 01:12:01.140
strategy itself identified four key

01:12:01.140 --> 01:12:03.410
lines of effort to guide our work on

01:12:03.410 --> 01:12:06.090
this topic . First promoting economic

01:12:06.090 --> 01:12:08.620
competitiveness and reducing wage gaps

01:12:08.620 --> 01:12:10.880
through well paying quality jobs .

01:12:10.890 --> 01:12:13.900
Second advice Care infrastructure and

01:12:13.900 --> 01:12:17.000
valuing domestic work . 3rd promoting

01:12:17.000 --> 01:12:19.000
entrepreneurship and financial and

01:12:19.000 --> 01:12:21.000
digital inclusion including through

01:12:21.000 --> 01:12:23.380
trade and investment and forth

01:12:23.390 --> 01:12:25.420
dismantling systemic barriers to

01:12:25.420 --> 01:12:28.000
women's equitable participation in the

01:12:28.000 --> 01:12:30.590
economy across our consultations . We

01:12:30.590 --> 01:12:33.760
also identified four key mechanisms to

01:12:33.760 --> 01:12:35.538
guide the implementation of our

01:12:35.538 --> 01:12:37.390
strategy , including diplomatic

01:12:37.400 --> 01:12:39.233
outreach by by promoting women's

01:12:39.233 --> 01:12:41.456
economic security through our bilateral

01:12:41.456 --> 01:12:43.910
and multilateral engagements and with

01:12:43.910 --> 01:12:46.160
multilateral entities among others ,

01:12:46.170 --> 01:12:48.760
partnerships including with local

01:12:48.760 --> 01:12:50.704
organizations , the private sector

01:12:50.704 --> 01:12:53.400
philanthropic organizations and other

01:12:53.400 --> 01:12:55.900
partners . Continued engagement and

01:12:55.900 --> 01:12:58.840
consultation with external stakeholders

01:12:58.850 --> 01:13:01.310
and reliance on data informed

01:13:01.320 --> 01:13:03.520
monitoring , evaluation and learning

01:13:03.530 --> 01:13:07.060
techniques . I am very pleased that we

01:13:07.060 --> 01:13:10.060
have with us today for representatives

01:13:10.070 --> 01:13:12.237
from across the U . S . Government who

01:13:12.237 --> 01:13:14.126
will talk about their ongoing and

01:13:14.126 --> 01:13:16.030
future work to implement all four

01:13:16.030 --> 01:13:18.680
pillars of this first ever strategy .

01:13:18.690 --> 01:13:21.970
We are joined today by really the

01:13:21.970 --> 01:13:24.192
deputy undersecretary for international

01:13:24.192 --> 01:13:26.248
affairs at the U . S . Department of

01:13:26.248 --> 01:13:29.150
Labor Agnes Dash wits , the chief

01:13:29.160 --> 01:13:31.090
operating officer of the U . S .

01:13:31.090 --> 01:13:32.979
International Development Finance

01:13:32.979 --> 01:13:35.330
Corporation , Jamila Thompson , senior

01:13:35.330 --> 01:13:37.080
advisor to the U . S . Trade

01:13:37.080 --> 01:13:40.090
Representative and Katarina and step

01:13:40.100 --> 01:13:41.767
the vice president for sector

01:13:41.767 --> 01:13:43.933
operations at the Millennium Challenge

01:13:43.933 --> 01:13:45.933
Corporation . So I'd like to invite

01:13:45.933 --> 01:13:47.989
each of them to join me on stage and

01:13:47.989 --> 01:13:49.600
we'll begin our discussion .

01:14:15.770 --> 01:14:19.100
So I want to begin by talking about our

01:14:19.100 --> 01:14:21.620
first line of effort , the first pillar

01:14:21.620 --> 01:14:25.090
of our strategy and to do that . Uh I'd

01:14:25.090 --> 01:14:27.580
like to start with you . Uh the

01:14:27.580 --> 01:14:30.030
Department of Labor is already working

01:14:30.030 --> 01:14:32.810
to further this line of effort in its

01:14:32.810 --> 01:14:36.000
work to support workers rights and

01:14:36.010 --> 01:14:38.177
workers rights to organize and bargain

01:14:38.177 --> 01:14:40.177
collectively . So can you tell us a

01:14:40.177 --> 01:14:41.899
little bit more about what the

01:14:41.899 --> 01:14:43.954
Department of Labor is doing on that

01:14:43.954 --> 01:14:45.677
issue globally and why it's so

01:14:45.677 --> 01:14:48.420
important to women's economic security .

01:14:48.480 --> 01:14:51.010
Thank you so much . Yeah ,

01:14:52.100 --> 01:14:54.100
thank you so much Rachel and what a

01:14:54.100 --> 01:14:57.410
pleasure it is to be here . Thank you ,

01:14:57.410 --> 01:15:00.280
Rachel . Uh we are delighted the Labor

01:15:00.280 --> 01:15:02.502
Department is so thrilled to be part of

01:15:02.502 --> 01:15:04.836
this women's economic Security strategy .

01:15:04.836 --> 01:15:06.724
We are all in and delighted to be

01:15:06.724 --> 01:15:08.558
working with all of our partners

01:15:08.558 --> 01:15:10.780
throughout the U . S . Government um to

01:15:10.780 --> 01:15:12.780
make sure that we are creating that

01:15:12.780 --> 01:15:14.502
world where women in all their

01:15:14.502 --> 01:15:16.558
diversity can access decent work and

01:15:16.558 --> 01:15:18.336
strengthen their own agency and

01:15:18.336 --> 01:15:20.391
economic well being . And you know ,

01:15:20.391 --> 01:15:22.169
for us , the first pillar , the

01:15:22.169 --> 01:15:24.336
promoting economic competitiveness and

01:15:24.336 --> 01:15:26.613
reducing wage gaps through well paying .

01:15:26.613 --> 01:15:28.669
Quality jobs is the most important .

