Employment and entrepreneurship development are among the key policy areas through which LED has a potential to fulfill and integrate territorial cohesion frameworks. Economic empowerment and access to decent work for women and young people is another fundamental pillar for the creation of territorial systems that combine competitiveness and economic efficiency, promoting inclusion and social cohesion. Decent work is the way out of poverty for poor households and the expansion of productive and decent employment is the way economies grow and diversify. Policies and measures that favour the participation of women and youth in LED and their access to decent work are critical elements for the localization of SDGs and aligned principle of the 2030 Agenda to leave no one behind. Promoting and investing in women’s and youth’s economic empowerment sets a direct path towards equality, poverty eradication and inclusive economic growth.
United Nations Development Programme