Baroness Goudie
Main Page: Baroness Goudie (Labour - Life peer)Department Debates - View all Baroness Goudie's debates with the HM Treasury
(5 months, 2 weeks ago)
Lords ChamberMy Lords, I am so pleased to be here celebrating International Women’s Day with all my friends and colleagues in this House. I welcome the noble Baroness, Lady Casey, whose work I have admired for many years. I look forward to her maiden speech so much.
I am delighted that this year’s International Women’s Day theme centres on investing in women, a topic close to my heart. It is gratifying to see the House focus its attention on this crucial subject. We are all aware of the benefits associated with investing in women’s health, education and economic opportunities. Women’s increased economic participation in their ownership and management of productive assets not only accelerates development but alleviates poverty, diminishes inequalities and enhances children’s well-being. Women typically invest a larger portion of their earnings in their families and communities compared to men. Moreover, providing girls with even a few years of primary education improves economic prospects, reduces family size and boosts children’s access to education.
However, realising these benefits hinges on robust investment. Women, particularly in developing nations, require access to comprehensive credit, banking and financial services to fully develop their assets. This, again, was promised at the meeting of Finance Ministers of the G20. While formal education empowers girls, ensuring they have equitable access to educational opportunities is paramount, especially considering the disproportionate impact of the pandemic on girls’ education.
Recent reports from reputable institutions such as the World Bank and the World Economic Forum underscore persistent global gender inequalities. The widening gender pay gap in the UK between 2022 and 2023—reports have recently been published on this, including this morning—and the projected 131 years to achieve global gender parity, according to the Global Gender Gap Report 2023, are alarming. These statistics signal regression rather than progress in women’s rights worldwide.
Yet for women in conflicted areas, time is of the essence. Their lives are endangered daily by violence, displacement, poverty and disease. On this International Women’s Day, I pay homage to the remarkable women serving as human rights defenders, despite facing repressive regimes and violent actors. We have to fight harder for those in Afghanistan, where women protesting against the Taliban are being detained, silenced and subject to abuse. Can you imagine never being able to go out, week after week, nor let your children out? Similarly, women on both sides of the Israel-Palestine conflict are advocating for peace amid bloodshed.
In Ukraine, women like Oleksandra Matviichuk are trying to expose Russian aggression. They are taking notes and going to war-torn areas so that people can be prosecuted. Ukrainian women are on the front line, from soldiers to grass-roots activists. There are 50,000 women in Ukraine on the front line, in one way and another, playing a pivotal role in countering Vladimir Putin’s aggression.
Three years since the last military coup in Myanmar, women have intensified their involvement in the pro-democracy movement, challenging patriarchal structures and advocating for gender equality. In Iran, women continue to face brutal repression for their peaceful dissent, exemplified by the courage of those who protested against the death of Mahsa Amini.
Women worldwide endure double jeopardy, for their gender and their convictions, yet remain undeterred. I urge this House to join me in honouring the resistance and bravery of women affected by conflict, and those fighting against the odds for a more equitable world. Women’s economic equality is central to realising and protecting women’s rights. When women work, economies grow; when women in emergency settings are held back, the entire process of peacebuilding and reconstruction is in jeopardy. Women think about health and investment; they think about education. Stable economies are paramount to the transition that a country makes from war to peace and can help prevent conflict breaking out in the first place. A number of indexes show that if those women were listened to, it would stop many wars.
The private sector plays a crucial role in bridging the gaps after war and is potentially positioned to accelerate economic resilience for women and girls. Various companies have created initiatives to better support women at local level, from skills training on how to fully utilise their farmed crops to bank account creation and financial courses.
I urge that schools should not be used during a time of war for offices, because it is when people are not being educated that the economy of a country goes down, and it is impossible to assist in bringing it forward. I have worked with two great organisations but, because of the war, children have not been taught to read or write, so they are not able to be employed as they get older in even the most basic tasks, such as hotel trades. Then, labour comes in from outside, which damages the economy terribly. I also urge the Government to encourage greater investment in conflict-affected countries and ask them to promise that no discussions about investment in women or in those countries are held without local women at the table.
I have one other point, on today’s report from the Commons Treasury Select Committee. One of its recommendations is that we should have no NDAs in future. I hope that this and other Governments will put that in legislation as quickly as possible.