Enhancing Women’s Entrepreneurship: Future- Proofing Law and Governance for Climate Resilience
This Policy Brief was first published in https://t20ind.org
Women have been shown to be disproportionately affected by the climate crisis as well as the recent COVID-19 pandemic, yet their role in enhancing climate resiliency, post- pandemicrecovery,andsocio-economic stability has often been overlooked. This policy brief focusses on the G20’s role in future-proofing law and governance for climate resilience through a human rights-based approach that enhances women’s entrepreneurship. It recommends targeted measures for women entrepreneurs to freely access finance, markets, and networks where their efforts towards climate resilience enhance smart and efficient green transition pathways. The International Monetary Fund expects one-third of the world economy to experience recession in 2023-exacerbating inequality divides. The World Bank notes that the global labour force participation rate for women is just over 50 percent compared to 80 percent for men. With 85 percent of global GDP, 75 percent of global trade, and two-thirds of the world population, the G20’s role in bolstering climate resilience through women’s entrepreneurship is crucial.