What: To ensure that 100 million children and youth have access to appropriate and low cost financial products by 2015

Why: Financial inclusion and access is key to building positive financial behavior and lowering financial vulnerability.  Yet, in a world where 50% of the world’s population live below the poverty line, 90% of children and young people across the world are without access to basic financial services.

How: 

• Working with financial regulators to create minimum standards for Child and Youth Friendly financial products
• Creating a certification process to certify existing products which are Child and Youth Friendly
• Working with financial institutions to create savings accounts for children

Who:  Members from over 100 financial regulators,  financial institution and NGOs have joined the Child and Youth Finance International network and committed to increasing the number of savings accounts available for children and youth. Both the Access and Regulation Expert Councils within the movement are dedicated to leading the effort towards meeting the target of 100 million children.

Learn more about the work of the Access Expert Council

Learn more about the work of the Regulation Expert Council