G7 Leaders Summit 2018-2019-2020 Highlights on Women’s Economic Empowerment

The G7 has articulated its position on women's economic empowerment in the G7 Common Principles on Women’s Entrepreneurship (2015 Elmau); G7 Guiding Principles for Building the Capacity of Women and Girls (Ise-Shima 2016); the G7 Roadmap for a Gender-Responsive Economic Environment (Taormina 2017); the Charlevoix G7 Summit Communique (Charlevoix 2018) and Paris Declaration on Gender Equality (Biarritz 2019).

The G7 recognizes that women are key drivers of innovation, growth, and jobs, and that the private sector plays a vital role in creating an environment in which women can more meaningfully participate in the economy. The group has set concrete targets, such as reducing the gender gap in labour force participation rates by 25% by 2025, and to increase spending on Technical Education and Vocational Training (TVET) by a third by 2030.