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This report takes stock of the work of the G20 GPFI under the 2014 G20 Financial Inclusion Action Plan (FIAP). The 2014 FIAP contains 10 action areas and a results framework, which defines a set of five cross-cutting issues that are relevant for the work of the GPFI as such and all Subgroups. The 2014 FIAP was put into practice mainly by the four Subgroups of the GPFI and their Implementing Partners. The GPFI produced numerous outputs since 20141. Several of those had and continue to have a direct effect on the implementation of (inter)national policies and regulations, as well as private sector activities that facilitate financial inclusion.
Further, the GPFI has responded to additional financial inclusion commitments made by the Leaders since the adoption of the FIAP through its work. Most commitments relate to digitization, remittances and SME finance. The GPFI responded to G20 commitments in the area of digitization through the G20 High-Level Principles for Digital Financial Inclusion and the update of the Financial Inclusion Indicators, among other activities.
