Financial inclusion is the delivery of financial services at affordable costs to low-income people who would normally not have access to formal financial services. The importance of financial inclusion to development and climate change is recognised by the G20 as it “helps build domestic savings, bolster household, domestic and financial sector resilience, and stimulate business and entrepreneurial activity.” However, about 2.5 billion people are currently excluded from the formal financial system. This session discusses challenges to bringing financial services to poor households. Presentations will elaborate on the importance of inclusive finance to climate change adaptation and the SDGs, and explain how microfinance institutions assist adaptation to climate change. The session will highlight results of collaborative research by the Institute of Microfinance (Bangladesh) and IGES, share information from an IGES project on risk insurance in adaptation and disaster risk reduction, and explain how CGAP is promoting financial inclusion in developing countries.
[Speakers]
Qazi Kholiquzzaman Ahmad, Chairman, Institute of Microfinance | |
EMPIRICAL FINDINGS ON MICROFINANCE IMPACT ON HOUSEHOLDWELLBEING AND RESILIENCE Md. Abdul Karim, Managing Director, Palli Karma-Sahayak Foundation (PKSF) | PDF (1.1MB) |
EMPIRICAL FINDINGS ON MICROFINANCE IMPACT ON HOUSEHOLDWELLBEING AND RESILIENCE Md. Abdul Baqui Khalily, Executive Director, Institute of Microfinance | PDF (697KB) |
CGAP's role for promoting inclusive finance and its relevance to the SDGs & adaptation Kazuto Tsuji, Executive Committee Chair of the Consultative Group to Assist the Poor(CGAP) / Visiting Senior Advisor to Japan International Cooperation Agency (JICA) /Professor, Saitama University | PDF (1.8MB) |
INSURANCE EFFECTIVENESS: CLIMATE CHANGE ADAPTATION AND DISASTER RISK REDUCTION Prabhakar SVRK, Task Manager / Senior Policy Researcher, Natural Resources and Ecosystem Services Area, IGES | PDF (1.9MB) |
[Moderator]
Henry Scheyvens, Leader / Principal Policy Researcher, Natural Resources and Ecosystem Services Area, IGES |
Date & Time | 29 July 2015, 14:00-15:30 | Language | English /Japanese |
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Venue | Room502, Pacifico Yokohama Conference Center | Session No. | PL-9 |
Related Evemt | International Seminar (30 July) "Empowerment is key to poverty eradication and human dignity: Lessons and perspectives from the ENRICH program in Bangladesh" |