European Development Days 2018
The European Development Days 2018 took place in Tours & Taxis, Brussels on the 5th and 6th of June. It featured prominent speakers such as Jean-Claude Juncker, Antonio Tajani, Frederica Mogherini, Cecilia Malmström, Queen Mathilde of Belgium, Queen Letizia of Spain, Paul Kagame the president of Rwanda, Marie-Louise Coleriro Preca the president of Malta, and Phumzile Mlambo-Ngcuka the Executive Director of UN Women.
This year’s event focused on topics of sustainable development with a special emphasis on gender- the rights and opportunities for women and girls. The hashtags #SheisWe and #SheDDs marked the event and trended on Twitter.
The president of Malta, Marie-Louise Coleriro Preca spoke in the opening ceremony of the fact that in recent decades the gender gap has actually increased. Gender parity has shifted into reverse since measurements begun by the World Economic Forum. She urged that action needs to be taken to change this trend.
In the panel on Empowering Women in Sustainable Investment and Business through the EIP, Rebecca Holmes said that as women are more socially and economically vulnerable then social protection policies targeting women should take into consideration local causes, such as social protection labour division, etc.
Betsy Nelson mentioned that women are the most loyal customers of banks. However, often do not go into entrepreneurship, and when they do then they have smaller businesses. Also, women have trouble receiving loans, as their applications are evaluated more harshly.
The EIP (EU External Investment Plan) has stepped in to help in these cases to provide funding for women entrepreneurs.