01:15:28.669 --> 01:15:30.724
But we want to be working across all

01:15:30.724 --> 01:15:32.891
the pillars that you talked about with

01:15:32.891 --> 01:15:31.820
all the stuff strategies that you

01:15:31.820 --> 01:15:34.390
talked about and we know for sure that

01:15:34.390 --> 01:15:37.210
good jobs are essential to women's

01:15:37.300 --> 01:15:39.467
economic well being . But we also know

01:15:39.467 --> 01:15:41.744
that unions and freedom of association ,

01:15:41.744 --> 01:15:43.856
the right to bargain collectively are

01:15:43.856 --> 01:15:46.189
essential to good jobs and to democracy .

01:15:46.189 --> 01:15:48.189
And so some of the work that we are

01:15:48.189 --> 01:15:50.356
doing is around empowering women , but

01:15:50.356 --> 01:15:52.411
making sure that they have access to

01:15:52.411 --> 01:15:54.522
those right to freedom of association

01:15:54.522 --> 01:15:56.689
and collective bargaining . Because we

01:15:56.689 --> 01:15:58.911
know that the statistics show that when

01:15:58.911 --> 01:16:01.133
women join a union , they have stronger

01:16:01.133 --> 01:16:02.967
protections against gender based

01:16:02.967 --> 01:16:04.967
violence and harassment . They have

01:16:04.967 --> 01:16:07.022
more equal pay and they're much more

01:16:07.022 --> 01:16:09.078
likely to have paid leave , employer

01:16:09.078 --> 01:16:11.244
provided health care and in many cases

01:16:11.244 --> 01:16:10.850
even childcare , which I know the

01:16:10.860 --> 01:16:13.720
earlier panel has been discussing . We

01:16:13.720 --> 01:16:15.942
also know that women's participation in

01:16:15.942 --> 01:16:17.776
unions increases their access to

01:16:17.776 --> 01:16:19.887
promotions and leadership positions .

01:16:19.887 --> 01:16:21.650
So and and we see that this is

01:16:21.650 --> 01:16:23.428
particularly true for women and

01:16:23.428 --> 01:16:25.150
particularly true for women in

01:16:25.150 --> 01:16:27.094
marginalized groups . As secretary

01:16:27.094 --> 01:16:28.983
Blinken was talking about earlier

01:16:28.983 --> 01:16:31.039
because it is a unit that can create

01:16:31.039 --> 01:16:33.206
the institutional structures that give

01:16:33.206 --> 01:16:35.372
women voice and give women power . But

01:16:35.372 --> 01:16:37.650
we also know that women face enormous

01:16:37.660 --> 01:16:40.520
barriers , as do most workers to trying

01:16:40.520 --> 01:16:42.687
to exercise those rights of freedom of

01:16:42.687 --> 01:16:44.909
association and collective bargaining .

01:16:44.909 --> 01:16:47.131
And that's why we're very excited about

01:16:47.131 --> 01:16:49.420
our new project , the Multilateral

01:16:49.430 --> 01:16:51.820
Partnership on organizing , worker

01:16:51.820 --> 01:16:54.270
empowerment and rights , the M power

01:16:54.280 --> 01:16:56.500
Initiative that is bringing together

01:16:56.500 --> 01:16:58.410
within the US government Labor

01:16:58.410 --> 01:17:00.743
Department , the State Department and U .

01:17:00.743 --> 01:17:03.740
S . A . I . D . Uh but also with other

01:17:03.740 --> 01:17:05.962
governments . We've just been joined by

01:17:05.962 --> 01:17:08.184
the governments of Germany Canada Spain

01:17:08.184 --> 01:17:11.230
South Africa , Argentina and that I say

01:17:11.230 --> 01:17:14.430
Canada um as well as unions , civil

01:17:14.430 --> 01:17:17.960
society organizations and philanthropy

01:17:17.970 --> 01:17:21.080
around the world . So this is all about

01:17:21.080 --> 01:17:23.920
lifting up uh freedom of association

01:17:23.920 --> 01:17:27.720
and collective bargaining . And we are

01:17:28.050 --> 01:17:31.060
looking to amplify and scale up the

01:17:31.060 --> 01:17:33.282
strategies that we know are working the

01:17:33.282 --> 01:17:35.282
effective strategies to protect and

01:17:35.282 --> 01:17:37.449
advance women's rights in the world of

01:17:37.449 --> 01:17:39.560
work . And we have one example that I

01:17:39.560 --> 01:17:41.449
wanted to talk about in risotto .

01:17:41.449 --> 01:17:43.504
There's a campaign to address gender

01:17:43.504 --> 01:17:45.616
based violence and harassment , which

01:17:45.616 --> 01:17:47.504
is led by unions , women's rights

01:17:47.504 --> 01:17:49.616
organizations , the solidarity center

01:17:49.616 --> 01:17:51.838
and the work of rights consortium . And

01:17:51.838 --> 01:17:53.838
that initiative has resulted in two

01:17:53.838 --> 01:17:56.060
negotiated and enforceable agreements .

01:17:56.060 --> 01:17:58.171
And I think this is a good example of

01:17:58.171 --> 01:17:57.440
the kind of work that we want to do .

01:17:57.440 --> 01:17:59.890
More of that . We want to cooperate on

01:17:59.900 --> 01:18:03.650
these agreements , cover um Cover

01:18:03.650 --> 01:18:05.872
10,000 garment workers and they require

01:18:05.872 --> 01:18:08.930
the factory owners to mandate education

01:18:08.940 --> 01:18:10.662
and awareness training for all

01:18:10.662 --> 01:18:13.160
employees and all managers . It

01:18:13.160 --> 01:18:15.271
mandates an independent reporting and

01:18:15.271 --> 01:18:17.049
monitoring system and there are

01:18:17.049 --> 01:18:19.271
remedies for abusive behavior . This is

01:18:19.271 --> 01:18:21.160
unique this program in that it is

01:18:21.160 --> 01:18:23.720
binding and worker led and it will

01:18:23.720 --> 01:18:26.480
empower the risotto unions , human

01:18:26.480 --> 01:18:28.369
rights , women's rights groups to

01:18:28.369 --> 01:18:30.202
effectively address gender-based

01:18:30.202 --> 01:18:32.380
violence and harassment . So we are

01:18:32.380 --> 01:18:35.620
looking at 2023 to scale up this kind

01:18:35.620 --> 01:18:37.842
of worker centered , right based rights

01:18:37.842 --> 01:18:41.510
based work and looking in particular at

01:18:41.510 --> 01:18:44.930
how freedom of association can mitigate

01:18:44.940 --> 01:18:46.996
and prevent discrimination , promote

01:18:46.996 --> 01:18:49.329
equity and advanced good jobs for women .

