Policy Brief

Bridging the Gap

Author : Adele Westerhuis
Date : April 2023

With more than 1.5 billion adults unbanked globally and a growing body of data demonstrating the benefits of increased financial access, it is crucial to support financial inclusion efforts . This brief summarizes key evidence of the success of financial inclusion efforts globally and reflects on the role of financial inclusion in achieving the Sustainable Development Goals (SDGs). Realizing the promise of financial inclusion toward advancement of the SDGs requires bridging the gaps between financial service providers and potential account holders. Digital finance offers significant promise, but the evolving nature of the landscape presents risks and barriers to access both traditional banking institutions and digital financial technology remain.

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