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Increasing women's contribution to economic growth, prosperity figures high at UNIDO int'l forum

On the opening day of the St. Petersburg International Economic Forum (SPIEF) 2018, the United Nations Industrial Development Organization (UNIDO) organized an international forum entitled “Increasing the contribution of women to economic growth and prosperity: Creating an enabling environment.”

The event was staged in cooperation with the OPORA RUSSIA Committee on Women Entrepreneurship Development, with organizational support from the Roscongress Foundation and financial support from the Government of the Russian Federation.

More than 200 participants from all over the world came together to share their experiences on the challenges and best-practice solutions for scaling up successful models for women’s economic empowerment and entrepreneurship. The event was attended by numerous high-level representatives from regional governments of the Russian Federation, as well as from the Russian and international business community, including Scania, SAP, Festo and Didactic, among others. 

The event was attended by two UNIDO Goodwill Ambassadors, Helen Hai and Janne Vangen Solheim. Olga Algayerova, Executive Secretary of the United Nations Economic Commission for Europe also joined the event as a special guest.

During the opening session, the Deputy Chairperson of the Council of the Federation of the Federal Assembly of the Russian Federation, Galina Karelova, commented on the fact that for the second year running leading experts and representatives of the business community were debating opportunities and best practices for strengthening the role of women in economic development with UNIDO’s support at the prestigious SPIEF-2018: “This is strong evidence that the women's agenda in Russia, as well as at the international level, has reached a fundamentally new level,” she stated.

In his written message sent to the organizers and participants of the Forum, Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, welcomed the fruitful cooperation between UNIDO and OPORA RUSSIA in the area of women’s entrepreneurship, and wished the Forum success in developing effective solutions aimed at increasing the role of women in overall efforts to achieve the Sustainable Development Goals.

Nadiya Cherkasova, Head of the OPORA RUSSIA Women‘s Entrepreneurship Development Committee, stressed the importance of women’s entrepreneurship as an engine for economic growth and noted the numerous opportunities for scaling up women’s participation in business activities.

Alexandr Kalin, Head of OPORA RUSSIA, mentioned that the country is facing an ambitious goal of boosting national economic growth, where a reliance on small and medium-sized businesses is crucial. He added that OPORA RUSSIA’s work in the area of women's entrepreneurship is thus very timely, while women’s entrepreneurship is gaining pace and is expected to play a key role in economic development.

Jacek Cukrowski, Chief of UNIDO’s Europe and Central Asia Division, reiterated the importance of forming global alliances and building upon common goals to achieve the economic empowerment of women: “UNIDO has joined hands with OPORA Russia, capitalizing on our knowledge, experience and partners’ networks, for the delivery of concrete, measurable and productive outcomes,” he stated.

Three main sessions of the Forum provided a platform for fruitful debate with an action-oriented outlook on the road ahead, involving policymakers and representatives from the private sector, as well as women’s networks. The development of a global women-leaders talent pool, as a way of fostering network opportunities among women experts from various business sectors, the creation of an e-learning platform for women in business, providing opportunities to take learning and skills development courses to improve managerial and entrepreneurial skills, as well as capacity building initiatives for women entrepreneurs and leaders in different industrial sectors in cooperation with the private sector, business associations and civil society were all discussed during the event.

UNIDO’s representative said that women’s empowerment and entrepreneurship are powerful tools for economic development and are firmly anchored in the Goals of the 2030 Agenda for Sustainable Development. UNIDO will therefore continue in its efforts to advance the economic empowerment of women.The issue will be at the center of the debate at the upcoming Eurasian Women's Forum in St. Petersburg in September 2018.

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