Report | Nov 19, 2013
In line with our corporate priorities on the need to devote special attention to the issue of women entrepreneurship, IFC produced a report focusing on the issues impeding access to finance as well as non-financial barriers for women entrepreneurs, highlighting key trends and challenges, and scrutinizing opportunities for increased access. Scalable approaches to increase access to finance for women entrepreneurs in developing countries were identified, and policy recommendations on empowering women entrepreneurs to pursue economic opportunities, invest additional capital, and hire more employees were provided.
Report | Nov 19, 2013
Refining the recommendations made in the 2010 stocktaking report, IFC developed a comprehensive SME Finance Policy Guide intended as a reference point for governments and regulators to underpin the development of Financial Inclusion Strategies and SME Finance Action Plans. The guide aims at covering all the focal areas of the Subgroup (women-owned SMEs, SMEs in the agricultural sector, SMEs in LDCs); fed by a wide consultation process, it set out models and presented good practice for policy and legal reforms, financial infrastructure, and public interventions, thereby providing a roadmap for planning, assessing and implementing policy and legal measures to support SME access to finance and laying the groundwork for future country level engagement.
Report | Nov 19, 2013
The development of SME Finance in the agricultural sector was also identified as an important issue to bring forward food security and to reach the Millennium Development Goals. IFC conducted analytical work with the objective of identifying appropriate approaches to calculate or reduce the main risks and costs that inhibit access to financial services in the agricultural sector in developing countries. A stocktaking exercise was conducted on approximately 60 case studies and an outreach process was initiated, especially with African partner countries, supported by the Partnership “Making Finance Work for Africa”. This effort led to a report presenting several guidelines for policy and regulatory frameworks conducive to agricultural finance.
Report | Sep 1, 2016
To inform future strategies for increasing financial inclusion based on country experiences the G20’s Financial Inclusion Experts Group drafted a set of 9 “Principles for Innovative Financial Inclusion” in 2010 . These Principles were endorsed by the G20 at the Toronto Summit in May 2010, and underpinned the establishment of the GPFI by G20 Leaders at the Seoul Summit in November 2010 to take forward its commitments on financial inclusion with broad stakeholder participation. These Principles spell out what the G20 believes is the condensation of good practice in financial inclusion. They break up the complex notion of financial inclusion into distinct aspects so that governments, banks and other stakeholders may grasp more easily the range of entry points for policy. The document
Report | Nov 19, 2014
The G20 Principles for Innovative Financial Inclusion were developed in 2010 by the Access Through Innovation Subgroup (ATISG) of the G20 Financial Inclusion Experts Group (FIEG). Tasked with raising awareness and collecting further examples of the Principles in action, the Alliance for Financial Inclusion (AFI) has reprinted the G20 Principles in this executive brief, along with some examples of how developing country policymakers are bringing these Principles to life. The Principles were originally published in the Subgroup’s official report to the G20 and endorsed at the Toronto Summit in May 2010, and underpin the Financial Inclusion Action Plan endorsed at the Korea Summit in November 2010. The year-long FIEG process resulted in the establishment of the Global Partnership for
Report | Nov 19, 2013
The Stocktaking Report aims to provide the G20 Leaders with a summarized but comprehensive framework by which to understand the SME finance gap and its challenges. The first part of the report is conceptual and primarily consists of a review of the literature on SME Finance in the developing world; the second part of the report discusses the analysis of 164 cases of SME Finance interventions compiled through a collective effort involving G20 member countries, non-member countries, development finance institutions, and private sector players. Finally, the report highlights key recommendations that are proposed to the G20 Leaders in order to achieve significant and sustainable scale-up of SME access to financial services across the developing world.
Report | Nov 19, 2013
The report highlights key trends, challenges, and opportunities for accelerating progress in financial inclusion and proposes major high-level poliy recommendations for consideration by G20 policy makers to benefit a wider range of developing countries, including non-G20 member countries. It takes a closer look at microfinance industry to analyze successes, innovations and lessons learned, which are critical for broader discussion on financial inclusion.
