The current COVID-19 crisis deeply impacts women, men, girls, boys and other genders differently. While men make up the majority of those who have died from the virus, women and girls bear the brunt of disproportionate care burdens, disruptions in income and education, poor access to health and other essential services, greater risk of being dispossessed of land and property, and gender digital and pay gaps. For women already living in poverty, these impacts can be a shock to their economic stability overall and impede their ability to purchase critical necessities, such as medicine and food.
The COVID-19 crisis will have significant implications for U.S. investments in global women’s economic empowerment, including the Women’s Global Development and Prosperity (W-GDP) initiative, the Development Finance Corporation’s 2X Women’s initiative, and U.S. investment in the Women Entrepreneurs Financing Initiative (We-Fi). The gender and social norm manifestations of COVID-19 present an urgent need for governments, businesses, community leaders, and decision makers to act.
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