SDG 5 – Gender equality
KfW promotes gender equality worldwide
Inequality between men and women is still deeply embedded in societies, despite progress in this area. Whether it is a question of access to dignified work, gender-specific differences in employment, basic economic protections, differences in pay or access to political and economic decision-making structures – women are generally worse off. In their everyday lives, many women and girls experience having insufficient access to healthcare services and education. The same applies to financial services. As a result, women often lack opportunities to earn a living independently and they remain dependent on their family. If girls or young women marry early and fall pregnant, they lack the time for education and employment. Violence against women also remains widespread. Discriminatory laws exclude women from societal decisions, from participating in society and from land and inheritance rights. Women spend three times as much time as men looking after children or other people in need of care and doing (unpaid) housework, which leads to lower incomes and makes them time-poor.
All this, while gender equality between women and men is a human right. It is a prerequisite for sustainable development and contributes to significantly improving quality of life for all people. A fair and inclusive society, a sustainable and successful economy and a forward-looking approach to the environment can only be attained if women and girls are included. The advancement of gender equality and strengthening of women’s rights are therefore a priority for international and German development policy and a core aspect of the 2030 Agenda.
While SDG 5 focuses exclusively on gender equality and empowering women, another 45 sub-goals and 54 indicators include gender equality as a key factor for the overall sustainability agenda.
Through its projects, KfW is working to advance gender equality and empower women around the world, thereby helping to implement the 2030 Agenda.
In 2020, many projects of KfW Development Bank contributed to achieving SDG 5 – with a total financial volume of EUR 4.6 billion, equivalent to nearly half of all funding committed in 2020. KfW therefore supports its partners in strengthening gender equality and advancing the rights of women in partner countries through each of the respective projects and programmes.