That specific number is a reference to the 82 women who have competed in the 71 years of the festival, compared to more than 1,600 men, with only one woman ever winning the festival's top honor, the Palme d'Or. The trio and French actress Lea Seydoux, who are all members of the jury at this year's event, with Cate acting as president, oversaw proceedings as Cannes director Thierry Fremaux and his colleagues Edouard Waintrop, Charles Tesson and Paolo Moretti formally promised to promote equality and greater inclusivity.
Cannes is first film festival to signed the pledge but it is expected that others will follow suit.
In a display of solidarity with the Time's Up movement, 82 women in film have taken to the famous Cannes steps to protest the lack of female representation at the film festival.
Fremaux says they hope this pledge reinforces the realisation that the world has changed and that our history and habits must be questioned. The stairs of our industry MUST be accessible to all.
"Her feud with the Cannes tastemakers began in 2015, best known as "#heelgate", when 50 women who wore flats were denied access to the screening of "Carol" - leading to outrage among A-list female stars.
Jane Campion is the only female director to have won the Palme d'Or, for her 1993 film "The Piano".
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The number has already received "several calls" since the festival's launch on May 9, said French Equality Minister Marlene Schiappa. Under the in the Directors Fortnight section, in 2012 her first film Gangs of Wasseypur was screened at Cannes.
Blanchett has criticised Cannes for once again failing to invite more female directors.
The 48-year-old has emerged as a key figure in Hollywood's fight against sexual misconduct.
Support for the "Me Too" movement is spreading in France. She is the head of the jury.
Only seven per cent of Hollywood blockbusters were directed by women in 2016.
A meeting between the Indian delegation and Ms. Isabelle Giordano, Director General, Unifrance, M. Loïc Wong, Director of International Department, CNC, France along with Ms. Valérie L'Epine-Karnik, CEO, Film France was held to explore co-production opportunities between India and France.