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2021 Trends in International Funding for Financial Inclusion

https://www.farm-d.org/document/2021-trends-in-international-funding-for-financial-inclusion/
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Online Location
https://www.cgap.org/research/publication/2021-trends-in-international-funding-for-financial-inclusion
Publication date
23/03/2023
Language:
English
Type of Publication:
Other
Focus Region:
Global
Focus Topic:
Inclusive Rural Finance - CoP
Type of Risk:
Market-related
Commodity:
Inclusive Rural Finance – CoP
Author
Molly Tolzmann
Organization
Consultative Group to Assist the Poor

CGAP’s annual Funder Survey break downs financial inclusion funding data to offer new intelligence about who’s doing what and where—insights that could be used to inform future development programming and coordination, to ultimately impact the lives of people living in poverty.

This year’s Survey found that international funders committed US$68 billion for financial inclusion in 2021. Private investors were the primary drivers of financial inclusion funding growth in 2021, which may reflect a rebound in private investment following a pandemic slowdown, as well as a cooling from public funders following their stronger role in 2020.

This edition of the survey applied a new approach to segmenting financial inclusion commitments, enabling a better understanding of project purpose and how well funding is targeted to specific market needs.