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


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.

Financial inclusion, integrity and stability


Africa-Middle East Regional Microcredit Summit
Nairobi, Kenya While acknowledging the progress achieved since the global summit in Halifax, the UNSGSA issued three challenges to participants: to reach the very poor, particularly those in rural areas, through partnerships and cost-saving new service delivery technologies; to expand financial services to include savings, insurance, payment services, and remittance facilities, and to widen the client base from micro to SMEs; and to better protect clients.  She noted that inclusive finance is a means to an end, not an end in itself, and that it can be an enabler of development.  Bringing the unbanked into the financial system can help strengthen governance, while empowering people to invest productively and make better technology choices can contribute to greater environmental sustainability.   Full text


Annual Conference of the Russian Microfinance Center
Moscow, Russia Referring to the progress made in the two years since her last visit, the UNSGSA noted that though many Russians have access to basic financial services, only 20 percent have bank deposits.  She emphasized the value of savings in protecting against risks and building assets, and of enabling legal frameworks in managing savings and broadening access.  She noted the power of technology to overcome geographic distances, historically a barrier to accessing deposit services, and praised Russia’s advances in technological innovation.  She stressed the importance of consumer protection to ensure that clients benefit from these innovations. Full text


Balancing Innovation and Risks in the Digital Era
Wiesbaden, German   Speaking to a G20 conference on digital finance and financial inclusion, the Special Advocate laid out the great promise of digital tools to expand financial access to the poor. But she also discussed the risks of technology-based innovations for customers and the financial system. The way forward, she said, lies in taking a customer-centric approach, preparing and empowering customers, putting safe and enabling regulations in place, and developing the necessary public goods.     Full text


Building an Inclusive Financial System in Egypt
Cairo, Egypt Congratulating EFSA on the draft regulations, the UNSGSA stressed that financial inclusion should provide all Egyptians with the right financial products in the places where they need it, at the right prices.  It should be competitive and transparent, and protect consumers.   Full text