The current fully-fledged Regional Initiatives are, African Financial Inclusion Policy Initiative (AfPI), Financial Inclusion in the Latin America and the
AFI has seven Working Groups based on key thematic areas for financial inclusion, which include Consumer Empowerment and Market Conduct (CEMC), Financial Inclusion Data (FID), Digital Financial Services (DFS), Financial Inclusion Strategy (FIS), Global Standards and Proportionality (GSP), Inclusive Green Finance (IGF) and SME Finance (SMEF).
These groups were incepted sporadically between 2010 and 2019. The Working Groups represent network leadership that provides innovation and regulatory guidance to the AFI network. Crosscutting themes such as FinTech, Gender and Forcibly Displaced Persons, target niche policy areas and are present through the thematic Working Groups. This report will highlight each Working Groups’ publications, key focus areas, and AFI members who are leading the charge in global financial inclusion advocacy.
To address the challenges of financial inclusion at the national and regional levels, beginning 2013, AFI created Regional Initiatives to advance the engagement and peer-learning within and across regions. The Regional Initiatives ensure the policy developed at the Working Groups is carried out and implemented with constant monitoring that support the financial inclusion efforts in emerging fields and regions.
AFI’s Working Groups are the epicenter of knowledge development and generation of policy trends for financial inclusion. They serve AFI members as a community that actively promotes knowledge-sharing and peer-learning. ion
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WORKING GROUPS AND REGIONAL INITIATIVES REPORT 2020
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EXECUTIVE SUMMARY
Caribbean (FILAC), Eastern Europe and Central Asia Policy Initiative (ECAPI), Financial Inclusion in the Arab Region Initiative (FIARI) and the Pacific Islands Regional Initiative (PIRI). This report will enlist policy papers developed specifically by and for each of these regions and highlight policy experts in those geographies.
A list of publications is listed at the end of Working Groups and Regional Initiatives sections respectively, a total 27 knowledge products published. This report also features key measures and policy guidance to maneuver around the economic blows of COVID-19, incountry implementation support, and feedback from AFI Members.
Amongst the special projects undertaken in 2020 is the Knowledge Exchange Program 2, co-hosted with the Bank of Thailand. Additionally, FIARI held a workshop on National Financial Inclusion Strategies, held and championed by our three partners: Arab Monetary Fund, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), and World Bank.
We recognize that these achievements would not see the light of day without the active contribution of our 100 members from central banks and other financial regulatory institutions across the globe, our knowledge partners from the private sector, and the financial support from our funding partners. It is with your constant commitment and contributions that we can continue the work towards informed policy development to reduce the globally unbanked.
