| Apr 13, 2018
The Subgroup focuses on two action areas under the 2017 Financial Inclusion Action Plan (2017 FIAP) (detailed below): (1) mainstreaming financial inclusion in the work of SSBs and other relevant global bodies; and (2) encouragement of effective and consistent incorporation of financial inclusion in financial sector assessments.
| Apr 13, 2018
The SME Finance Subgroup focuses on improving SMEs access to finance both in G20 and non-G20 countries, including low-income developing countries. The Subgroup will continue to work in close collaboration with other GPFI Subgroups as well as the Temporary Steering Committee on Financial Inclusion for Forcibly Displaced Persons, and with other G20 groups, Implementing Partners and with non-G20 countries and the private sector, as appropriate. Further, the SME Finance Subgroup will continue to work on activities that have been started in 2017 and will start to work on the implementation of the updated 2017 G20 Financial Inclusion Action Plan.
| Apr 13, 2018
The Markets and Payment Systems Subgroup was formed in 2014 to work towards the achievement of G20 commitments on remittances, and inclusive digital payment systems. The Subgroup seeks to advance the utilization of inclusive payment systems, including remittances, in the pursuit of increased, responsible and sustainable financial inclusion. Over the coming years the Subgroup will focus its efforts on the continued implementation of the High Level Principles for Digital Financial Inclusion, supporting the G20’s commitment to the 2030 Agenda, including its target on remittances and focusing attention on improving the environment for remittances.
Report | Apr 12, 2018
The overall goal of the Subgroup is to advance utilization of payment systems, including remittances, in the pursuit of increased, responsible and sustainable financial inclusion. The Subgroup also promotes inclusive digital payment ecosystems, and focuses on emerging technologies and business models that will incorporate strong links to market based approaches through engagement with financial service providers. The Subgroup responds to the call in the G20’s St. Petersburg Development Outlook for the GPFI to explore “targeted actions to... harness emerging mechanisms such as electronic payments and mobile technology that can significantly improve access”. For the year ahead, the Subgroup will work on Action Areas 7, 8, and 9 as defined in the 2017 G20 Financial Inclusion Action Plan.
Report | Jan 3, 2018
Argentina's GPFI 2018 Priorities Paper highlights the role that digitization can play as a key ingredient in the financial inclusion of the underserved population, particularly those affected by informality.
Report | Nov 30, 2017
This update of the G20 National Remittance Plans encompasses the 2017 update of the GPFI Financial Inclusion Action Plan (FIAP), and includes key G20 commitments of recent years.
Report | Nov 28, 2017
This Policy Paper describes the potential of financial inclusion allowing Forcibly Displaced Persons (FDPs) to live up their economic potential and thereby contribute to host societies. It summarizes common challenges related to the financial inclusion of the vulnerable and very heterogeneous target group of FDPs in different contexts and stages of displacement, and calls on all stakeholders to engage in the implementation of the identified priority action areas toward enabling their financial inclusion.
Report | Nov 9, 2017
This report lays out three priorities for action that could accelerate financial inclusion: ensuring development impact, promoting supportive policies for digital financial inclusion, and reaching neglected populations such as farmers, women, and small businesspeople.
| Oct 20, 2017
This report demonstrates how governments, financial institutions and businesses can work together to support financing models that encourage SMEs to upgrade their production processes to comply with sustainability standards in global value chains.
| Aug 17, 2017
Hosted by the German G20 Presidency, the GPFI Forum was held in Berlin in May 2016, paving the way to the G20 July Summit. This event provided a space for exchange and dialogue and attracted around 270 participants from more than 60 countries.