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


Harnessing Financial Innovation to Build an Inclusive World
Basel, Switzerland   Addressing the All Governors Meeting at the Bank for International Settlements, the Special Advocate laid out the promise and challenges of building a more inclusive financial system. It is now widely agreed that financial inclusion plays a powerful role in fostering economic growth and further vital development goals, but there is a rising recognition that there is a positive relationship between financial inclusion and financial stability. But the current business models of most financial institutions are not geared to offering services to low-income households. Rapid innovation in digital and other financial technologies is driving rapid change, and the financial sector, including regulators, need to be prepared for this. If handled well, these innovations can be a boon to financial inclusion.   Full text
The Future of Development: Financial Inclusion for Young Entrepreneurs
New York City We need the dynamism of young people to achieve the 2030 Sustainable Development Goals, the Special Advocate said at an UN General Assembly side event on youth and entrepreneurship. It is vital that young entrepreneurs be given the support and tools they need to make an impact, through the provision of well designed financial tools as well as financial education. Governments and the private sector have an important challenge to bring young people into the formal financial sector, but the impact on long-term development will be transformative.   Full text
Financial Inclusion as a Tool to Build Resilience and Address Climate Change
New York City   Climate change has the greatest effect on the poorest among us, noted the Special Advocate during a session on climate change at the UN's Sustainable Development Summit. It is our duty to provide them with the tools that will help them become more resilient, among them financial services. Access to financial services helps individuals and small businesses better cope with the unforeseen shocks such as floods and drought. Smallholder farmers in particular warrant close attention, she noted.   Full text
Sustaining and Strengthening the Private Sector’s Role in Financial Inclusion
Antalya, Turkey In a video address to the Global Partnership for Financial Inclusion, the Special Advocate noted growing support for and progress on financial inclusion, which will lay vital groundwork for the new Sustainable Development Goals, to be adopted shortly at the UN. However the process of making financial inclusion a reality remains complex, and the involvement of the private sector is vital for success. She emphasized that women and small businesses in particular warrant greater attention, and she praised the Turkish G20 presidency for its focus on private-sector engagement.   Full text
The Development Impact of Remittances: Building Hope and Opportunities for Migrant Families
Milan   Delivering the keynote address at the first International Day of Family Remittances, the Special Advocate said that societies must make sure that migrants can make the most of their hard-earned money—with the aim of strengthening family stability and the economies of both host and home countries. The urgent goal of maximizing the development impact of remittances will require reducing the sometimes crippling costs of transmitting funds, and making basic, affordable financial services available so that families can stabilizing their lives and pull themselves out of poverty.     Full text
At the Forefront of Sustainable Development: Investing in People
Berlin, Germany Speaking at the 40th anniversary celebration of Oikocredit International, the Special Advocate highlighted the organization's ethical business model, which places customers at the center of their own development. She urged Oiko to keep up its influential work with low-income communities, smallholder farmers, and women--all groups that are often left out of development efforts. Full text
Harnessing Financial Education to Spur Entrepreneurship and Innovation
Paris, France The importance of small businesses can hardly be overstated, but improving the financial literacy of business owners is vital, the Special Advocate emphasized in a speech to an OECD/GFLEC symposium on financial literacy. Improving the skills of small business owners can unlock jobs and growth, and play a central role in sustainable, inclusive development.   Full text
Leaping Far Ahead: Unleashing Myanmar's Potential Through Financial Inclusion
Yangon, Myanmar Myanmar is a country of enormous potential waiting to be unleashed, the Special Advocate told students at the University of Yangon, and financial inclusion will be central to its progress. But for financial services to improve livesthey will need to be tailored to the local needs and provided responsibly, a goal that will be supported by Myanmar’s new financial inclusion road map. Thanks to the rapid expansion of mobile phone services and other digital technologies, the country has an exciting chance to leap far ahead with financial inclusion—progress that will take leadership, cooperation, and planning among a wide range of  public and private sector actors. Full text