UNSGSA - UN Secretary-General’s Special Advocate for Inclusive Finance for Development UNSGSA - UN Secretary-General’s Special Advocate for Inclusive Finance for Development

Speeches

As UNSGSA, Queen Máxima shares experiences across countries and connects people and institutions through speeches and published articles in addition to her meetings with national and global leaders. Through her speeches and published work, Queen Máxima has been an active and passionate voice for financial inclusion.

Diverse financial services

2012

4th International Insurance Conference
Amsterdam, the Netherlands At the largest convening of insurance and re-insurance companies globally, Queen Máxima said that unexpected events such as floods or the death of an income earner can cause poor families to suffer long-term financial setbacks.  They often have to sell productive assets, take children out of school, or take out expensive loans.  She challenged the audience to help create an insurance market that is inclusive, sustainable, and protects people against these eventualities.   Full text
Twente Research Conference on Micro-Insurance
Enschede, the Netherlands In this gathering of researchers, practitioners, and donors, Queen Máxima pointed out that the first step in designing financial products with more impact is understanding why a poor client needs insurance. She suggested broadening the scope of research to understand the potential impact of microinsurance on community welfare as well as households and individuals. She also urged the audience to consider microinsurance in combination with other financial products to help the poor protect themselves from unforeseen risks.   Full text

2011

Taking stock, Setting goals, Moving forward
Riviera Maya, Mexico In her address to policymakers from 60 developing countries, the UNSGSA reflected that access to basic financial services reinforces sound and stable financial systems.  It also requires new financial products and services that meet the needs of both poor individuals and SMEs.  She recognized that regulators are taking the lead in creating an enabling environment for innovative business models to thrive. Full text
The Role of Investors in Building Vibrant and Responsible Financial Systems
Amsterdam, the Netherlands The UNSGSA discussed how investors can promote financial inclusion by investing in companies that are agents of change and are responsible.  Investors have the potential to influence how the industry grows and the kinds of financial products that are available to diverse clients.  She commended BlackRock for joining the Principles for Responsible Investment (PRI) and urged all investors to sign the Principles for Investors in Inclusive Finance. Full text