CGAP FY 2020 Annual Report

Report Cover

Our world is changing on multiple fronts. Poverty is deepening in developing countries as COVID-19-related economic lockdowns and social distancing severely limit the ability of many poor people to work and earn a decent living. CGAP was already in a period of transition in strategic thinking before the pandemic hit. Over the past year, CGAP has been adapting its work program to respond to both the evolution in our strategic thinking and the fast-changing world. By embracing change and playing to our strengths, CGAP has not only been at the forefront of how to mitigate the negative impact of recent developments, we also are exploring what opportunities lie ahead in building more resilient economies for the benefit of poor people.

The FY20 annual report covers the period from July 1, 2019 - June 30, 2020 and provides further details on these three areas and highlights some work that CGAP is engaged in.