Policy Brief

Catalysing Care’s Potential: A G20 Fiscal, Economic and Social Strategy for Equality

Care is a strategic investment, fundamental to resilient economies, inclusive societies, and sustainable development. Yet despite unpaid care work representing 9% of global gross domestic product (GDP), care remains undervalued, underpaid, and underfunded. Amid widening inequalities, geopolitical tensions, climate crises, conflict, and displacement – challenges that threaten social investments and development progress – embedding care into G20 fiscal, economic, and social strategies is more urgent than ever.

Investments in care can generate substantial economic returns, potentially creating millions of jobs, boosting global GDP and tax revenues, all while reducing poverty, strengthening resilience, and improving livelihoods. Thus, care can be both a powerful social equaliser and a driver of inclusive, sustainable growth. However, while the care economy is gaining recognition in international discussions, progress remains limited due to persistent gaps in investment, coordination, and implementation.

The G20 has acknowledged care’s importance but has not yet delivered the decisive, coordinated action and financing needed to realise its full transformative potential. Crucially, commitments have not been matched by adequate funding or meaningful improvements in services, infrastructure, or data collection.

Strong care and support systems are essential to accelerating recovery and transformation. South Africa’s G20 presidency provides a timely opportunity to position care as a cross-cutting priority within public policies globally. This brief builds on prior G20 commitments and proposes concrete policy actions anchored in gender equality, disability inclusion, human rights, and sustainability principles. By integrating care strategically into fiscal, economic and social frameworks, the G20 can harness its potential to drive solidarity, equality, and sustainability – core principles of South Africa’s presidency – and effectively respond to today’s intersecting global crises.

31 Oct 2025

Task Force

Keywords

care economygender equalitySDGssustainable development

Author/s

Florencia Caro Sachetti
Research Associate,
CIPPEC
(Argentina)
Carolina Robino
Senior Programme Specialist,
IDRC
(Uruguay)
Cecilia Alemany
Deputy Regional Director,
UN WOMEN
(Uruguay)
Laura Pérez Castaño
Regional Care Specialist,
UN WOMEN
(Spain)
Anna Eknor Ackzell
Research Analyst,
UNRISD
(Switzerland)
Francisco Cos-Montiel
Senior Research Coordinator,
UNRISD
(Switzerland)
Silva Levonian
Program Manager,
Global Solutions Initiative
(Germany)
Sona Mitra
Director of Policy and Research,
IWWAGE
(India)
Yara Tarabulsi
Outreach and Advocacy Officer,
Global Alliance for Care
(Mexico)
Ankita Panda
Senior Programme Officer,
The Asia Foundation
(United States of America)
Brett Weisel
Global Policy and Advocacy Lead,
Early Childhood Development Action Network
(United States of America)
Kelsey Harris
Senior Policy Analyst,
Center for Global Development
(United States of America)
Victoria Duncan
Head of Research and Evidence,
Harambee Youth Employment Accelerator
(South Africa)
Margo Thomas
Founder and President,
Women’s Economic Imperative & Int. Panel on Social Progress
(United States of America)
Amar Nijhawan
Senior Programme Officer,
IDRC
(Kenya)