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Sustainable development<br />

KEY TAKEAWAYS<br />

The Sustainable Development<br />

Goals are a bold, unified statement<br />

Investment is needed in a proven<br />

platform that captures our experience<br />

Alfred<br />

Hannig<br />

Executive Director<br />

Alliance for<br />

Financial Inclusion<br />

Alfred Hannig is the Executive<br />

Director of the Alliance for<br />

Financial Inclusion (AFI), a<br />

global network of policymakers<br />

and regulators from more than<br />

90 countries. AFI members are<br />

dedicated to providing the world’s<br />

two billion unbanked safe access<br />

to the formal financial system<br />

through smart policy initiatives.<br />

Achieving goals with<br />

financial inclusion<br />

Alleviating poverty and providing financial services for the<br />

unbanked population requires new deals that cut across<br />

sectors and traditional divides, writes Alfred Hannig<br />

@NewsAFI<br />

www.afi-global.org<br />

The United Nations Sustainable<br />

Development Goals (SDGs)<br />

were unveiled to the world in<br />

2015, setting the stage for the<br />

global development agenda<br />

for the next 15 years. As we navigate the<br />

SDG road map laid out in the Addis Ababa<br />

Action Agenda, it is easy to see how the<br />

development lessons of the last decade<br />

are being applied. One lesson is that<br />

financial inclusion is one of the fastest,<br />

most effective routes to alleviate poverty<br />

and provide safe and sustainable financial<br />

services for the unbanked.<br />

Through the SDGs and the Action<br />

Agenda, the international community has<br />

made a bold and unified statement on<br />

the importance of financial inclusion to<br />

inclusive and sustainable development.<br />

The agenda includes a dedicated financial<br />

inclusion initiative, a welcome sign of highlevel<br />

understanding that connects financial<br />

inclusion to economic stability, social<br />

inclusion, green finance, gender equality,<br />

sustainability, health, education and much<br />

more. This perception of financial inclusion<br />

has been evolving for some time, moving<br />

slowly but steadily from the sidelines of<br />

global debate into mainstream economic<br />

and social policy agendas.<br />

But recognition alone is not enough to<br />

confront the monumental task of bringing<br />

financial services to the world’s two billion<br />

unbanked. Investment is needed in a proven<br />

platform that captures our collective global<br />

experience and enables every country to tap<br />

158 <strong>G20</strong> China: The Hangzhou Summit • September 2016 G7<strong>G20</strong>.com

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