01:18:49.329 --> 01:18:51.730
So we are thrilled to be here with such

01:18:51.740 --> 01:18:53.740
a wonderful partners throughout the

01:18:53.740 --> 01:18:55.907
inter agency in the U . S . Government

01:18:55.907 --> 01:18:58.860
and pleased to have so many strong uh

01:18:58.870 --> 01:19:00.870
implementer and partners around the

01:19:00.870 --> 01:19:03.092
world . So thank you looking forward to

01:19:03.092 --> 01:19:05.148
my colleagues . Thanks it's great to

01:19:05.148 --> 01:19:07.259
hear more about how the Department of

01:19:07.259 --> 01:19:09.290
Labor through its work to support

01:19:09.300 --> 01:19:11.700
workers rights is advancing that first

01:19:11.700 --> 01:19:13.589
pillar of our strategy focused on

01:19:13.589 --> 01:19:16.670
access to to good paying jobs for women .

01:19:16.680 --> 01:19:18.624
So I want to move on to the second

01:19:18.624 --> 01:19:21.240
pillar of our strategy , advancing care

01:19:21.250 --> 01:19:23.410
infrastructure and valuing domestic

01:19:23.420 --> 01:19:25.364
work , which is an issue as you've

01:19:25.364 --> 01:19:27.880
heard that we've prioritized through

01:19:27.880 --> 01:19:29.991
the President's Global Infrastructure

01:19:29.991 --> 01:19:32.213
Initiative and through the G . A . Fund

01:19:32.220 --> 01:19:34.331
that was just mentioned . Agnes , I'd

01:19:34.331 --> 01:19:36.498
like to turn to you to talk more about

01:19:36.498 --> 01:19:38.331
this and the efforts that you're

01:19:38.331 --> 01:19:40.276
leading at the Development Finance

01:19:40.276 --> 01:19:43.330
Corporation . How does DFC address care

01:19:43.340 --> 01:19:45.673
infrastructure through its partnerships ?

01:19:45.673 --> 01:19:48.510
And how does that work ? Advanced DFCS

01:19:48.510 --> 01:19:50.843
commitment to women's Economic Security .

01:19:50.843 --> 01:19:52.980
Thank you very much Rachel and thank

01:19:52.980 --> 01:19:55.180
you so much for including us in this

01:19:55.180 --> 01:19:57.291
conversation . And congratulations on

01:19:57.291 --> 01:19:59.180
an amazing strategy . Very , very

01:19:59.180 --> 01:20:02.300
important . Um so for those of you who

01:20:02.300 --> 01:20:04.430
may not be familiar with the US

01:20:04.430 --> 01:20:06.690
Development Finance Corporation , we

01:20:06.690 --> 01:20:09.280
are America's Finance developed

01:20:09.280 --> 01:20:11.580
Development Finance organization . We

01:20:11.580 --> 01:20:15.580
were developed in december of 2019 . Uh

01:20:15.580 --> 01:20:18.820
and we were given expanded mission

01:20:18.830 --> 01:20:21.520
development Impact and expanded tools .

01:20:21.530 --> 01:20:24.080
The tools were expanded to build upon

01:20:24.080 --> 01:20:25.910
the tools that we had as the

01:20:25.910 --> 01:20:28.132
predecessor organization , the Overseas

01:20:28.132 --> 01:20:30.188
Private Investment Corporation . The

01:20:30.188 --> 01:20:32.920
tools include um equity investments ,

01:20:32.930 --> 01:20:35.700
investments into funds , loans ,

01:20:35.700 --> 01:20:38.710
guarantees , technical assistance , and

01:20:38.710 --> 01:20:41.130
political risk insurance . With those

01:20:41.130 --> 01:20:44.500
tools , we aim to provide capital and

01:20:44.500 --> 01:20:46.490
catalyze capital from the private

01:20:46.490 --> 01:20:48.890
sector to solve some of the biggest

01:20:48.890 --> 01:20:51.680
issues our world faces today and to

01:20:51.680 --> 01:20:53.458
provide benefits to underserved

01:20:53.458 --> 01:20:56.510
populations which include women , rural

01:20:56.510 --> 01:20:59.240
communities and indigenous populations .

01:20:59.970 --> 01:21:02.610
We're very much active in investing

01:21:02.610 --> 01:21:04.832
into care infrastructure , which as you

01:21:04.832 --> 01:21:07.780
know , is a very wide sector and it

01:21:07.780 --> 01:21:10.060
includes many sub sectors . One of

01:21:10.060 --> 01:21:12.004
those sub sectors is health care .

