G-20 Summit Countries Promise Greater Female Labor Force Participation

The participating countries agreed to boost female labor force participation rates by 25 percent by 2025. Doing so will bring an estimated 100 million additional women into the labor force by that year.

The countries participating in the just-concluded G-20 Summit in Brisbane, Australia, focused on jobs and growth, and they agreed to boost female labor force participation rates by 25 percent by 2025. Doing so will bring an estimated 100 million additional women into the labor force by that year. G-20 is a forum for economic policy cooperation, and this one also focused on climate change -- with several countries' leaders supporting actions to address it but the home country's leader, Tony Abbott, was resolutely opposed.

This was the eighth G-20 Summit attended by President Obama.

The participating countries agreed to:

  • take steps to prevent anonymous shell companies from facilitating illegal financial flows stemming from corruption, tax evasion, and money laundering
  • address climate change, including communicating post-2020 domestic climate targets as soon as possible and preferably by the first quarter of 2015
  • enact an energy efficiency action plan that includes, among other initiatives, a program to increase fuel quality and reduce carbon emissions by heavy-duty vehicles
  • complete by the end of 2015 an implementation plan on combating tax avoidance by multinational companies
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