Tuesday, March 19, 2024

Financing social protection and care systems turbocharges economies, reduces poverty

Social protection is a fundamental right and expanding social protection programmes and services – such as childcare, parental leave benefits, pensions – can reduce women’s poverty, improve their access to paid work and help them cope better with crises and shocks. Yet only 26.5 per cent of women globally have comprehensive social security coverage and more than 4 billion people remain unprotected. The side event on financing social protection and care systems, organized by UN Women on the margins of the 68th session of the Commission on the Status of Women (CSW 68), stressed that investing in social protection measures can address today’s multifaceted challenges and advance gender equality. Read More