{"id":272781,"date":"2022-03-16T15:07:13","date_gmt":"2022-03-16T19:07:13","guid":{"rendered":"https:\/\/www.un.org\/unispal\/?post_type=document&p=272781"},"modified":"2022-04-08T15:08:19","modified_gmt":"2022-04-08T19:08:19","slug":"palestine-exchange-rings-the-bell-for-gender-equality-in-the-private-sector","status":"publish","type":"document","link":"https:\/\/www.un.org\/unispal\/document\/palestine-exchange-rings-the-bell-for-gender-equality-in-the-private-sector\/","title":{"rendered":"Palestine Exchange Rings the Bell for Gender Equality in the Private Sector"},"content":{"rendered":"

 <\/p>\n

Arabic: \u0627\u0644\u0639\u0631\u0628\u064a\u0629<\/a><\/p>\n

Date:\u00a0<\/b>

To mark the International Women\u2019s Day (IWD), Palestine Exchange (PEX), in partnership with UN Women, the International Finance Corporation (IFC) and the Palestinian Capital Market Authority (PCMA), organized the \u201cRing the Bell for Gender Equality\u201d virtual ceremony for the fourth time in Palestine, within the IWD theme \u201cGender equality today for a sustainable tomorrow\u201d, with a high level and wide range participation of national stakeholders.<\/p>\n

The Ring the Bell initiative, taking place by 121 exchanges and CCPs around the world, aims to bring attention to the pivotal role the private sector can play in advancing gender equality to achieve the Sustainable Development Goals, to raise awareness about the\u00a0Women\u2019s Empowerment Principles (WEPs<\/a>) and enhancing women\u2019s participation and leadership and their organizations in climate change, adaptation, mitigation, and response, while looking at gender equality at the heart of their solutions.<\/p>\n

In his welcoming statement, Mr. Maher Masri, Chairman of the Palestine Exchange, confirmed the importance of this initiative for PEX through contributing to achieving zero discrimination against women and enhancing women\u2019s access to leadership positions similar to men. He added: We celebrate ringing the bell today on the occasion of the IWD in light of exceptional political and economic circumstances across the world, which affects all efforts towards enhancing women\u2019s economic and social participation. Through this difficult time, we are in need for increasing the opportunities for women\u2019s participation in driving change towards a sustainable future. \u201cStriving to develop sustainable global strategies is the global utmost priority, which must be seriously focused on for a better tomorrow for us and for our children\u201d, he said.<\/p>\n

Ms. Maryse Guimond, the Special Representative of UN Women in Palestine, indicated that investing in women\u2019s economic empowerment, especially in women\u2019s leadership, sets a direct path towards gender equality and inclusive economic growth. \u00a0\u00a0She stressed on the crucial role in the attainment of Global Goals in Palestine, notably the SDG Goal 5 on Gender Equality and Women\u2019s Empowerment. Ms. Guimond confirmed UN Women\u2019s commitment to partnering with and supporting the Palestinian private sector in their mission to achieve gender equality and women\u2019s empowerment, and mainstreaming gender in the workplace, marketplace, and community, specifically in promoting corporate policies that ensure decent working conditions and earnings for women.<\/p>\n

In a related context, Mr. Youssef I Habesch, Principal Country Officer, CME West Bank and Gaza (CMEWG) of the IFC, gave an overview of the IFC\u2019s programs, initiatives and interventions in supporting the private sector institutions, and explained that initiatives helps us in providing the necessary support for the national efforts to enhance women’s access to decision-making positions. Mr. Habesch encouraged private sector institutions to invest in women\u2019s skills and potential as leaders and diversity in boards to ensure the participation of women and men.<\/p>\n

In his statement, Mr. Murad Al-Jadbah, Securities Director at the PCMA, said that it is time to focus seriously and decisively on supporting the transition to a green economy and enhancing environmental sustainability, by adopting ambitious strategies that comply with environmental standards. This means supporting SME\u2019s, especially the women led, \u00a0in a way that ensures the participation of women in the workforce and assuming more leadership and advisory positions in many specialized fields, saving the environment and contributing to economic growth.<\/p>\n

During the ceremony, an overview of the main policy recommendations of the Organization for Economic Cooperation and Development (OECD) were presented on the environment and gender, based on the recent global research published by the OECD \u201cGender and the Environment: Building Evidence and Policies to Achieve the SDGs\u201d. Additionally, two\u00a0entrepreneurial solutions in addressing environmental risks\u00a0were presented, from the West Bank and Gaza Strip to advance economic development and recovery in Palestine. Prominent initiatives and best practices of the private sector partners were also presented in engaging women in climate change, adaptation, mitigation, and response especially in renewable energy, industry innovation, and providing innovative financial solutions that are necessary for advancing economic development by both women and men.<\/p>\n

The ceremony also included the WEPs signature of four new companies. These are the Vitas Palestine for Microfinance Company and the Arab Medical Complex, representing three private hospitals, namely, the Istishari Hospital in Ramallah, the Arab Specialized Hospital, in Nablus, and the Ibn Sina Hospital in Jenin. Thus, the total number of Palestinian companies that have signed these principles will be 18 through this year.<\/p>\n

This initiative is organized for the fourth time in Palestine through \u00a0partnership between\u00a0IFC<\/a>,\u00a0Sustainable Stock Exchanges (SSE) Initiative<\/a>,\u00a0UN Global Compact<\/a>,<\/u>\u00a0UN Women<\/a>, the\u00a0World Federation of Exchanges<\/a>\u00a0and\u00a0Women in ETFs<\/a>,<\/u>\u00a0to raise awareness about the business case for women\u2019s economic empowerment and the opportunities for the private sector to advance gender equality and sustainable development.<\/p>\n","protected":false},"excerpt":{"rendered":"

  Arabic: \u0627\u0644\u0639\u0631\u0628\u064a\u0629 Date:\u00a0Wednesday, 16 March 2022 To mark the International Women\u2019s Day (IWD), Palestine Exchange (PEX), in partnership with UN Women, the International Finance Corporation (IFC) and the Palestinian Capital Market Authority (PCMA), organized the \u201cRing the Bell for Gender Equality\u201d virtual ceremony for the fourth time in Palestine, within the IWD theme \u201cGender […]<\/a><\/p>\n","protected":false},"author":172,"featured_media":0,"parent":0,"template":"template-page.php","meta":{"footnotes":""},"country":[],"document-category":[2453],"document-source":[2481],"committee-meeting":[],"document-subject":[1937,6257,2097,1841],"entity":[1729],"document-language":[6544],"class_list":["post-272781","document","type-document","status-publish","hentry","document-category-article","document-source-un-women","document-subject-economic-issues","document-subject-gender","document-subject-social-issues","document-subject-women","entity-united-nations-system","document-language-arabic"],"_links":{"self":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document\/272781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document"}],"about":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/types\/document"}],"author":[{"embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/users\/172"}],"version-history":[{"count":0,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document\/272781\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/media?parent=272781"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/country?post=272781"},{"taxonomy":"document-category","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-category?post=272781"},{"taxonomy":"document-source","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-source?post=272781"},{"taxonomy":"committee-meeting","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/committee-meeting?post=272781"},{"taxonomy":"document-subject","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-subject?post=272781"},{"taxonomy":"entity","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/entity?post=272781"},{"taxonomy":"document-language","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-language?post=272781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}