GLOBAL
ALLIANCE FOR GLOBAL GOOD - GENDER EQUITY AND EQUALITY - INTERNATIONAL
News:
India Sets Up Global
Alliance To Push Women Empowerment, Gender Equality
What's
in the news?
●
India successfully established a
"Global Alliance for Global Good - Gender Equity and Equality" to
promote women's empowerment and gender equality.
Key
takeaways:
●
The project is a follow up of the
activities of the Engagement Group and initiatives drafted under the G20 framework, inter alia, the Business 20,
Women 20 and G20 EMPOWER, among others.
●
This alliance also aims at taking forward
the commitments of G20 leaders for the benefit of the larger global community.
○
Given India’s abiding commitment to ‘Vasudhaiva Kutumbakam’ – One Earth, One
Family, One Future– and its continued efforts towards ‘Sabka Saath, Sabka Prayaas’, the ‘Alliance for Global Good- Gender
Equity and Equality’ is on the verge of being a force to reckon with on all
gender-related issues of G20 nations.
Global
Alliance for Global Good - Gender Equity and Equality:
●
It is a new alliance for global good,
gender equity, and equality established by India on the sidelines of the 54th annual World Economic Forum (WEF)
meeting in Davos.
Objective:
●
The alliance will bring together worldwide
best practices, knowledge sharing and investment opportunities in women's education, health and enterprise.
Partners
and Supporters:
●
The
WEF has come on board as a ‘Network Partner’ and Invest India as an
‘Institutional Partner’.
●
Supported by the Bill and Melinda Gates
Foundation, the alliance will be housed and anchored by the CII Centre for
Women Leadership.
●
It has garnered support from industry
leaders such as MasterCard, Uber, Tata, TVS, Bayer, Godrej, the Serum Institute
of India, IMD Laussane, and over 10,000 partners from industry through the
Confederation of Indian Industry (CII).
Significance:
●
This initiative marks a significant stride
toward achieving multiple Sustainable Development Goals (SDGs), including SDG 3
(Good Health and Well-Being), 4 (Quality Education), 5 (Gender Equality and
Empowerment), 17 (Global Partnership for Development) and more, underscoring
India’s commitment to gender equality and equity as a critical component of
global development.
Go
back to basics:
World
Economic Forum (WEF):
●
It is an international organization headquartered in Geneva, Switzerland,
that brings together individuals and political and business leaders each year
to discuss significant issues that impact the global economy.
Annual
Davos Summit:
●
The WEF is best known for its annual WEF
Meeting at Davos, the Swiss ski resort.
●
The event regularly draws business and political leaders from around the world for a series
of discussions about global issues.
Features:
●
The WEF has no independent decision-making
power but seeks to influence people to make decisions that benefit the global
community.
●
WEF meetings introduce new issues, trends,
and organizations to members and the public for discussion and are commonly
believed to influence corporate and public sector decision-making.
Funding:
●
The organization is funded through its
membership, which includes many prominent business and political figures.
Reports
released by WEF:
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Global Risks Report
●
Global Gender Gap Index
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Fostering Effective Energy Transition
Report
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Travel and Tourism Development Index
●
Global Cyber Security Outlook
●
Global Competitiveness Report