FULL LIST OF FINANCIAL INCLUSION

Globally, Young people access financial services at roughly half the rate of adults.  According to the World Bank’s Global Findex database, youth are 40% less likely to save at banks and 60% less likely to have borrowed.[1]  Without these services, young people have fewer means to manage their assets, invest in education, or grow businesses.  In response, youth inclusive financial services programs are working with regulators, financial services providers, and informal savings group promoters to increase young people’s access to appropriate savings, credit, payment, and insurance products.  At the same time, recognizing that youth often lack the knowledge or experience to use services effectively, programs are offering financial education and life-skills training and information to boost financial capability. 

Over the past three years there has been a growing awareness of the importance and viability of finance for youth among service providers.  However, overall access has not changed significantly, with the proportion of youth savings and borrowing formally barely changing.  In response, youth-inclusive practitioners are looking more closely at the potential of new technologies to boost access and capability - at digital payments and mobile wallets to lower the costs of providing services, “big data” to help banks understand the youth market and reduce the risk of lending, and smart phones to offer new convenient and inexpensive means to teach financial education to youth.  At the same time, there is renewed interest in old technologies such as savings groups to expand access to youth.  Through these new and old technologies, practitioners are working to boost financial inclusion significantly among youth.

 

The Opportunity Puzzle: Piecing it together for youth to thrive in a changing world

The Youth Economic Opportunities Network

We live in a time of rapid economic, social, and environmental change. No group has a greater stake in the consequences of these global trends than the world’s 1.8 billion young people, the largest youth cohort in history. The majority of today’s youth population—nearly 90 percent—live in developing countries, primarily in Sub-Saharan Africa and Asia. 

Resource Type: 
Article

2019 Global Youth Economic Opportunities Orientation Webinar

Making Cents International's Youth Economic Opportunities Network
 
The annual GYEO Summit Call for Proposals is a competitive process open to all interested applicants working to advance youth economic opportunities. Summit speakers raise awareness about their work, share knowledge and encourage collaboration in our sector through practical, hands-on breakout sessions that connect to the Summit’s theme and technical tracks.
 
Resource Type: 
Presentation

Call for Proposals Orientation Webinar

ORGANIZER: 
Making Cents International's Youth Economic Opportunities Network
DATE: 
Feb 5, 2019 (09:30am to 10:30am)

The annual GYEO Summit Call for Proposals is a competitive process open to all interested applicants working to advance youth economic opportunities. Summit speakers raise awareness about their work, share knowledge and encourage collaboration in our sector through practical, hands-on breakout sessions that connect to the Summit’s theme and technical tracks.

Staff Development Must Include Youth Development, Especially in South Asia

YouthToday
Investing in youth from an early age can be a slow and difficult process, but its benefits can be far-reaching, especially from a staff development point of view.
 

World Bank Youth Summit 2018: Unleashing the Power of Human Capital

ORGANIZER: 
The World Bank
DATE: 
Dec 3, 2018 (All day) to Dec 4, 2018 (All day)

Established in 2013, the Youth Summit is an annual event held by the World Bank Group (WBG) to engage with youth globally on the most pressing topics facing their generation.

Financial Empowerment: A Role for Everyone

IF Consulting, LLC, Bank of Jamaica, Ministry of Education, Youth and Information in Jamaica

This presentation explores the role of key stakeholders in the public and private sector and civil society in the design and implementation of a National Financial Education strategy in Jamaica that will initially target youth, the Jamaican Financial Empowerment Programme (JFEP). Participants will hear from key stakeholders from the Ministry of Education, Youth and Information in Jamaica and the Bank of Jamaica about the enabling policy environment and infrastructure for JFEP.

Resource Type: 
Presentation

Beyond Service: Challenges, Opportunities and Partnerships to Equip National Youth Service Corpers with Entrepreneurship Skills in Nigeria

Cognity Advisory, National Youth Service Corps Nigeria

As at today, almost 300,000 NYSC “Corpers” are deployed annually to serve across all the 36 states of Nigeria. There has been a missed opportunity to evolve NYSC to align itself to meet with present workforce development challenges facing Nigeria. The public private partnership between GE and NYSC and Cognity Advisory was established to galvanize a culture of skilled entrepreneurs from the NYSC cohort by training of 40 NYSC staff as trainers who then train no less than 1000 Corpers (over 40,000) per year.

Resource Type: 
Presentation

Beyond Employer Engagement: How to Meaningfully Involve Industry in Identifying a Skills Mismatch and Aligning Curricula for Entry-level Positions

International Youth Foundation, Cisco Latin America, FedEx Express Mexico

The demand for workers in a changing world of work is continuously evolving. More than ever, schools and employment programs need to be able to detect skills needs from industry in an iterative fashion to ensure they are preparing young people for the jobs of today and the future. Businesses have an important role to play in this process and are often engaged through participation in advisory committees or offering internships/apprenticeships.

Resource Type: 
Presentation

Youth Creating Jobs – A Presentation of Two New Entrepreneurship Models from Brazil and Ghana

Ghana Friends, Youth Empowerment for Life, Alianca Empreendedora

How can resource-weak youth turn challenges for starting up businesses into opportunities based on their own resources? How can organisations promote an entrepreneurial and creative mindset that makes youth change makers? How can we measure low-income entrepreneurial behavior, considering the context of today?

Resource Type: 
Presentation

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