We recognize that greater participation by women in national economies can drive economic growth and stability, but how do we increase this participation? Digital financial services present an innovative way to improve women's economic participation. With digital infrastructure providing increased access to relevant financial services, women are gaining greater control over resources, improving the performance of their enterprises and participating more in market opportunities.
In February, we discussed how national governments, the private sector and the donor community converge around digital financial solutions to advance women’s economic participation and expand innovative financial inclusion.
The presenters shared insights from the recent report to the G20 Partnership for Financial Inclusion: Digital Financial Solutions to Advance Women’s Participation, written by the World Bank Development Research Group, the Better Than Cash Alliance, the Bill & Melinda Gates Foundation and Women’s World Banking. The presenters also discussed how these insights apply to strengthening market systems to achieve global development goals.