01:21:12.190 --> 01:21:14.850
We've been very active in investments

01:21:14.850 --> 01:21:18.470
in health care uh in support of PG II

01:21:18.470 --> 01:21:22.090
but also in support of creation

01:21:22.100 --> 01:21:25.140
of resilience , healthcare supply chain

01:21:25.140 --> 01:21:26.862
resilience as well as pandemic

01:21:26.862 --> 01:21:30.110
resilience . Um Just last year we

01:21:30.110 --> 01:21:32.277
invested over $2 billion in healthcare

01:21:32.277 --> 01:21:35.430
related um investments globally and we

01:21:35.440 --> 01:21:37.680
obviously hope to do more . I want to

01:21:37.680 --> 01:21:40.910
give you a couple of examples of what

01:21:40.910 --> 01:21:43.100
kind of companies we've invested into

01:21:43.100 --> 01:21:44.989
and catalyzed more private sector

01:21:44.989 --> 01:21:46.880
investment into which are really

01:21:46.880 --> 01:21:49.490
addressing the needs of women , which

01:21:49.490 --> 01:21:52.030
definitely fall under the care

01:21:52.030 --> 01:21:55.000
infrastructure umbrella . One is a

01:21:55.000 --> 01:21:58.040
company called fem , Which is a

01:21:58.050 --> 01:22:00.590
diagnostics chain of diagnostics

01:22:00.590 --> 01:22:03.970
clinics um for women in Brazil , we've

01:22:03.970 --> 01:22:05.320
invested $31 million

01:22:05.320 --> 01:22:12.970
Kenya

01:22:12.980 --> 01:22:16.880
in East Africa , which uses e commerce

01:22:16.880 --> 01:22:19.900
to supply health and hygiene products

01:22:19.900 --> 01:22:22.070
to women . This is an incredibly

01:22:22.070 --> 01:22:24.180
important investment for us as we're

01:22:24.180 --> 01:22:27.720
trying to really remove the stigma of

01:22:27.720 --> 01:22:30.360
women's hygiene in those countries and

01:22:30.360 --> 01:22:32.360
this company is very active in that

01:22:32.360 --> 01:22:35.580
regard and finally we're incredibly ,

01:22:35.580 --> 01:22:37.747
as you mentioned , we do everything to

01:22:37.747 --> 01:22:39.969
a partnership so we're incredibly proud

01:22:39.969 --> 01:22:41.802
of the partnerships that we have

01:22:41.802 --> 01:22:44.180
including a partnership with USA I . D .

01:22:44.190 --> 01:22:47.900
And Merck for mothers which

01:22:47.910 --> 01:22:51.180
aims to support early stage companies

01:22:51.190 --> 01:22:54.130
which focused on maternal care and

01:22:54.130 --> 01:22:57.610
we're actually looking to invest more

01:22:57.620 --> 01:22:59.860
in such companies . We want to provide

01:22:59.860 --> 01:23:01.582
them with grants and technical

01:23:01.582 --> 01:23:03.693
assistance and as well as early stage

01:23:03.693 --> 01:23:05.580
investments . So we're very very

01:23:05.580 --> 01:23:08.470
excited about this strategy and how we

01:23:08.470 --> 01:23:10.730
can support further investments in

01:23:10.730 --> 01:23:13.520
women and care infrastructure globally .

01:23:13.530 --> 01:23:15.200
Well , investment in care

01:23:15.200 --> 01:23:17.670
infrastructure is more important than

01:23:17.670 --> 01:23:20.090
ever in the wake of the pandemic that

01:23:20.090 --> 01:23:22.146
we've been living through . So we're

01:23:22.146 --> 01:23:24.480
grateful to hear more about how DFc is

01:23:24.490 --> 01:23:26.920
tackling that important issue . So

01:23:26.920 --> 01:23:29.031
let's turn to the third pillar of our

01:23:29.031 --> 01:23:31.260
strategy promoting entrepreneurship ,

01:23:31.270 --> 01:23:33.210
financial and digital inclusion

01:23:33.210 --> 01:23:35.550
including through trade and investment .

01:23:35.580 --> 01:23:38.660
Djamila . Tell us more about how you're

01:23:38.670 --> 01:23:41.790
implementing a focus on gender equality

01:23:41.790 --> 01:23:43.901
and women's empowerment at the office

01:23:43.901 --> 01:23:46.012
of the U . S . Trade Representative .

01:23:46.012 --> 01:23:47.750
President biden as we know has

01:23:47.750 --> 01:23:51.350
committed to reshaping trade policy to

01:23:51.350 --> 01:23:53.830
be worker centered . So how does that

01:23:53.830 --> 01:23:56.120
translate into women's economic

01:23:56.130 --> 01:23:58.870
empowerment as a factor into a worker

01:23:58.870 --> 01:24:01.710
center trade policy . So good afternoon

01:24:01.710 --> 01:24:03.766
First , thank you . I'd like to echo

01:24:03.766 --> 01:24:06.210
everybody and congratulating all of the

01:24:06.210 --> 01:24:08.460
team , all of the staff , all of the

01:24:08.460 --> 01:24:10.627
people across government who worked so

01:24:10.627 --> 01:24:13.360
hard and so long on the announcement

01:24:13.360 --> 01:24:16.260
today . Second , I would like to begin

01:24:16.260 --> 01:24:18.510
just by noting that the president when

01:24:18.510 --> 01:24:22.330
he named USTR for the first time to

01:24:22.330 --> 01:24:24.441
serve I think in our agency's history

01:24:24.441 --> 01:24:26.960
on the gender policy council . There

01:24:26.960 --> 01:24:28.627
was a celebration if you will

01:24:28.627 --> 01:24:30.940
throughout the agency under the

01:24:30.940 --> 01:24:33.107
leadership of Ambassador Katherine Tai

01:24:33.107 --> 01:24:35.384
who's the U . S . Trade representative .

01:24:35.384 --> 01:24:37.830
We've taken this work to heart . It has

01:24:37.830 --> 01:24:41.550
been a thrill for us to really show up

01:24:41.560 --> 01:24:44.220
and show out at tables around the world .

01:24:44.230 --> 01:24:46.930
Um and in global international forum ,

01:24:47.090 --> 01:24:49.146
I think there were a few things that

01:24:49.146 --> 01:24:52.210
I'd like to highlight first is um and

01:24:52.220 --> 01:24:54.331
these are public . The first thing we

01:24:54.331 --> 01:24:57.300
did is to go throughout the agency and

01:24:57.300 --> 01:24:59.467
an inclusive and thoughtful process to

01:24:59.467 --> 01:25:01.400
revise our strategic plan for our

01:25:01.400 --> 01:25:03.233
agency and you can see it on the

01:25:03.233 --> 01:25:06.040
website now every single staff person ,

01:25:06.040 --> 01:25:08.040
it connects also to our performance

01:25:08.040 --> 01:25:10.290
assistance process on an annual basis .

