AEnhancing women's economic capabilities and opportunities
BImproving political participation of women
CIncreasing access to education for all genders
DPromoting environmental sustainability
Answer:
A. Enhancing women's economic capabilities and opportunities
Read Explanation:
Economic Empowerment of Women: A Key Component of Development
Definition: Economic empowerment, particularly for women, refers to the process of enabling women to gain control over their economic lives through enhanced capabilities and expanded opportunities.
Core Objective: The primary focus is on increasing women's access to and control over financial resources, productive assets, and income-generating activities.
Significance in Development: It is widely recognized as a crucial driver for overall economic growth and sustainable development. Empowered women contribute more significantly to household income, national GDP, and poverty reduction.
Key Areas of Focus:
Education and Skills Development: Providing access to quality education and vocational training to enhance employability and entrepreneurial skills.
Access to Financial Services: Ensuring access to credit, savings, insurance, and other financial products, often through microfinance institutions and women's self-help groups.
Employment and Entrepreneurship: Promoting decent work opportunities, fair wages, and support for women-led businesses and startups.
Asset Ownership and Control: Facilitating women's ownership and control over land, property, and other productive assets.
Decision-Making Power: Encouraging women's participation in economic decision-making at household, community, and national levels.