Progress in Responsible Financial Inclusion : Global Mapping Report and Selected Case Studies
This report aims to stimulate discussion on the ongoing industry debate, challenges and the growing benefits of financial sector stakeholders working together to serve clients responsibly. It updates global responsible finance initiatives and build...
Main Authors: | , , |
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Format: | Working Paper |
Language: | English en_US |
Published: |
International Finance Corporation, Washington, DC
2015
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2013/01/24162676/progress-responsible-financial-inclusion-global-mapping-report-selected-case-studies http://hdl.handle.net/10986/21729 |
Summary: | This report aims to stimulate discussion
on the ongoing industry debate, challenges and the growing
benefits of financial sector stakeholders working together
to serve clients responsibly. It updates global responsible
finance initiatives and builds on previous stocktaking
reports to take a deeper look at implementation of
responsible finance principles across the three pillars,
highlighting emerging trends in consumer protection
regulation, financial institutions self-regulation, and
client financial education. This report is based on the
global mapping methodology and reflects responses received
from a survey of the community of practice. A list of
respondents in the survey can be found in the beginning of
the report. Survey participants were asked to describe their
responsible finance initiatives, and nominate innovative
cases across the three pillars that could be featured in the
report. Case studies were selected from the responses to the
global mapping survey.The criteria for case selection for
this report included: (1) initial implementation results;
(2) emerging evidence and lessons learned; (3) potential for
scale and replicability; and (4) a balance of initiatives
across the three pillars. Case study contributors were
interviewed to provide insights, challenges, and key lessons
learned. The report also includes case studies from the
global mapping and other sources that illustrate topics
discussed. The global mapping exercise showed several
encouraging trends across the three pillars of responsible
finance that respond to challenges identified during
Responsible Finance Forum III. |
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