New Delhi (NVI): The Covid-19 pandemic will push 47 million more women and girls below the poverty line, reversing decades of progress to eradicate extreme poverty, according to new data released by UN Women and the United Nations Development Programme (UNDP).
This will dramatically increase the poverty rate for women and widen the gap between men and women who live in poverty, says the report.
As per the data released last Wednesday, the poverty rate for women was expected to decrease by 2.7 percent between 2019 and 2021, but projections now point to an increase of 9.1 percent due to the pandemic and its fallout.
The projections, commissioned by UN Women and UNDP, and carried out by the Pardee Centre for International Futures at the University of Denver, show that while the pandemic will impact global poverty generally, women will be disproportionately affected, especially women of reproductive age.
The data further shows that by 2021, for every 100 men aged 25 to 34 living in extreme poverty (living on 1.90 USD a day or less), there will be 118 women, a gap that is expected to increase to 121 women per 100 men by 2030.
“The increases in women’s extreme poverty, in particular at these two stages of their lives, are a stark indictment of deep flaws in the ways we have constructed our societies and economies,” said UN Women Executive Director Phumzile Mlambo-Ngcuka.
“We know that women take most of the responsibility for caring for the family; they earn less, save less and hold much less secure jobs – in fact, overall, women’s employment is 19% more at risk than men’s. The evidence we have here of multiple inequalities is critical to drive swift, restorative policy action that puts women at the heart of pandemic recovery,” she added.
The data, summarized in a UN Women report From Insights to Action: Gender Equality in the wake of COVID-19, also shows that the pandemic will push 96 million people into extreme poverty by 2021, 47 million of whom are women and girls.
This will increase the total number of women and girls living in extreme poverty to 435 million, with projections showing that this number will not revert to pre-pandemic levels until 2030, according to the report.
The pandemic has posed a serious threat to the prospects of eradicating extreme poverty by the end of this decade. And the reality might be even grimmer as these projections of increased poverty rates for women and girls only account for the downward revision of the gross domestic product (GDP), excluding other factors – such as women leaving the workforce due to childcare responsibilities – that may also affect the sex distribution of poverty.
“More than 100 million women and girls could be lifted out of poverty if governments implement a comprehensive strategy aimed at improving access to education and family planning, fair and equal wages, and expanding social transfers,” said Achim Steiner, UNDP Administrator.
The fallout of the pandemic will shift forecasts of extreme poverty across regions. With 59 percent of the world’s poor women currently living in sub-Saharan Africa, the region will continue to host the highest number of the world’s extreme poor, as per the analysis.
Yet, after making significant gains in poverty reduction in the past few years, South Asia is projected to experience a resurgence in extreme poverty. By 2030, for every 100 men aged 25–34 living in poverty in Southern Asia there will be 129 poor women, an increase from 118 in 2021.
While these figures are alarming, the study estimates it would take just 0.14 per cent of global GDP (USD 2 trillion) to lift the world out of extreme poverty by 2030; and US$48 billion to close the gender poverty gap. However, the real number could end up being much higher, especially if governments fail to act – or act too late.
According to International Labour Organization (ILO), by June 2020, it is estimated that 72 percent of domestic workers globally had lost their jobs as a result of COVID-19.
Recommendations to prevent women from falling behind permanently because of the pandemic range from addressing occupational segregation, gender pay gaps and inadequate access to affordable childcare to introducing economic support packages for vulnerable women to countries increasing social protection measures targeting women and girls and expanding research and data availability on the gendered impacts of COVID-19, it said.