01:25:10.300 --> 01:25:12.710
It means that every single staff person

01:25:12.710 --> 01:25:15.110
in the agency regardless of where

01:25:15.110 --> 01:25:17.277
they're working or how they're working

01:25:17.277 --> 01:25:19.332
in trade policy has a responsibility

01:25:19.332 --> 01:25:22.120
and a duty to include racial and gender

01:25:22.120 --> 01:25:25.180
equity in their work . This is

01:25:25.180 --> 01:25:27.530
unprecedented for us . The second part

01:25:27.540 --> 01:25:29.490
is as you noted , Rachel and the

01:25:29.490 --> 01:25:32.690
president's annual trade report . Um

01:25:32.700 --> 01:25:35.340
and um and trade agenda every we

01:25:35.340 --> 01:25:37.396
release these documents every single

01:25:37.396 --> 01:25:39.507
March . And if you look at the annual

01:25:39.507 --> 01:25:43.330
report from 2022 . Um , and from

01:25:43.330 --> 01:25:47.130
sorry from 2021 it includes uh an

01:25:47.140 --> 01:25:49.810
update if you will of our activities to

01:25:49.810 --> 01:25:52.032
advance racial and gender equity around

01:25:52.032 --> 01:25:54.088
the world . The new report will come

01:25:54.088 --> 01:25:56.530
out in March statutory every year . Um

01:25:56.540 --> 01:25:58.484
It was wonderful to see members of

01:25:58.484 --> 01:26:00.707
Congress here earlier today . They wait

01:26:00.707 --> 01:26:02.818
for that report , excited to see it .

01:26:02.818 --> 01:26:04.873
We're excited about the work to take

01:26:04.873 --> 01:26:07.040
the strategic plan and to actualize it

01:26:07.040 --> 01:26:09.040
and to release that report , you'll

01:26:09.040 --> 01:26:11.040
look forward to it . In March . The

01:26:11.040 --> 01:26:13.160
third thing which I think is so

01:26:13.160 --> 01:26:15.049
important is that trade policy is

01:26:15.049 --> 01:26:17.110
informed by data . We can guess , we

01:26:17.110 --> 01:26:19.332
can think about what's been done in the

01:26:19.332 --> 01:26:21.388
past but we really need to have cold

01:26:21.388 --> 01:26:23.499
hard facts and in 2021 ambassador tie

01:26:23.499 --> 01:26:25.166
request requested the U . S .

01:26:25.166 --> 01:26:27.370
International Trade Commission conduct

01:26:27.380 --> 01:26:29.750
an unprecedented investigation into the

01:26:29.750 --> 01:26:31.750
distributional effects of trade and

01:26:31.750 --> 01:26:34.340
trade policy on workers , services and

01:26:34.340 --> 01:26:36.396
goods . Let me underscore that trade

01:26:36.396 --> 01:26:38.680
and trade policy on US workers . As a

01:26:38.680 --> 01:26:40.958
result in november , the U . S . I . T .

01:26:40.958 --> 01:26:42.458
C . Released the resulting

01:26:42.458 --> 01:26:44.513
investigation and this investigation

01:26:44.513 --> 01:26:46.680
was really outside of what's been done

01:26:46.680 --> 01:26:48.480
in the past . They had national

01:26:48.480 --> 01:26:51.310
roundtable discussions on on race and

01:26:51.310 --> 01:26:53.820
ethnicity , on income , on ability , on

01:26:53.830 --> 01:26:57.270
orientation , on region , on skill , on

01:26:57.270 --> 01:27:00.440
education , they underserved and

01:27:00.440 --> 01:27:02.900
marginalized communities . They had an

01:27:02.910 --> 01:27:04.760
academic symposium , conducted a

01:27:04.760 --> 01:27:07.300
literature review held to come open

01:27:07.310 --> 01:27:09.680
public comment period and result and re

01:27:09.690 --> 01:27:12.730
released this catalog if you will in

01:27:12.730 --> 01:27:16.370
november and I the nerd in me walks out

01:27:16.370 --> 01:27:19.400
if you will because of the looking at

01:27:19.400 --> 01:27:21.690
what people heard what we heard from

01:27:21.690 --> 01:27:24.430
women workers , from laborers , from

01:27:24.440 --> 01:27:27.410
organized from entrepreneurs , from

01:27:27.420 --> 01:27:29.970
farmers , from those who were in the

01:27:29.970 --> 01:27:32.610
service and service industry and what

01:27:32.610 --> 01:27:34.499
we heard from them and how it was

01:27:34.499 --> 01:27:36.443
substantiated substantiated in the

01:27:36.443 --> 01:27:38.332
literature review and an academic

01:27:38.332 --> 01:27:40.443
symposium . So if you do want to walk

01:27:40.443 --> 01:27:42.666
out , if you want something to read , I

01:27:42.666 --> 01:27:44.832
really encourage you to take a look at

01:27:44.832 --> 01:27:46.499
this report . It is just very

01:27:46.499 --> 01:27:48.721
interesting and it's going to guide and

01:27:48.721 --> 01:27:50.832
inform our process going forward . It

01:27:50.832 --> 01:27:52.888
also identified a number of the data

01:27:52.888 --> 01:27:54.832
gaps and where we as as a whole of

01:27:54.832 --> 01:27:56.999
government have to work to realize the

01:27:56.999 --> 01:27:58.777
goals and the directives of the

01:27:58.777 --> 01:28:00.943
president to close those data gaps and

01:28:00.943 --> 01:28:02.610
to ensure that we have better

01:28:02.610 --> 01:28:04.666
granularity , disaggregate asian and

01:28:04.666 --> 01:28:06.277
quality and availability and

01:28:06.277 --> 01:28:08.660
accessibility of data . The other part

01:28:08.660 --> 01:28:10.716
of that request relates to how we're

01:28:10.716 --> 01:28:12.660
engaging with our trading partners

01:28:12.660 --> 01:28:14.604
around the world and it means that

01:28:14.604 --> 01:28:17.730
going forward when we're engaging um

01:28:17.740 --> 01:28:19.462
whether it's with the US kenya

01:28:19.462 --> 01:28:21.184
Strategic Trade and Investment

01:28:21.184 --> 01:28:23.407
Partnership , which is one of our first

01:28:23.407 --> 01:28:25.573
new trade initiatives and partnerships

01:28:25.573 --> 01:28:27.520
um that specifically includes a

01:28:27.520 --> 01:28:30.040
collaboration and coordination for

01:28:30.050 --> 01:28:32.560
thinking about how trade policy can

01:28:32.560 --> 01:28:34.700
benefit women , people with

01:28:34.700 --> 01:28:36.422
disabilities , underserved and

01:28:36.422 --> 01:28:38.220
marginalized communities . Our

01:28:38.220 --> 01:28:40.553
engagement with the indo pacific region .

