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the acceleration of the use according to the group of
of internal savings for a experts from the UN.
long-term development;
Digital financing is an
improvements related to
important tool to achieve
the accountability of public
higher financial inclusion and
accounts and, the inclusion
the expansion of services. It is
of the SDGs in the context of
also a powerful mechanism for
the financial global markets.
expanding the access to other
DIGITAL The financing of small and
sectors, such as agriculture,
FINANCING IS medium enterprises and the
transportation, water, health,
AN IMPORTANT promotion of the consumers’
education, and clean energies.
TOOL TO ACHIEVE expense aligned to the SDGs.
HIGHER FINANCIAL The challenge is huge.
If the objective consists in Currently, it is estimated that
INCLUSION AND
taking the most advantage approximately 2.5 billion
THE EXPANSION
possible of digitalization, it people and more than 200
OF SERVICES.
is necessary to allocate our million small businesses in
efforts to support those that developing countries lack
are less familiarized with digital access to credit and financial
technologies, such as the services. Digital solutions
elderly or small businesses. and new technologies offer a
Specific training is essential great potential to overcome
to achieve that the entire these main developmental
world benefits from these new challenges according to a
technologies. Digital financial report from the International
education constitutes a key Finance Corporation (IFC).
aspect concerning intervention
The provision of financial
to reach to a healthier finance
services through technological
and economic well-being,
innovations, such as the
SPECIAL REPORT 21
