December 2, 2015 (BANGKOK)
The Consultative Group to Assist the Poor (CGAP) is a global partnership of 34 leading organizations that seek to advance financial inclusion. Housed at the World Bank, CGAP combines a pragmatic approach to responsible market development with an evidencebased advocacy platform to increase access to the financial services the poor need to improve their lives.
Recently CGAP has published new funder guidelines which encourage funders to take a market systems approach to financial inclusion. Given the United Nations Capital Development Fund’s (UNCDF) work in the area of financial inclusion and UNCDF’s recent launch of a market development programme entitled Shaping Inclusive Finance Transformations (SHIFT), CGAP and UNCDF are hosting a workshop on the principles of undertaking a market systems approach for financial inclusion projects. The workshop is intended for donors and programmes that are working in areas related to poverty reduction, market development and/or financial inclusion. As a result of the workshop participants are expected to:
- Understand the key principles of a market systems approach;
- Improve ability to utilize market systems principles in programme planning and implementation;
- Identify and improve areas of collaboration between programmes and
- donors in addressing barriers to financial inclusion.