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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