01:28:40.553 --> 01:28:43.220
Our engagement with Taiwan gender is at

01:28:43.230 --> 01:28:46.030
the front the forefront of every single

01:28:46.040 --> 01:28:48.151
engagement that you have that we have

01:28:48.151 --> 01:28:50.140
at U . S . T . R . This is really

01:28:50.140 --> 01:28:52.473
different for us and it's very exciting .

01:28:52.473 --> 01:28:54.730
Um but the second part of that

01:28:54.730 --> 01:28:56.920
investigation means that we're also in

01:28:56.930 --> 01:28:58.890
the advice that we get back on the

01:28:58.890 --> 01:29:01.590
probable actions before we do something

01:29:01.600 --> 01:29:04.410
we're considering what the potential

01:29:04.410 --> 01:29:06.354
impact could be the distributional

01:29:06.354 --> 01:29:09.410
effects could be by gender , by race ,

01:29:09.420 --> 01:29:12.070
and to bring back the intersectionality

01:29:12.070 --> 01:29:14.590
and the interconnected aspect of every

01:29:14.600 --> 01:29:17.780
way that we show up , what we hear from

01:29:17.780 --> 01:29:19.780
our trading partner is is that when

01:29:19.780 --> 01:29:22.600
women thrive , we all thrive . And it

01:29:22.600 --> 01:29:24.322
takes me back to when I was an

01:29:24.322 --> 01:29:26.400
undergraduate student , where it was

01:29:26.400 --> 01:29:28.622
drilled into my head that women are the

01:29:28.622 --> 01:29:31.860
um the trans the

01:29:31.860 --> 01:29:35.750
bearers , the transmitters repositories

01:29:35.750 --> 01:29:38.630
of culture . When women are safe and

01:29:38.630 --> 01:29:40.852
secure and self sufficient , we are all

01:29:40.852 --> 01:29:43.074
safe , secure and self sufficient . And

01:29:43.074 --> 01:29:45.370
as indicated and shown by the African

01:29:45.370 --> 01:29:47.259
Leaders Summit that the president

01:29:47.259 --> 01:29:49.481
hosted just last last , last month . It

01:29:49.481 --> 01:29:51.648
feels like a while ago . It was just a

01:29:51.648 --> 01:29:53.814
few weeks ago for those of us who were

01:29:53.814 --> 01:29:56.530
in it , all of our partners showed up

01:29:56.530 --> 01:29:58.197
and they were having the same

01:29:58.197 --> 01:30:00.308
conversation about women in youth and

01:30:00.308 --> 01:30:02.474
what their economic prospects would be

01:30:02.474 --> 01:30:04.641
Ambassador . Ty had an event at Howard

01:30:04.641 --> 01:30:06.586
University on Women in the African

01:30:06.586 --> 01:30:08.560
diaspora and she read through the

01:30:08.570 --> 01:30:12.530
African Union's agenda 2063 agenda .

01:30:12.860 --> 01:30:14.638
It could have been our national

01:30:14.638 --> 01:30:16.804
strategy because the affirmations were

01:30:16.804 --> 01:30:18.860
so closely aligned . So we're having

01:30:18.860 --> 01:30:20.749
these conversations in the United

01:30:20.749 --> 01:30:22.749
States USTR is proud and excited to

01:30:22.749 --> 01:30:24.360
show up to the table . We're

01:30:24.360 --> 01:30:26.249
appreciative of our our teams who

01:30:26.249 --> 01:30:28.304
volunteered to advance gender equity

01:30:28.304 --> 01:30:30.360
and to really think about how we can

01:30:30.360 --> 01:30:32.582
innovate in this space . And if there's

01:30:32.582 --> 01:30:34.693
one thing I would leave Rachel . It's

01:30:34.693 --> 01:30:36.916
that our doors are open for everybody ,

01:30:36.916 --> 01:30:38.749
we need ideas . It's exciting to

01:30:38.749 --> 01:30:40.749
innovate , but it's hard , it takes

01:30:40.749 --> 01:30:42.693
thought . It takes work , it takes

01:30:42.693 --> 01:30:44.749
research , it takes information , it

01:30:44.749 --> 01:30:46.638
takes new ideas , fresh ideas and

01:30:46.638 --> 01:30:48.971
diverse perspectives . And so U . S . T .

