What is financial inclusion?
Financial inclusion is key to a resilient, equitable society. Yet many struggle to access basic banking services, fair credit, and secure digital payments. By addressing issues like discriminatory lending, deceptive financial practices and limited competition in the payment systems market, policymakers can help the financial system serve everyone.
Understanding financial inclusion
Financial Inclusion is the availability and equality of access to certain essential financial services, which are vital for social participation, economic well-being and protection against unexpected life events.
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Barriers to financial inclusion
Unaffordable offers prevent people from building the wealth necessary to fully participate in society, while exploitative practices can cause people to fall into burdensome debt.
HRA exemption guide: How to calculate your House Rent Allowance tax benefit
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What the European Semester does and does not do
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Misleading economic models increase the risk of a climate financial crisis
Misled into the storm by “overly-sunny” economic forecasts Imagine a massive ocean liner – the global financial system – preparing…
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French parliament endorses civil society recommendations on European Central Bank climate policies
This article is a guest blogpost. The author’s views do not necessarily reflect the positions of Finance Watch. Last month,…
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