The Care Economy Knowledge Hub
In Latin America, Asia and Africa, women spend between three to five times as many hours on unpaid care and domestic work than men, performing 80 percent of the total hours devoted to unpaid care work in the household.
We believe that innovative market-based solutions to recognize, reward, reduce and redistribute care activities exist, and are increasing. These include the provision of affordable, high-quality child care to underserved communities, workplace solutions for childcare, solutions that improve labour conditions for care economy workers, and time- and labour-saving innovations and technology.
However, there is a clear knowledge gap preventing private investment into these businesses, and preventing their growth and replication.
What is the care economy?
Domestic chores such as cooking, washing, cleaning, collecting water or fuel, or taking care of family members, including children, the elderly, those who are ill or who have disabilities. This work is usually invisible, undervalued and unpaid.
Paid work taking care of persons or households not in one’s direct family. This includes domestic work, child and elder care, and care for those who are ill or who have disabilities. This work is often undervalued and underpaid, without a fair work framework in place (eg. lack of contract, workers rights, paid leaves, etc).
Unpaid care and domestic work responsibilities fall disproportionately on women and girls, especially in the global south.
Care economy businesses can help recognise, reduce, reward and redistribute care work in the following ways:
1) Redistribute care work from individuals to public and private sector entities, and
2) Redistribute care and domestic work within the household