Can financial innovation accelerate the alignment of finance towards the SDGs?
Room: Auditorium
Description
Digital finance can ease the delivery of, and access to, financial services, with major impacts on financial inclusion in developing and emerging countries. Financial innovation has great potential for efficiency
gains, better accountability systems and increased transparency. There are also risks, however, such as the proliferation of fraud and illicit financial flows, as well as aggressive pricing and screening. And it is not automatic: financial innovation may be hindered by poor digital infrastructure, weak investment climate and complex governance systems. This interactive session will invite experienced innovators to discuss the potential for digital technologies to improve the alignment of finance with sustainable development.
