Sustainability Magazine September 2022 | Page 63

The World Economic Forum ’ s ( WEF ) Global Gender Gap Report finds that , in 2022 , the global gender gap has been closed by 68.1 %, which sounds great on the face of it . In reality , however , this statistic actually means it will take another 132 years to reach gender parity . This is three decades longer than given in 2020 , before COVID-19 impacted gender equality .

Having closed more than 90 % of its gender gap ( the only country to have done so ), Iceland has been named the most gender equal country for the 12th year in a row . Finland follows in second place , then
Norway ( 3rd ), New Zealand ( 4th ), Sweden ( 5th ), Rwanda ( 6th ), Nicaragua ( 7th ), Namibia ( 8th ), Ireland ( 9th ) and Germany ( 10th ).
While 68.1 % of the global gender gap has closed , the report shows the remaining gap is unequal , with regions progressing at different speeds . This is no coincidence , says Saadia Zahidi , Managing Director , World Economic Forum , and co-author of the report . “ The overall correlation between the economies that perform well in terms of competitiveness and productivity is that those economies happen to be the very same ones that do well in terms of closing
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