01:30:48.971 --> 01:30:51.027
R . I know that there's a pandemic ,

01:30:51.027 --> 01:30:53.138
but our doors are open and we welcome

01:30:53.138 --> 01:30:55.193
the ideas and the creativity and the

01:30:55.193 --> 01:30:57.416
experience of so many of you who are in

01:30:57.416 --> 01:30:59.138
the room and who are tuning in

01:30:59.138 --> 01:31:01.249
virtually . Thank you . Thank you for

01:31:01.249 --> 01:31:03.416
talking more to us about this focus on

01:31:03.416 --> 01:31:05.471
gender and racial equity through the

01:31:05.471 --> 01:31:07.638
work that UStr is leading on trade and

01:31:07.638 --> 01:31:09.693
invest and with partners from around

01:31:09.693 --> 01:31:11.916
the world . So I'm gonna turn us to our

01:31:11.916 --> 01:31:14.027
fourth pillar of our strategy , which

01:31:14.027 --> 01:31:16.070
is focused on dismantling systemic

01:31:16.080 --> 01:31:18.100
barriers to women's equitable

01:31:18.100 --> 01:31:20.490
participation and the economy . And

01:31:20.490 --> 01:31:23.320
Katarina ask you knowing that you're

01:31:23.320 --> 01:31:25.431
addressing these barriers to the work

01:31:25.431 --> 01:31:27.431
that you're doing at the Millennium

01:31:27.431 --> 01:31:29.653
Challenge Corporation . So tell us more

01:31:29.653 --> 01:31:32.340
about how MCC tackles obstacles to

01:31:32.340 --> 01:31:34.451
women's economic security through its

01:31:34.451 --> 01:31:37.750
country compacts . Thanks Rachel . And

01:31:37.750 --> 01:31:39.917
we too are thrilled to be here for the

01:31:39.917 --> 01:31:42.390
launch today . Uh and uh this is a

01:31:42.390 --> 01:31:45.180
culmination of so so much work by the

01:31:45.180 --> 01:31:47.490
interagency . And so we're thrilled to

01:31:47.490 --> 01:31:50.610
be here um MCC certainly shares the

01:31:50.610 --> 01:31:53.100
strategy's goal of dismantling economic

01:31:53.110 --> 01:31:56.280
barriers um to ensure women's full and

01:31:56.280 --> 01:31:58.502
meaningful participation in the economy

01:31:58.502 --> 01:32:01.660
and create a level playing field where

01:32:01.670 --> 01:32:04.950
girls and women can succeed . Our

01:32:04.950 --> 01:32:07.006
approach is that we integrate gender

01:32:07.006 --> 01:32:09.228
and inclusion considerations throughout

01:32:09.228 --> 01:32:11.061
the program lifecycle from early

01:32:11.061 --> 01:32:14.660
country analysis uh to program design .

01:32:14.670 --> 01:32:17.120
Um and in our program design we consult

01:32:17.120 --> 01:32:19.390
with a wide range of stakeholders

01:32:19.390 --> 01:32:22.130
working with our partner countries and

01:32:22.140 --> 01:32:25.640
um our investments range from , say

01:32:25.640 --> 01:32:28.790
$30 million for our threshold programs

01:32:28.800 --> 01:32:32.770
up to like $800 million

01:32:32.770 --> 01:32:35.450
for some of our compact programs . Um

01:32:35.460 --> 01:32:37.680
and whatever the sector that we

01:32:37.680 --> 01:32:40.640
identify whether it's agriculture or

01:32:40.640 --> 01:32:43.930
roads or water and sanitation , we

01:32:43.930 --> 01:32:46.240
always look at what the gender

01:32:46.240 --> 01:32:49.930
inequalities in those sectors are , um

01:32:49.930 --> 01:32:52.840
and how we can help to correct those .

01:32:52.850 --> 01:32:56.240
And we also um it's it's a condition of

01:32:56.240 --> 01:32:58.550
the program that there's a social and

01:32:58.550 --> 01:33:00.772
gender integration plan , which is kind

01:33:00.772 --> 01:33:03.890
of a road map for the program of how

01:33:03.900 --> 01:33:05.590
what are what are the gender

01:33:05.590 --> 01:33:07.423
inequalities that we're going to

01:33:07.423 --> 01:33:09.534
address ? And then what are the steps

01:33:09.534 --> 01:33:11.201
we're going to take in in the

01:33:11.201 --> 01:33:13.368
milestones that we're going to meet in

01:33:13.368 --> 01:33:15.534
order to address those . Um , and I'll

01:33:15.534 --> 01:33:19.450
just give one country example . So , uh

01:33:19.890 --> 01:33:22.057
I guess it's a it's a it's the country

01:33:22.057 --> 01:33:24.500
of the day today on this panel . But

01:33:24.510 --> 01:33:28.010
with our first compact , we used

01:33:28.020 --> 01:33:31.140
the we the leverage of the compact if

01:33:31.140 --> 01:33:34.350
you will uh to encourage the government

01:33:34.360 --> 01:33:37.620
to pass the legal capacity of married

01:33:37.620 --> 01:33:41.570
persons act of 2006 , which removed

01:33:41.580 --> 01:33:44.950
the minority status of women Giving

01:33:44.950 --> 01:33:48.520
them new economic rights . Um this is

01:33:48.520 --> 01:33:52.110
2006 , mind you um and and

01:33:52.110 --> 01:33:54.590
now we're engaged in a second compact

01:33:54.600 --> 01:33:57.490
in lawsuit too , where we're going to

01:33:57.490 --> 01:34:01.080
be investing heavily in um

01:34:01.090 --> 01:34:03.740
irrigated agriculture for horticulture .

01:34:03.750 --> 01:34:06.810
And so the agriculture sector is an uh

01:34:06.820 --> 01:34:09.590
an area of great opportunity for both

01:34:09.600 --> 01:34:12.550
uh women's land ownership and and

01:34:12.550 --> 01:34:14.290
business ownership , but also

01:34:14.300 --> 01:34:18.020
agricultural jobs . And so again we

01:34:18.020 --> 01:34:20.480
worked with our counterparts to support

01:34:20.480 --> 01:34:23.250
passage of new bills that harmonized

01:34:23.260 --> 01:34:26.890
customary laws uh so that um

01:34:26.900 --> 01:34:29.320
economic rights could now be assured

01:34:29.320 --> 01:34:31.790
for all women , including rural women .

