With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The World Bank Group works in every major area of development. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Data and research how To Make Money In Stocks Русский us understand these challenges and set priorities, share knowledge of what works, and measure progress.
Sustainability of extractive industries could increase significantly by identifying bias and defining strategies to ensure equal benefits. Client countries and extractive companies are increasingly mainstreaming gender into mining policy and services. Women are increasingly included in community consultations. Program works with governments, communities and companies to better understand and address how mining, oil and gas differently impact women and men. With the Bank’s increasing focus on gender, and governments’ and companies’ growing understanding that community support is essential, this is an exciting time to be working with and for women in extractive communities.
STRATEGY Oil, gas, and mining can—potentially—transform life in resource-rich developing countries. They can help drive economic growth. For women in particular, extractive industries can provide opportunities for a better life, including increased employment opportunities, access to revenues, and expanded investment in the local community. Women-led businesses can flourish in the extractives supply chain. Too often, however, these opportunities don’t materialize and extractive industries deliver as much, or more damage than benefit.
Achieving the development gains that extractive industries promise in particular for women depends on understanding and managing such risks. Mining, oil drilling and gas extraction all have environmental, social and economic impacts that change women’s lives, often in ways that are dramatically different from their effects on men. Ensuring that men and women have equitable access to the benefits of resource development, and that neither are disproportionately placed at risk, requires commitment to understanding and acting on the gender dimensions of the sector. Women must have equitable access to jobs, education, and participation. They must be included in making the decisions that affect their lives.
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Gender-sensitive consultation is essential to ensure that analysis, training and policies in the extractive industries not only meet the needs of women, but enhance their well-being. The World Bank Group helps countries and companies develop their extractive industries so that they become engines of growth and poverty reduction. Employment of women brings community gains: Where women have access to employment, or are empowered regarding household finances, evidence shows that women are more likely to invest in education, health, and nutrition for their families. Where women have decreased access to employment, and to cash, families suffer. Women can make better employees: Opening job opportunities to women can increase productivity and reduce costs. Women are often more reliable, follow rules, obey health and safety regulations, and can be more reliable employees.
Women make-up half the productive labor-force. Discrimination against women in the labor market is an impediment to private sector development and economic growth. Gender responsiveness can improve management efficiency: A proactive gender equity approach can free up management time for core business activities rather than responding to investor concerns or conflict resolution within the community. Gender equity can reduce community disruption or protest: Employing women, and incorporating women into consultations can create a more predictable business environment with fewer production disruptions, thus avoiding cost increases and loss of income. Women’s economic empowerment can be good for community development: Women have a better track record of starting successful business and repaying micro-credit loans, and show a greater willingness to respect safety and environmental safeguards. Lack of voice and representation in the formal decision making process. Loss of ownership or use of fertile land or gardens.
Loss of water resources and depleted fish stocks. Rise in violence and sexual abuse as a result of domestic disputes, alcoholism, drug use, or gambling. Poor working conditions and incidences of sexual abuse for women in the project workforce. Loss of safety and security due to influx of construction workers.