The B20 Indonesia Business Women’s Action Council (B20 WiBAC), one of the working groups of the B20 Indonesia Presidency, held a B20-G20 dialogue forum on the theme of Advancing Women in the global economy through the empowerment of women worldwide.
The dialogue aims to communicate the final B20 WiBAC policy and action recommendation document and launch the One Global Women Empowerment (OGWE) platform blueprint to promote inclusive, resilient and sustainable global economic growth through empowerment women.
This activity brought together live and online participants from all member countries of the G20 Presidency, including senior government officials, business leaders, CSOs, philanthropists, women’s platforms and relevant stakeholders.
Among them were Airlangga Hartarto (Coordinating Minister of Economic Affairs, Republic of Indonesia), I Gusti Bintang Ayu Puspayoga (Minister of Women Empowerment and Child Welfare, Republic of Indonesia), Smriti Zubin Irani ( Minister for Women and Child Development, Government of India), Baroness Deborah Stedman-Scott (Minister for Women, Government of the United Kingdom), Nadia Burger (Canadian Ambassador-designate to Indonesia and East Timor), Nicholle Manz- Baazoui (Director of Women’s Economic Empowerment) and others.
“Today, we present the results of the work of the B20 Women in Business Action Council, which is led by more than 150 members of senior business leaders from various countries and sectors. Following the presidential directive, in addition to the final document of policy recommendations and actions, we also announced the concrete outcomes of the B20 WiBAC through the launch of the One Global Women Empowerment Platform Blueprint, to encourage the empowerment of women in business,” said Ira Noviarti, president of the B20 Women in Business Council, who is also the chief executive officer of PT Unilever Indonesia Tbk.
Referring to data from the B20 WiBAC, equal participation of men and women in the global economy can increase global gross domestic product (GDP) growth by $28 trillion by 2025. However, many gaps in women’s equal participation in business must be achieved to realize this potential. In particular, the lack of access, opportunities and representation of women in strategic positions in the business world.
Shinta Kamdani, Chairman of B20 Indonesia, said, “As one of the key engagement groups of the G20, the B20 sees various opportunities in the global economy that the business community can help accelerate. One of them is the opportunity for global GDP growth obtained by closing the gap towards equal participation of men and women in the business world. Thus, the Women in Business Action Council plays an important role in the B20’s mission to promote collaborative, innovative and sustainable economic growth.
Through intensive discussions and various contributions from the 150 WiBAC B20 members, there are three main themes in the final WiBAC B20 Policy and Action Recommendation document. The themes will serve as a guide for the business community in all G20 countries and around the world to close the gap towards equal participation of men and women.
They include empowering women entrepreneurs, developing an ecosystem that can provide access to financial, legal and technical assistance for business owners, building women’s digital and leadership capacities, accelerating access to women with digital/STEM skills as well as increasing the necessary capacities. to occupy positions of leadership, strengthened by gender-based reporting and the promotion of safe and fair workplaces, by improving job security for women workers in the informal economy sector, including in communities rural areas, as well as developing systematic policies to prevent gender-based violence and assist victims of violence.
As a concrete step to support the realization of the policy and action recommendation, B20 WiBAC has launched the One Global Women Empowerment (OGWE) platform to bridge the potentials and challenges. The platform is designed to bring together parties that need and can help empower women workers and entrepreneurs everywhere. It is hoped that the existence of OGWE can encourage the acceleration of women’s participation, which will have an impact on global economic growth.
About OGWE, Ira said, “We believe that there are many women in business who want to advance, and many industry players and various institutions want to contribute to the advancement of women. It is necessary to have a forum to bring both parties together in a structured and conducive environment to achieve optimal results. One Global Women Empowerment or OGWE will play this crucial role.
“It is a proud moment for the Indonesian Presidency to be able to produce concrete measures such as the OGWE plan of the B20 WiBAC. These actions will promote the acceleration of women’s involvement in business globally” , added Shinta.
As an accelerator that equips women entrepreneurs and workers, B20 WiBAC has set itself five key goals as pillars of the OGWE.
These are digital capacity, knowledge sharing, financing and investment, technical assistance and supporting policy.
In its implementation, OGWE will be managed by a secretariat which is also technology based to provide services called 5Cs – Crowdsource, Crowdfund, Curate, Clarify and Communication – to all stakeholders involved.
“Through OGWE, B20 WiBAC seeks to encourage more women to lead, participate in, and gain access to better business and economic opportunities, increase their entrepreneurial skills, and improve their digital skills. We invite all business actors and all other stakeholders to work together to support national and global economic growth through the empowerment of women. The better this collaboration between stakeholders, the better the results of our efforts to bridge the different gaps towards equal participation of men and women in the global economy,” added Ira.