01:34:31.800 --> 01:34:34.170
And so the new bills ensure women's

01:34:34.170 --> 01:34:37.270
right to inherit . They protect women

01:34:37.270 --> 01:34:39.610
against domestic violence and they

01:34:39.610 --> 01:34:42.070
extend labor protection to informal

01:34:42.070 --> 01:34:43.770
workers um including in the

01:34:43.770 --> 01:34:46.890
agricultural sector . Um and so that's

01:34:46.890 --> 01:34:50.510
an example of of how um not only are we

01:34:50.510 --> 01:34:53.870
proactively investing to address um

01:34:53.880 --> 01:34:56.320
barriers that prevent women and and

01:34:56.320 --> 01:34:58.653
girls from from thriving and succeeding ,

01:34:58.653 --> 01:35:01.280
but we're also using sort of the the

01:35:01.280 --> 01:35:05.120
leverage of our investment to then uh

01:35:05.680 --> 01:35:08.770
encourage um policy and institutional

01:35:08.770 --> 01:35:11.730
reform that further support women and

01:35:11.730 --> 01:35:14.750
girls rights . Well , it's great to

01:35:14.750 --> 01:35:16.910
hear about the catalytic effect that

01:35:16.910 --> 01:35:19.360
your work is having leveling the legal

01:35:19.360 --> 01:35:21.670
playing field for women and and so many

01:35:21.670 --> 01:35:24.340
other countries . So thank you for for

01:35:24.340 --> 01:35:26.396
sharing that with us . And I want to

01:35:26.396 --> 01:35:28.690
thank all of our panelists for their

01:35:28.690 --> 01:35:31.060
work and for sharing insight into how

01:35:31.060 --> 01:35:33.710
the U . S . Government will continue to

01:35:33.710 --> 01:35:36.950
implement this new strategy on global

01:35:36.960 --> 01:35:38.980
women's economic security . We're

01:35:38.980 --> 01:35:41.780
grateful to all of you and now I will

01:35:41.780 --> 01:35:43.480
turn the floor back to acting

01:35:43.480 --> 01:35:45.650
ambassador photo that to conclude our

01:35:45.650 --> 01:35:47.190
event cat over to you .

01:35:57.920 --> 01:35:59.976
Alright , thank you so much Rachel .

01:36:01.900 --> 01:36:05.470
See partners , You all hear me so much

01:36:05.470 --> 01:36:07.581
history has happened in this room and

01:36:07.581 --> 01:36:09.803
so sometimes when I'm in here I kind of

01:36:09.803 --> 01:36:12.026
take a look around and realize today we

01:36:12.026 --> 01:36:14.192
have also made history . We're looking

01:36:14.192 --> 01:36:16.303
at our founding father , Ben franklin

01:36:16.303 --> 01:36:18.303
over there and I think our founding

01:36:18.303 --> 01:36:20.414
mothers on this very strategy and our

01:36:20.414 --> 01:36:20.210
male champions that have helped this

01:36:20.210 --> 01:36:22.550
strategy come alive today . So thank

01:36:22.550 --> 01:36:24.830
you all in the audience . I also want

01:36:24.830 --> 01:36:27.163
to take a special moment to thank R . S .

01:36:27.163 --> 01:36:29.220
G . V . Colleagues um the Office of

01:36:29.220 --> 01:36:31.442
Global Women's issues and all those who

01:36:31.442 --> 01:36:33.331
work on women's issues around the

01:36:33.331 --> 01:36:35.442
department really put their heart and

01:36:35.442 --> 01:36:37.900
soul into so much work every single day

01:36:37.910 --> 01:36:40.740
um and it really has made just such an

01:36:40.750 --> 01:36:42.694
impact globally . So could I think

01:36:42.694 --> 01:36:44.861
could I ask my Sgb colleagues to stand

01:36:44.861 --> 01:36:46.861
and get a round of applause today .

01:36:51.710 --> 01:36:53.360
Thank you all so much

01:36:55.290 --> 01:36:58.610
marissa . That means you too . Alright ,

01:36:58.610 --> 01:37:00.832
they make me look good . What can I say

01:37:00.832 --> 01:37:02.888
so many thanks again to everyone for

01:37:02.888 --> 01:37:05.054
your participation . The conversations

01:37:05.054 --> 01:37:07.054
and ideas presented here today have

01:37:07.054 --> 01:37:09.120
been very energizing . I know that I

01:37:09.120 --> 01:37:11.009
speak for all of our speakers and

01:37:11.009 --> 01:37:13.410
partners across the 12 federal agencies .

01:37:13.410 --> 01:37:15.521
This really was a whole of government

01:37:15.521 --> 01:37:17.860
approach who developed the us strategy

01:37:17.860 --> 01:37:19.971
on global women's economic security .

01:37:19.971 --> 01:37:22.660
When I say today's event is an open

01:37:22.660 --> 01:37:25.560
door invitation to reach out to all of

01:37:25.560 --> 01:37:28.130
us , hold us accountable and make sure

01:37:28.130 --> 01:37:30.352
that we are working together to advance

01:37:30.352 --> 01:37:32.610
women's economic security in the coming

01:37:32.610 --> 01:37:35.720
weeks . And throughout 2023 agencies

01:37:35.720 --> 01:37:38.090
will host various events focused on

01:37:38.100 --> 01:37:40.330
deeper dives into the strategy's

01:37:40.330 --> 01:37:42.850
objectives . The last month , the US

01:37:42.850 --> 01:37:45.540
kicked off our host year of Apec and we

01:37:45.540 --> 01:37:47.310
announced our women's Economic

01:37:47.310 --> 01:37:50.170
empowerment as a priority across all of

01:37:50.170 --> 01:37:53.030
our Apec meetings and activities that

01:37:53.030 --> 01:37:55.252
we look forward to , talking more about

01:37:55.252 --> 01:37:57.252
women's economic empowerment , best

01:37:57.252 --> 01:37:59.140
practices , lessons learned from

01:37:59.140 --> 01:38:02.460
experts in the fields and entrepreneurs

01:38:02.460 --> 01:38:04.900
and implementer . And in March of this

01:38:04.900 --> 01:38:07.011
year we will connect with many of you

01:38:07.011 --> 01:38:09.122
again at the Commission on the Status

01:38:09.122 --> 01:38:11.344
of Women . Please continue to make sure

01:38:11.344 --> 01:38:13.567
to follow our agencies and keep abreast

01:38:13.567 --> 01:38:15.789
of our development , Give us feedback .

01:38:15.789 --> 01:38:18.030
I know that many of you will and we

01:38:18.030 --> 01:38:20.141
look forward to implementing this new

01:38:20.141 --> 01:38:22.086
strategy in partnership with you ,

01:38:22.086 --> 01:38:24.141
making more history together . And I

01:38:24.141 --> 01:38:26.308
wish you all a wonderful start of your

01:38:26.308 --> 01:38:28.363
new year and the rest of this week .

01:38:28.363 --> 01:38:28.890
Thank you so much for joining us

