Making financial services meet the needs of the world’s most vulnerable
People living in poverty constantly juggle an evolving set of risks and crises in their daily lives. Climate change, the pandemic, and the ongoing food crisis, among others, have increased these risks substantially, contributing to a rise in global poverty and inequality. Meanwhile, a third of the world’s adult population lacks the financial services they could use to significantly improve their lives. CGAP is working to change this, and we believe that positive trends in inclusive finance offer hope for a green, resilient, and inclusive future.
The 2022 CGAP Funder Survey looks at the latest trends in international funding for financial inclusion. Understanding the funding landscape can support better funding decisions and coordination, and ultimately lead to better outcomes for underserved people and communities worldwide.
The third in our three-part blog series with Decodis and MSC discusses our finding that different climate events, and different phases of those events, drive different needs for financial services.
Gender-disaggregated data is the cornerstone for designing strategies and interventions that not only help increase women’s use of financial services to be more resilient and prosperous but also empower them to be stronger market players.