In at least 93 countries around the world, women are paid less than men for the same work. This is just one example of how women are denied economic equality. These disparities not only affect women but also have far-reaching consequences for their children, families, and communities as a whole. Closing the gender gap in pay or access to resources like loans and capital could potentially give the global economy a $7 trillion boost, according to the United Nations.

These issues are at the forefront of discussions as world leaders gather in Washington, D.C., for meetings hosted by the World Bank and the International Monetary Fund. One advocate for a more just economy is Melinda French Gates, co-chair of the Bill and Melinda Gates Foundation, which supports “NewsHour.”

Melinda Gates is committed to addressing these economic disparities and promoting gender equality. She believes that ensuring women have equal opportunities in the workforce and access to financial resources is crucial for creating a fairer society for women and their families worldwide. In her role at the Gates Foundation, she works towards creating an inclusive and equitable global economy that benefits everyone.