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...

Full description

Bibliographic Details
Main Authors: International Finance Corporation, German Federal Ministry for Economic Cooperation and Development, Deutsche Gesellschaft für Internationale Zusammenarbeit
Format: Working Paper
Language:English
en_US
Published: International Finance Corporation, Washington, DC 2015
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
id okr-10986-21729
recordtype oai_dc
spelling okr-10986-217292021-04-23T14:04:04Z Progress in Responsible Financial Inclusion : Global Mapping Report and Selected Case Studies International Finance Corporation German Federal Ministry for Economic Cooperation and Development Deutsche Gesellschaft für Internationale Zusammenarbeit Consumer protection Financial regulation Financial education Financial literacy Microinsurance 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. 2015-04-13T18:45:27Z 2015-04-13T18:45:27Z 2013 Working Paper 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 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Working Paper Central Asia Eastern Europe Europe and Central Asia Bosnia and Herzegovina China Ghana India Indonesia Pakistan Philippines
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic Consumer protection
Financial regulation
Financial education
Financial literacy
Microinsurance
spellingShingle Consumer protection
Financial regulation
Financial education
Financial literacy
Microinsurance
International Finance Corporation
German Federal Ministry for Economic Cooperation and Development
Deutsche Gesellschaft für Internationale Zusammenarbeit
Progress in Responsible Financial Inclusion : Global Mapping Report and Selected Case Studies
geographic_facet Central Asia
Eastern Europe
Europe and Central Asia
Bosnia and Herzegovina
China
Ghana
India
Indonesia
Pakistan
Philippines
description 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.
format Working Paper
author International Finance Corporation
German Federal Ministry for Economic Cooperation and Development
Deutsche Gesellschaft für Internationale Zusammenarbeit
author_facet International Finance Corporation
German Federal Ministry for Economic Cooperation and Development
Deutsche Gesellschaft für Internationale Zusammenarbeit
author_sort International Finance Corporation
title Progress in Responsible Financial Inclusion : Global Mapping Report and Selected Case Studies
title_short Progress in Responsible Financial Inclusion : Global Mapping Report and Selected Case Studies
title_full Progress in Responsible Financial Inclusion : Global Mapping Report and Selected Case Studies
title_fullStr Progress in Responsible Financial Inclusion : Global Mapping Report and Selected Case Studies
title_full_unstemmed Progress in Responsible Financial Inclusion : Global Mapping Report and Selected Case Studies
title_sort progress in responsible financial inclusion : global mapping report and selected case studies
publisher International Finance Corporation, Washington, DC
publishDate 2015
url 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
_version_ 1764449070207729664