Committed to connecting the world
Financial Inclusion Global Initiative (FIGI)
| Project No | 9GLO17088 | |
| Title | Financial Inclusion Global Initiative (FIGI) | |
| Description | The Financial Inclusion Global Initiative 3x3x3 (FIGI 3x3x3) is a three-year investment funding national implementations in three countries, supporting topical work groups to tackle 3 sets of outstanding challenges in closing the global financial inclusion gap, and hosting 3 annual symposia to gather the engaged public on topics relevant to the grant and share intermediary learnings from its efforts. The grant funds two institutions: The World Bank Group, and the United Nation’s specialized agency for telecommunications and ICTs the International Telecommunication Union. Together, they administer the grant and implement technical work, collaborating closely with the Foundation, the CPMI, and public and private partners, including AFI, the Arab Monetary Fund, and the African/Interamerican/Islamic Development Banks. Together they galvanize the work of the PAFI Taskforce, the ITU Focus Group – Digital Financial Services, and the Gates Level One Project, to deliver implementation solutions and deep topical analyses and practical investigations, working toward the goal of Universal Financial Access by 2020. The ITU will be responsible for the implementation of activities which are mentioned in Section 11 of this Proposal Narrative document, which represents an amount of USD $ 3,073,052. | |
| Area of Action |
ICT Applications |
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| Status | Implemented | |
| Time Frame | From 16/6/2017 To 30/9/2021 | |
| Implementing Agency | ITU | |
| Cooperation Agency | Bill and Melinda Gates Foundation | |
| Financial Scale (CHF) | More than 1'000'000 | |
| Achievements |
Will be updated following the completion of the project. |
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