Report | Aug 17, 2016
G20 leaders agreed at the Cannes Summit in 2011 to the GPFI recommendation to support global and national financial inclusion data efforts and subsequently endorsed the G20 Basic Set of financial inclusion indicators at the G20 Los Cabos Summit in 2012, born out of the work of the GPFI.
As committed at the time of the endorsement of the Basic Set, and in support of the key focus area of financial literacy under the Russian G20 Presidency, the GPFI expanded the indicators to cover the quality of financial service provisioning and consumption. With the support of China's G20 Presidency, the GPFI later revised the indicators to reflect the proliferation of digital financial services, including payments made through accounts, the internet, and mobile phones.
The updated G20 Financial
Report | Sep 16, 2016
The G20 stands at an unprecedented time when our leadership has the potential to drive the growth of inclusive economies by promoting digital financial services. Two billion adults globally do not have access to formal financial services and are excluded from opportunities to improve their lives. While tremendous gains in financial inclusion have already been achieved, digital financial services, together with effective supervision (which may be digitally enabled), are essential to close the remaining gaps in financial inclusion.
Digital technologies offer affordable ways for the financially excluded—the majority of whom are women—to save for school, make a payment, get a small business loan, send a remittance, or buy insurance.
The 2010 G20 Principles for Innovative Financial
| Apr 20, 2017
This is the 2016 Work Plan for the GPFI SME Finance Subgroup.Consistent with the theme of China’s G20 Presidency in 2016, “Towards the Innovative, Invigorated, Interconnected and Inclusive World Economy”, the GPFI SME Finance Subgroup will work on the implementation of the G20 Financial Inclusion Action Plan with particular focuses on the following Chinese Presidency Priorities in 2016:1. Digital Financial Inclusion: Innovation, Regulation and Supervision;2. Data and Indicators;3. Reaching the Last Mile: Rural Areas, the Poor, the Youth and the Elderly; 4. Financial Consumer Protection and Financial Literacy;5. SME Finance: Diversified Financing Channels.The Subgroup will also continue to work on its continued working agenda under the former Presidencies’ specifically on the following
| Apr 19, 2017
This is the 2016 Work Plan of the GPFI Regulation and Standard-Setting Bodies (SSBs) Subgroup.The 2016 Work Plan of the GPFI Regulation and SSBs Subgroup is organized around the Objectives (Activities) and Sub-objectives included in the Subgroup’s May 2014 Terms of Reference (see Appendix 1). It takes into consideration also the expected results under the GPFI Financial Inclusion Action Plan (FIAP) (see Appendix 2) and the related indicators in the results framework included in the Subgroup’s Terms of Reference (see Appendix 3). In addition, reference is made throughout to the numbered Recommendations from Part VI of second edition of the GPFI White Paper Global Standard-Setting Bodes and Financial Inclusion – The Evolving Landscape, released as a Consultation Document in November 2015 and
| Apr 20, 2017
This is the 2016 Work Plan for the GPFI Markets and Payment Systems Subgroup.The overall goal of the Subgroup is to advance utilisation of payment systems including remittances in the pursuit of increased and sustainable financial inclusion. The Subgroup will focus on emerging technologies and business models and 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 in 2014 “targeted actions to harness emerging mechanisms such as electronic payments and mobile technology that can significantly improve access”.
| Apr 20, 2017
This is the 2016 Work Plan for the GPFI Financial Consumer Protection and Financial Literacy Subgroup.The objective of the FCPFL Subgroup for the next five years is to build the capacity of developing and emerging economies to implement audience-appropriate, evidence-based financial consumer protection and financial literacy programs. Additionally, the Subgroup will identify best practices, emanating from the public, private, and NGO sectors, in consumer protection and financial education policies that support use of digital financial products and services. The Subgroup will continue its efforts, consistent with the G20’s 2013 St. Petersburg Development Outlook, to increase incentives, financial education, financial literacy, and consumer protection for the poor, with emphasis on
Report | Sep 1, 2016
The Global Partnership for Financial Inclusion 2016 Work Plan presents the key outcomes for the GPFI during 2016. Consistent with the theme of China’s G20 Presidency in 2016, “Towards the Innovative, Invigorated, Interconnected and Inclusive World Economy,” the GPFI will continue to work on former Presidencies’ agenda items and support the implementation of the FIAP with particular focuses on:Digital Financial Inclusion: Innovation, Regulation and Supervision;Data and Indicators;Reaching the Last Mile: Rural Areas, the Poor, the Youth and the Elderly;Financial Consumer Protection and Financial Literacy;SME Finance: Diversified Financing Channels.It includes a timeline of GPFI events as well. The GPFI organizes its work through four Subgroups. You can find their individual Work Plans below
Report | Sep 1, 2016
This document outlines Global Partnership for Financial Inclusion (GPFI) priorities during China’s G20 Presidency for 2016. Consistent with the theme of China’s G20 Presidency in 2016, “Towards the Innovative, Invigorated, Interconnected and Inclusive World Economy”, the GPFI will continue to work on former Presidencies’ agenda items and support the implementation of the G20 Financial Inclusion Action Plan with particular focuses on: Digital Financial Inclusion: Innovation, Supervision and Regulation;Data and Indicators;Reaching the Last Mile: Rural Areas, the Poor, the Youth and the Elderly;Financial Consumer Protection and Financial Literacy;SME Finance: Diversified Financing Channels.
Report | Nov 24, 2015
This report summarizes GPFI activities throughout the end of 2014 and nine months of 2015, presents the main achievements under the Turkish Presidency and describes the outlook for the rest of 2015 and into the start of the Chinese Presidency.
Report | Nov 19, 2015
The report, Inclusive Growth and Development: 2015 Antalya Development Roadmap, highlights the work of the G20 Development Working Group (DWG) in 2015 and looks ahead to 2016.In 2015, the DWG and the Global Partnership for Financial Inclusion (GPFI) collaborated with the Investment and Infrastructure Working Group (IIWG) on the G20 Joint Action Plan on SME Financing. The new GPFI private sector engagement strategy and the SME Finance Forum, which will evolve into a global membership body for private and public financial institutions, will be central instruments for the private sector engagement, the report says.In addition, the GPFI worked on uncovering innovative ways to finance the agricultural sector in developing countries, in order to mainstream food security in financial inclusion,
