Financial Inclusion: Advancing Sustainable Development—the 2016 UNSGSA Report
Over the last year the world has begun to press forward with ambitious plans to achieve the Sustainable Development Goals. Financial inclusion is broadly recognized within the Goals as a powerful tool to advance development progress.
The 2016 UNSGSA Report looks at recent work to expand financial inclusion and examines some of the most effective tools to make that possible.
Video—The Special Advocate’s 2016 Annual Message
“From huge data sets to individual stories, evidence suggests that universal financial inclusion in within reach.” The Special Advocate, Queen Maxima of the Netherlands, delivers her 2016 annual message in a brief, compelling video.
In Bangladesh, Bringing Financial Inclusion to Rural Doorsteps
In rural Rajbari district, Sreemoti Josna Rani Das is getting a taste of what urban residents take for granted: easy access to a broad range of basic services—including agent banking and mobile money. It's all part of an innovative program that's helping to expand financial inclusion to the last mile.Read more
Indonesia Country Visit: Technology holds a key to financial inclusion
During a recent high-profile country visit to Indonesia, the Special Advocate discussed how the country can advance financial inclusion with President Widodo (above), government ministers, and low-income clients who are using technology-enhanced financial services.Read more
Queen Máxima of the Netherlands
Her Majesty Queen Máxima of the Netherlands is the UN Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA).
As Special Advocate, Queen Máxima champions universal access to affordable, effective, and safe financial services for the poor. Collaborating closely with global and national partners, she raises awareness, encourages leadership, works to break down barriers, and supports action to expand financial inclusion. Queen Máxima is also honorary patron of the G20’s Global Partnership for Financial Inclusion and serves as a Global Agenda Trustee for the World Economic Forum’s Global Challenge Initiative on the Future of the Global Financial System. In the Netherlands, she is a member of the Committee for Entrepreneurship and Finance and honorary chair of the Dutch Money Wise Platform.Read more
Forty percent of the world’s adults—two billion people—struggle to get by without the basic financial services they need to protect themselves against hardship and invest in their futures.
Financial inclusion seeks to unlock development opportunity and improve the lives of all, especially the poor, by expanding access to catalytic financial tools.
Affordable, effective, and safe financial services—savings, insurance, payments, credit, and more—can play a transformative role by fostering equitable growth and furthering vital development goals such as poverty reduction, job creation, gender equality, and food security.
Financial inclusion can support families when they confront unexpected setbacks and help them work their way out of poverty. It can permit small entrepreneurs to invest in their businesses and create jobs. And it can allow societies and economies to grow stronger and more inclusive.
Financial inclusion cannot end poverty and inequality on its own, but it can contribute significantly to building better lives and more resilient communities. By opening a path to empowerment and opportunity for all, an inclusive financial system is essential infrastructure for every country.Read more