Empowering Women in Georgia: The Urgent Need to Expand Leadership and Finance Opportunities in the Private Sector

At a recent conference organized by the UN Global Compact Georgia Network, experts discussed the pressing need to improve women's access to finance and leadership positions in the country's private sector. The event revealed that only 30% of registered enterprises in Georgia are owned by women, and that women hold decision-making positions in just 17% of companies.

These statistics demonstrate a clear need for action to promote gender equality in Georgia's economy. As Salome Zurabishvili, Executive Director of the UN Global Compact Georgia Network, noted, "the involvement of women in decision-making positions in Georgia is a big challenge in almost all areas of the private sector."

Despite the significant barriers that women face, there are efforts underway to promote their economic empowerment. Businesses are working to create more opportunities for women, but there is still much work to be done to ensure that women are fully represented in the country's economy.

Improving access to finance and leadership opportunities for women is not only a matter of fairness, but also of economic growth and development. When women are able to participate fully in the economy, they bring new ideas, skills, and perspectives to the table, driving innovation and progress.

Moving forward, it is important for businesses, policymakers, and civil society organizations to work together to create an environment that supports women's economic empowerment. By breaking down barriers and promoting greater gender equality, we can build a stronger, more vibrant economy that benefits everyone in Georgia.