Report | Nov 19, 2015
G20 Leaders agreed in 2014 on the clear need to enable more women to participate in the global economy. Specifically, the 2014 G20 Leaders’ Communique established the goal of “reducing the gap in participation rates between men and women in our countries by 25 percent by 2025, taking into account national circumstances, to bring more than 100 million women into the labor force, significantly increasing global growth and reducing poverty and inequality.” Digital financial services are instrumental to achieving this goal, because they increase women’s financial autonomy, support women’s participation in the labor force, and improve the performance of their businesses. Digital financial services also advance the third G20 Principle for Innovative Financial Inclusion, which advocates the use of technological and institutional innovations to expand access to financial services. Principles like this are crucial to boosting economic participation for more than 2 billion people worldwide who currently lack access to formal financial services. Most of whom are women.
Report | Nov 19, 2015
The GPFI Private Sector Engagement Strategy aims to advance and showcase the right type of dialogue at the global level. The Strategy seeks to maximize the positive contribution of the private sector to advance financial inclusion. This document is included in the annex of the G20 Leaders' Communiqué, endorsed by G20 Leaders after meeting in Antalya, Turkey on 15-16 November 2015.
Report | Nov 19, 2015
Small and medium-sized enterprises (SMEs) play a crucial role for employment, job creation, investment, innovation and economic growth around the world. They account for about 90% of businesses and more than 50% of employment worldwide, and are therefore crucial for the recovery of the world’s economy. Considering this important role, it is critical to ensure that viable SMEs around the world have access to the credit they need to expand. This G20 Action Plan on SME Financing, endorsed by the G20 Leaders in November 2015 in Antalya, outlines actions on financial market infrastructure reform in G20 countries and on a continued knowledge agenda.
GPFI White Paper (Consultation Document): Global Standard-Setting Bodies and Financial Inclusion - the Evolving Landscape
White paper | Nov 17, 2015
Since the publication of the first Global Partnership for Financial Inclusion (GPFI) White Paper in 2011, Global Standard-Setting Bodies and Financial Inclusion for the Poor – Toward Proportionate Standards and Guidance, global standard-setting bodies (SSBs) have taken fundamental steps on financial inclusion, acting on most of the observations and recommendations in the first edition. This second edition of the White Paper, Global Standard-Setting Bodies and Financial Inclusion: The Evolving Landscape, takes into account the considerable evolution of the financial inclusion landscape since 2011, concluding with observations and recommendations for further action. The White Paper aims to raise awareness of the changing landscape, to inform ongoing work by the SSBs and other global bodies, and to integrate financial inclusion objectives into standards and guidance that can be applied effectively at the country level. It takes into consideration the important role that digitization of financial services plays in reaching financially excluded and underserved customers, and the implications of this development for the SSBs.
| Nov 16, 2015
The Global Partnership for Financial Inclusion (GPFI) invites public comments on the GPFI White Paper, Global Standard-Setting Bodies and Financial Inclusion: The Evolving Landscape, released at the end of the G20 Summit in Antalya as a Consultation Document. Comments on the Consultation Document may be submitted until 15h00 GMT 29 January 2016 to Ms. Myra Valenzuela at [email protected], using the attached comment template. Please note that public comments will not be accepted if received after the deadline or in another format. Following the consultation period, the final version of the White Paper will be prepared for publication in March 2016, under the Chinese G20 Presidency.
Report | Nov 16, 2015
The Leaders of the G20 agreed to the attached G20 Leaders' Communiqué after meeting in Antalya, Turkey on 15-16 November 2015. In the document, Leaders welcome the continued work on financial inclusion of the Global Partnership for Financial Inclusion (GPFI).
| Nov 13, 2015
The Global SME Finance Forum 2015 is proud and honored to welcome the presence of Her Majesty Queen Máxima of the Netherlands and His Excellency Cevdet Yılmaz, Deputy Prime Minister, Republic of Turkey.
| Nov 13, 2015
This inaugural Global SME Finance Forum focuses on partnerships as critical component to accelerating the growth of SMEs, especially in emerging markets. Please see attached agenda for more.
Report | Oct 15, 2015
The main target audience of this evaluation report on the G20 SME Finance Challenge is the G20 countries, donors interested in SME finance and the institutions engaged in the Global Partnership for Financial Inclusion (GPFI). The report seeks to help make informed decisions about whether and how similar challenge programs should be created and executed in the future.
| Sep 11, 2015
The GPFI Forum and Plenary is scheduled to be held 11-12 September, 2015, in Antalya, Turkey. Day one will be an open forum for G20 and non-G20 countries, GPFI implementing partners and other stakeholders. The focus of the Forum will be on private sector engagement. The Plenary meeting, for GPFI members and implementing partners only, will take place the second day. The group will discuss the work of the GPFI Subgroups and propose priorities for the GPFI in 2016.