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2021 MAYA DECLARATION PROGRESS REPORT A DECADE-LONG JOURNEY
THE MAYA DECLARATION: A TRIP DOWN MEMORY LANE
THE MAYA DECLARATION IN HISTORY In September 2011, the historical city of Riviera Maya in Mexico witnessed AFI member institutions from 17 countries publicly declaring their commitment to providing formal financial services to 2.5 billion people excluded from banking at the annual Global Policy Forum. AFI members, who represented over 85% of the global financially excluded population, recognized the need for a concerted effort to address this challenge. This led to envisioning a global platform of commitments: the Maya Declaration. The Maya Declaration is the first global and measurable set of commitments made by developing countries to increase financial inclusion.
A DECADE OF VICTORIOUS REPORTING
69
In 2012, the first Maya Declaration Progress Report reported that 25 AFI Member Institutions had made 69 targets in various key policy areas.
885
A decade later, the 73 countries with institutional commitments are represented by 82 institutions that have collectively made 885 targets registered into the AFI Data Portal (ADP).1 This is a public database of financial inclusion policies, targets, regulations and outcomes powered by policymakers and regulators.
1 The ADP is a unique and integrated global database of financial inclusion policies, regulations and outcomes, built for the benefit of policymakers. Housing information sourced directly from policymakers and regulators, ADP empowers countries to share their financial inclusion stories, share knowledge and experience and report their target progress to create a unique peer learning platform among the AFI members.
