Side event on Financial Security of Older Women in South-East Asia at the Sixth Asia-Pacific Forum on Sustainable Development (APFSD)
Population ageing is one of the megatrends affecting sustainable development in the Asia-Pacific region. It is estimated that in 2050, 1.3 billion people in the region will be 60 years old or over, with more women than men. Older women are more likely to fall into poverty than older men and have less access to income, assets, savings and contributory pensions.
A core principle of the 2030 Agenda for Sustainable Development is gender equality and the empowerment of women. The 2030 Agenda also calls for a focus on the most vulnerable groups in society, which includes older persons. Given current trends in population ageing, a focus on older women is critical for achieving the 2030 Agenda, especially its central tenet of “leave no one behind.”
The Tsao Foundation, in cooperation with ESCAP, the Malaysian Research Institute on Ageing, and HelpAge International Asia-Pacific Office will hold a side-event on the financial security of older women in Southeast Asia during the Sixth Asia-Pacific Forum on Sustainable Development. The event will present the findings of the study on “The Financial Security of Older Women: Perspectives from Southeast Asia” and seeks to generate discussion and debate on the financial security of older women, and how it is inextricably linked to progress towards sustainable development.