It is with great pride that we share that youth will now be at the forefront of the advancement in global financial inclusion according to the Turkish Presidency of the G20. The Presidency newly announced their 2015 financial inclusion agenda which begins with a strong focus on youth. The Global Partnership for Financial Inclusion (GPFI), the inclusive platform of the G20, will respond to the need for financial inclusion and financial education for youth focusing on the following points:
- promoting youth entrepreneurship and tackle youth unemployment,
- supporting innovative solutions,
- enhancing access to finance for youth,
- collecting data and developing impact indicators for youth.
Turkey will work on youth related issues by emphasizing the importance of investing in the next generation. The G20 is committed to removing barriers for youth in access to finance, to promote financial literacy for youth, to encourage personal financial responsibility and, most importantly, to develop policies to foster youth entrepreneurship.
Child & Youth Finance International (CYFI), as an Affiliated Partner of the GPFI, will contribute in shaping the Youth focus as a crosscutting theme among the GPFI financial inclusion agenda.
CYFI, on behalf of the Child and Youth Finance Movement enthusiastically welcome these advancements toward a more inclusive financial climate for youth and thank the Turkish Presidency for making this possible.