What does this traffic sign indicate?

This traffic sign indicates a designated area for pedestrians, specifically highlighting that it is intended for mothers with children. It usually signifies a footpath where pedestrians can walk freely and with priority.

In the context of German traffic regulations, this sign emphasizes the safety of children and encourages parents to use these pathways, ensuring they are separated from vehicular traffic. The presence of such signs is important for creating safe environments for families in urban areas.