Commitment to Action

Financial Inclusion 2020: Roadmap to Financial Inclusion

Commitment by

Accion International

In 2013, The Center for Financial Inclusion at Accion International committed to launching Financial Inclusion 2020, a global, multi-sector effort that seeks to answer the question: what does the world have to do to achieve full financial inclusion by the year 2020? To begin to address that question, Accion is leading a consultative process with a wide range of players including donors, banks, foundations, telecommunications companies, regulators, and others, to develop a Roadmap to overcoming obstacles to financial inclusion. The Roadmap addresses five crucial areas for financial inclusion: Customer Needs, Technology, Client Protection, Credit Reporting, and Financial Capability. Accion and its partners will then disseminate action plans for financial inclusion out of these working groups, and work with interested parties to take up the recommendations to achieve full financial inclusion by 2020.

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Overview
Summary

Commitment

Financial Inclusion 2020: Roadmap to Financial Inclusion

Launched

2013

Est. Duration

1 year

Estimated Total Value

$500,000

Region

Northern America

Countries

Global

Commitment by

Accion International

Partner(s) of the Commitment Maker(s)

Citi Foundation, Deutsche Bank Americas, Microinsurance Network, Omidyar Network, The Smart Campaign, Leapfrog Investments Ltd, Mastercard Worldwide, Visa Inc., Cherie Blair Foundation For Women, CARE, HelpAge International, Bill & Melinda Gates Foundation, Moody's Corporation, Microcredit Summit Campaign, SEEP Network, The Western Union Company, Consultative Group to Assist the Poor, Making Cents International, MetLife, Inc., Consumers International