A new McKinsey Global Institute report finds that $12 trillion could be added to global GDP by 2025 by advancing women’s equality. The public, private, and social sectors will need to act to close gender gaps in work and society.

DSC_1340(From Left to Right: Sonomi Tanaka–Technical Advisor on Gender Equity at ADB, Jonathan Woetzel–Director of McKinsey Global Institute, Joseph Ernest Zveglich–Director of Macroeconomics Research Division at ADB)

According to the report, Gender Inequality is not only a pressing moral and social issue but also a critical economic challenge. If women—who account for half the world’s working-age population—do not achieve their full economic potential, the global economy will suffer.

DSC_1348SPARK team with the speaker, Dr. Jonathan Woetzel (From Left to Right: Mikaela Luisa Carmen Teves–SPARK Operations Manager, Anwedda Navarra–SPARK Project Officer, Lyrra Kaye Castillo–SPARK Admin Officer  Jonathan Woetzel–Director of McKinsey Global Institute.)

The SPARK team learned immensely from the talk of Dr. Jonathan Woetzel and believes in the Power of Parity. SPARK supports the advancing of women’s equality for economic global growth.

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