![](https://internationalwim.org/wp-content/uploads/2020/11/Womens-Employment-in-the-Extractive-Industry_Cover-400x565.png)
- Report year:2020
- Organisation: World Bank Group
World Bank research highlights that in- creasing women’s employment opportu- nities is good both for business, as well as for local economic development. IFC research indicates that higher female labor force participation can increase profits by 6-20 percent, drive innova- tion, raise attendance and retention rates, and reduce organizational risks within businesses (IFC, 2013).