Alliance for Financial Inclusion (AFI) is a global network of central banks and financial regulators working to advance financial inclusion, particularly in developing countries. Its mission is to empower its members to implement inclusive financial policies that enhance access to formal financial services for the underserved. By promoting knowledge sharing, AFI helps its members create policies that reduce poverty and promote economic growth.
AFI’s key goals include supporting financial inclusion by offering peer learning platforms, policy advocacy, and practical guidance to its members. The organisation focuses on crucial areas such as digital financial services, inclusive green finance, consumer protection, and small business financing. These areas align with global trends in sustainable finance by promoting financial systems that are inclusive, resilient, and supportive of broader sustainability goals.
Structurally, AFI operates as a member-driven organisation, with over 100 financial institutions participating from across the world. It offers a collaborative environment where members share best practices, learn from each other, and develop inclusive financial policies. The organisation provides tools and resources, including case studies, policy frameworks, and reports, designed to guide members in building inclusive financial ecosystems.
AFI plays a significant role in sustainable finance by addressing financial inclusion as a driver of sustainable economic development. It promotes inclusive green finance, encouraging financial institutions to develop policies that both support economic growth and address environmental concerns, particularly in emerging economies. Through its research, AFI offers insights into how financial inclusion can intersect with sustainability, making it a valuable resource for stakeholders interested in the intersection of finance, development, and sustainability.
Empowering policymakers to increase access and usage of quality financial services for the underserved, through formulation, implementation and global advocacy of sustainable and inclusive policies.
