Banking on resilience: Building capacities through financial services inclusion
- 15/02/2016
This BRACED policy brief, written with Acclimatise, looks at experiences in Mali, Ethiopia and Myanmar in helping to build resilience to climate extremes and disasters through increased financial inclusion.
Key policy messages are:
- Financial services inclusion helps build climate resilience and nontraditional financial services are better able to reach the most vulnerable, but action is needed on the demand and the supply side.
- A more transparent regulatory framework for these services can help promote inclusion and growth in the sector (and so competition and flexibility), alongside protection for users and improved physical access for the most vulnerable.
- Support to service providers is needed to build capacity, financial literacy and trust of vulnerable and disadvantaged groups in the banking system.
This policy brief is supported by the BRACED working paper Climate resilience and financial services: Lessons from Ethiopia, Mali and Myanmar.
Image credit: Asian Development Bank
Video
From camel to cup
From Camel to Cup' explores the importance of camels and camel milk in drought ridden regions, and the under-reported medicinal and vital health benefits of camel milk
Blogs
As climate risks rise, insurance needed to protect development
Less than 5 percent of disaster losses are covered by insurance in poorer countries, versus 50 percent in rich nations
Disasters happen to real people – and it's complicated
Age, gender, ethnicity, sexual orientation and many more factors must be considered if people are to become resilient to climate extremes
NGOs are shaking up climate services in Africa. Should we be worried?
A concern is around the long-term viability of hard-fought development gains
The paradox of water development in Kenya's drylands
In Kenya's Wajir county, the emphasis on water development is happening at the expense of good water governance
Latest Photos
Tweets
© 2018 | Terms of Use