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Shifting from Financial Inclusion to Financial Health: Strategic Focus Areas for Providers and Other Stakeholders
In the past decade, 1.2 billion people around the world have obtained a financial account. But according to Nishant Kumar and Sonal Agrawal at Lakshya, this growing financial inclusion isn't leading to similar gains in financial health – and addressing this challenge will require stakeholders to boost engagement on the demand side rather than just maximizing supply-side efficiency. They propose three key strategic focus areas for improving global financial health, and explore how they differ from the approaches taken to boost financial inclusion.
- Categories
- Finance
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UN Report: Climate Commitments Must Redouble To Meet Paris Agreement
Nations must redouble planned climate targets if the world is to meet the minimal threshold of the Paris Agreement, according to a new UN report warning that while emissions are being reduced, the pace of progress is falling behind required rates.
- Categories
- Environment
- Region
- Global
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Harry & Meghan Join Socially Conscious ESG Investing Craze
Prince Harry and Meghan are joining the hottest investment trend in recent years – ESG – a form of investing that promises positive returns for people and the planet, but which is facing growing charges of ‘greenwashing’.
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- Investing
- Region
- Global
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Analysis: The Thorny Truth About Socially Responsible Investing
It’s easier than ever to invest ethically — or, at least, to be told by marketers you are. Whether you’re actually doing it is harder to figure out.
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- Investing
- Region
- Global
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The Time is Now: How to Build an Inclusive Financial System For All
As global finance leaders gather for this year’s World Bank and IMF meetings, they're meeting against a backdrop of existential crises, from the COVID-19 pandemic to climate change and widening inequalities. Dan Barker at Mastercard's Center for Inclusive Growth and Mackenzie Wallace at the Aspen Institute’s Financial Security Program explore why these crises raise the need – and the opportunity – to build an inclusive financial system for all. They share four principles to guide this process, and discuss the crucial roles policymakers, financial services providers, academia, community groups and NGOs can play.
- Categories
- Finance
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Mastercard Launches Strive: a Global Small Business Initiative to Accelerate Economic Recovery
This program builds on lessons learned and a body of work developed as part of Mastercard’s long-term focus on financial inclusion”
- Categories
- Coronavirus, Finance
- Region
- Global
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Analysis: Seaweed Farming Offers a Boost for Sri Lanka’s ‘Blue Economy’ Ambitions
Seaweed farming is an increasingly important part of the global food system and provides a range of benefits, including sustainable coastal livelihoods and economic diversification, food production, export revenue, climate change mitigation and adaptation, pollution control, and organic fertilizer.
- Categories
- Environment
- Region
- South Asia
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Asian Development Bank and BlueOrchard Sign a $50 Million Risk-Sharing Agreement to Bolster Microfinance
ADB's flagship fund, BlueOrchard Microfinance Fund, will invest in selected microfinance institutions (MFIs) and banks.
- Region
- Global