“Addressing the Gender Gap in Financial Literacy As Part of a Broader Strategy for Economic Empowerment” is part of an event series organized by the European Banking Federation (EBF) during the European Money Week (March 22 – March 27) which celebrates financial education and raises awareness about money and personal finances. This year’s theme, ‘counting everyone in’, highlights the importance of including all social groups in financial education efforts, with a special focus on the elderly, women and youth.
Financial education and gender equality are central to delivering a thriving European economy. Combined with other efforts to tackle systemic inequalities, financial literacy can be a golden key for creating equal economic opportunities. Across the EU, significant gaps remain among women and men in terms of levels of financial literacy. Ensuring that women are not left behind requires a coordinated effort by the EU, national and local public authorities, academia, as well as the private sector. The European banking sector can accelerate the journey to equality by becoming a more diverse employer and provider of finance and by incorporating financial literacy as a major plank of its inclusion strategy.
As part of the focus on ‘counting everyone in’ in the 2021 edition of European Money Week, this session will look at the benefits and challenges of, and best practices in, building financial literacy for girls and women.