The note gives the rationale for financial inclusion target-setting, provides an overview of the main approaches to target-setting and sketches the global context in which target-setting is being discussed. The conclusion is reached that target-setting and monitoring should be undertaken at the national (country) level, with global aspirational goals being helpful to prioritise financial inclusion efforts. The note was accepted by the GPFI at the Plenary meeting in St. Petersburg and represents the view of the group on the most appropriate way in which to pursue this very important aspect of financial inclusion.
This report outlines recent research substantiating the contribution of the private sector and small and medium enterprises (SMEs) in particular for new job creation and investment. It also highlights availability and gaps in SME funding, including for specific subsectors such as women-owned firms and agri-enterprises. New findings and trends highlight the potential of collaborative platforms that have emerged from the G20/GPFI process to combine resources to improve SME access to finance. The report concludes with recommendations for priority issues and work areas for the G20 and the GPFI. The report was produced by the SME Finance Forum on behalf of the GPFI.
Documents from the G20 Summit in St. Petersburg mentioning the GPFI: the G20 Leaders Declaration, the St.Petersburg Development Outlook, and the St. Petersburg Accountability Report on G20 Development Commitments
This report summarizes GPFI activities throughout the end of 2012 and the eight months of 2013, presents the main achievements under the Russia’s Presidency and describes the outlook for the rest of 2013 and into the start of the Australian Presidency.
This inception report covers initial work of the SME Finance Forum since its launch in April 2012, and interim progress of the Global SME Finance Innovation Trust Fund, whose administration was taken over by the SME Finance Forum team in July 2012.
This Impact Assessment Framework discusses the importance of rigorous impact evaluation and provides an overview of the relevance, application, strengths, and limitations of impact evaluation techniques of various SME finance policies. The Framework covers experimental and non-experimental approaches that can be used to evaluate a broad context of SME policies and programs and provides examples of actual impact evaluations for each of the components of the SME Finance Policy Guide.
The report identifies innovations that can help bankers in developing countries to finance agricultural small and medium enterprises. The report highlights the most promising examples of innovative financing, risk mitigation and distribution models drawn from a stocktaking exercise of 100 global cases.
This Issues Paper was prepared for the first annual GPFI Conference on Standard-Setting Bodies and Financial Inclusion hosted by the Financial Stability Institute at the Bank for International Settlements in Basel on October 29, 2012. It discusses how financial regulators can optimize linkages between four distinct policy objectives: financial inclusion (I), financial stability (S), financial integrity (I) and financial consumer protection (P) (or, collectively, “I-SIP”).
This Issues Paper was prepared for the first annual GPFI Conference on Standard-Setting Bodies and Financial Inclusion hosted by the Financial Stability Institute at the Bank for International Settlements (BIS) in Basel on October 29, 2012. It discusses the application of the proportionality principle – the balancing of risks and benefits against costs of regulation and supervision – in the context of implementing standards and guidance of the global standard-setting bodies (SSBs) and the challenges of applying the proportionality principle in practice by countries pursuing a financial inclusion agenda.
This Issues Paper was prepared for the first annual GPFI Conference on Standard-Setting Bodies and Financial Inclusion hosted by the Financial Stability Institute at the Bank for International Settlements in Basel on October 29, 2012. Both the ramifications of standard-setting bodies’ (SSBs) standards and guidance for financial inclusion and the ramifications of financial inclusion for the work of the SSBs are explored in this Issues Paper. It outlines the state of the current engagement and recent activities on issues of financial inclusion taken by five global standard-setting bodies: the Basel Committee on Banking Supervision, the Committee on Payment and Settlement Systems, the Financial Action Task Force, the International Association of Deposit Insurers and the International Association of Insurance Supervisors. The SSBs have all recognized and in recent years paid increased attention to the importance of financial inclusion. For the SSBs, addressing the goal of full financial inclusion represents an adjustment in focus and requires a commensurate evolution in thinking. The SSBs are at different stages in this evolution.
The G20 Financial Inclusion Indicators support countries in achieving their financial inclusion goals by providing tools to measure three dimensions of financial inclusion: access to, use and quality of financial services.