Addressing policy makers and business leaders, this article examines the impacts of the pandemic on the economy and how this is having a regressive effect on gender equality. The article incorporates the McKinsey Global Institute’s (MGI’s) Power of Parity work to establish global estimates for numerous scenarios using 15 gender-equality indicators across four categories: equality in work, essential services and enablers of economic opportunity, legal protection and political voice, and physical security and autonomy.