E/CN.6/2024/L.3 mobilization and allocation and diverts resources away from activities that are vital for poverty eradication and sustainable development, which may undermine efforts to achieve gender equality and the empowerment of all women and girls. 47. The Commission reaffirms that achieving gender equality, empowering all women and girls, and the full realization of their human rights are essential to achieving sustained, inclusive and equitable economic growth and sustainable development. The Commission recalls that the 2030 Agenda and the Addis Ababa Action Agenda set out policies that seek to, inter alia, increase financial in clusion; ensure that policy and regulatory environments support financial market stability, integrity and the promotion of financial inclusion in a balanced manner and with appropriate consumer protection; and work towards the strengthening of financial literacy, capacity development for developing countries and full and equal access to formal financial services for all, including women living in poverty. It acknowledges that lack of access to financial services intensifies challenges for women living in poverty. Furthermore, women in the informal economy, women-owned and womenled enterprises, including women with informal micro -businesses, are often confronted with major barriers to equal access to financing, financial institutions, financial services and skills development training. 48. The Commission emphasizes the special importance of predictable, timely, effective, comprehensive and durable solutions to the debt problems of developing countries to promote their economic growth and sustainable developm ent and to create fiscal space for addressing the challenges of women and girls living in poverty. 49. The Commission calls for the need to mobilize resources equitably and target investments and policies towards achieving gender equality and the empowerm ent of all women and girls and eradicating poverty in all its forms and dimensions, including extreme poverty affecting women and girls. The Commission acknowledges the Secretary-General’s efforts to address the Sustainable Development Goal financing gap through a Sustainable Development Goal stimulus to rapidly scale up financing to accelerate progress towards the Goals. It also recognizes the importance of strengthening international development cooperation and maximizing its effectiveness, transparency, impact and results. 50. The Commission welcomes the major contributions of civil society organizations, especially women’s, young women’s, girls’, youth-led, grass-roots and communitybased organizations, rural, indigenous and feminist groups, women human rights defenders, women journalists and media professionals and trade unions in promoting and protecting the human rights of all women and girls, placing their interests, needs and visions on local, national, regional and international agendas and in the design, implementation, monitoring and evaluation of measures to achieve gender equality and the empowerment of all women and girls, including by addressing poverty and strengthening institutions and financing with a gender perspective. It expresses concern that such civil society organizations face many challenges and barriers to full, equal and meaningful participation and leadership, including di minishing funding, as well as violence, harassment and reprisals directed at, and threats to the physical security of, their members. 51. The Commission recognizes the importance of the full engagement of men and boys as agents and beneficiaries of change, and as strategic partners and allies in the achievement of gender equality and the empowerment of all women and girls in addressing poverty and strengthening institutions and financing with a gender perspective in order to combat and eliminate the gender stereotypes, sexism and negative social norms that fuel discrimination and all forms of violence, including sexual and gender-based violence, and undermine gender equality, while noting the ongoing need to educate children from a young age regarding the i mportance of 24-05678 11/27

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