ISLAMABAD: A new report from the World Economic Forum shows that closing the women's health gap will enable more women to lead healthier and better quality lives, providing an unprecedented boost to the global economy. Ta.
The report, titled “Closing the Women's Health Gap: A $1 Trillion Opportunity to Improve Lives and the Economy,” released Wednesday found that women, on average, spend 25% more of their lives in poor health than men. He says he is living in a bad condition. Eliminating the health disparities faced by women around the world could lead to an increase of her 1.7% in GDP per capita, and for every $1 she invests in these initiatives she will receive $3. economic growth can be expected.
“Investing in women's health goes far beyond individual women. It's a direct investment in families, communities, societies, and economies,” said Anita, president of gender equality at the Bill & Melinda Gates Foundation. Zaidi said.
“The future of all of us depends on closing the health gap for women,” she said.
Addressing the shortcomings that limit the ability of many women to enter the workforce and earn a living for themselves and their families could reduce the time women spend in poor health by almost two-thirds. , has the potential to improve women's health outcomes and daily life by more than 3.9 points. The population will increase to her billion people, with an annual economic impact of $1 trillion by 2040.
Improving women's health creates ripple effects that extend to families, communities and nations.
The healthcare and life sciences communities have a huge opportunity to improve the lives of women around the world. Of the interventions with data disaggregated by gender, 64% were found to disadvantage women due to reduced effectiveness, lack of access, or both, the report said.
Following the findings of this report and to close the women's health gap, the World Economic Forum recognizes that investing in women's health not only improves the health of billions of people, but also improves women's health. Launched the Global Alliance for Women's Health, a multidisciplinary global platform centered on evidence that improves health. It brings revolutionary economic benefits not only to individual lives, but also to society and the economy as a whole.
WEF says 42 organizations have expressed interest in joining the alliance, including government leaders and representatives from the private sector, entertainment industry and philanthropy.
Together, they pledge new commitments to advance the Alliance's priorities across three pillars: financing, science and innovation, and agenda setting. Key partners have already announced $55 million in commitments to improve women's health outcomes and shape a new future for women's health around the world.
The Global Alliance for Women's Health is led by an influential multi-sector Board of Directors comprised of world leaders representing the diversity of stakeholders who need to engage to advance investment in women's health. will be done.
Globally, the top 10 economic impact conditions account for more than 50% of the total impact on GDP. This highlights unmet needs and areas of high potential and helps decision makers prioritize efforts to address health disparities.
Investing in improving women's health not only improves women's quality of life, but also enables them to participate more actively in the workforce and earn a living. The potential value created by women's high economic participation and productivity exceeds the cost of implementation by a ratio of 3 to 1 dollar.
The report concludes that women's health is not an isolated issue, but is fundamental to society's well-being and progress. Improving women's health and well-being has ripple effects for families, communities and nations.
Published at Dawn on January 19, 2024