This is the 2015 Work Plan for the GPFI Market and Payment Systems Subgroup. The overall goal of the Subgroup is to advance utilization of payment systems, including remittances, in the pursuit of increased and sustainable financial inclusion.
The Global Partnership for Financial Inclusion 2015 Work Plan presents the key outcomes for the GPFI during 2015. It includes a timeline of GPFI events as well. The GPFI organizes its work through four Subgroups. You can find their individual Work Plans below:
Regulation and Standard Setting Bodies (SSBs) Subgroup
SME Finance Subgroup
Financial Consumer Protection and Financial Literacy Subgroup
Market and Payment Systems Subgroup
This is the 2015 Work Plan for the GPFI Financial Consumer Protection and Financial Literacy Subgroup. The Subgroup takes forward G20 Leaders commitments on financial literacy and financial consumer protection. It supports and complements work of the existing Subgroups on activities specifically related to consumer protection and financial literacy in their work programs. It also takes steps to reinforce integration of perspectives and experience from developing countries into global discussions and guidance on financial consumer protection and financial literacy.
This is the 2015 Work Plan for the GPFI SME Finance Subgroup. The Subgroup focuses on identifying, scaling up, and improving the policy environment for successful models of SME financing, funding the winners of the SME Finance Challenge and launching an SME Finance Forum, a platform for knowledge sharing and dissemination of best practices. The Subgroup devotes special attention to three focal areas: improving SME access to finance in the poorest countries, improving access to finance for agricultural SMEs, and promoting access to finance for women entrepreneurs.
This is the Work Plan for the Subgroup on Regulation and Standard-Setting Bodies (SSBs). This GPFI Subgroup supports the implementation and promotion of the G20 Principles for Innovative Financial Inclusion into practice through providing information on the Principles and supporting various implementation activities.
This annual report provides a glimpse of the progress made by the SME Finance Forum in 2014. The G20 created the SME Finance Forum in 2012 to accelerate financing for small and medium enterprises (SMEs). Since its inception, the SME Finance Forum has worked in three main areas: knowledge-sharing, convening, and policy change.
The G20 Financial Inclusion Action Plan (FIAP) Progress Report 2010-2014 takes stock of achievements and the progress of the GPFI over the past five years in meeting the original objectives of the FIAP and additional commitments made by G20 Leaders since 2010. It also provides a full list of documents produced by the GPFI.
This document highlights the priorities of Turkey’s G20 Presidency on financial inclusion and remittances for 2015. The focus is on implementing the Financial Inclusion Action Plan approved by G20 leaders at the Brisbane Summit in 2014. The Priorities Paper also includes several key events for the GPFI in the coming year. Read the full paper for more.
The Group of Twenty (G20) recognizes the value of remittance flows in helping to drive strong, sustainable and balanced growth. In September 2014, G20 leaders agreed to a plan to facilitate remittance flows including: working to reduce the global average cost of transferring remittances to five percent; supporting country-led actions to address the cost, and improve the availability of remittance services, particularly for poor people; and using remittance flows to drive financial inclusion and development.
G20 leaders endorsed the original Financial Inclusion Action Plan (FIAP) at the Seoul Summit in 2010. This is an updated version of that plan. The latest FIAP reviews the progress of the Global Partnership for Financial Inclusion (GPFI) in implementing the original action plan, as well as revises some ongoing actions and adopts new actions. It also sets out how the GPFI will track and monitor progress against these actions in the future.