U.N. Women was created due to the acknowledgement that gender equality and women's empowerment was still despite progress far from what it should be. Transforming political will and decisions such as the Member States creating U.N. Women into concrete steps towards gender equality and women's empowerment I think is one of the main challenges.
Educational equality doesn't guarantee equality on the labor market. Even the most developed countries are not gender-equal. There are still glass ceilings and 'leaky pipelines' that prevent women from getting ahead in the workplace.
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Gender equality will only be reached if we are able to empower women.