An Important Step towards Finalizing the G20 Roadmap
Over 90 participants from 28 countries came to The Hague on September 10-11 to discuss common challenges and potential solutions to financially include FDPs. A zero draft of the G20 Roadmap on ‘Sustainable and Responsible Financial Inclusion’ served as a basis for these discussions between financial regulators, supervisors and policymakers from G20 and non-G20 countries, humanitarian and development agencies, private sector partners, and academics.
Consensus was reached as to ‘why’ financial inclusion is important in humanitarian contexts and for FDPs in particular. The next and even bigger question on ‘how’ this should be achieved was at the heart of the intense two-day debate. Inspired by a keynote by H.E. Sigrid Kaag, Minister for Foreign Trade and Development Cooperation of The Netherlands, and by the presence of Her Majesty Queen Máxima of The Netherlands, the workshop helped to consolidate views from different sectoral actors and to identify and prioritize ways to address the issue of financial inclusion of FDPs.
The Workshop was hosted by the Ministry of Treasury of Argentina and the Ministry of Foreign Affairs of the Netherlandsand organized in partnership with the German Federal Ministry for Economic Cooperation and Development (BMZ) and the Consultative Group to Assist the Poor (CGAP).