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News

CGAP Webinar Takes a Fresh Look at the Evidence on Microfinance

CGAP will host a webinar on 24 July on its new Focus Note, Opening the Black Box on the Impact of Inclusive Credit, featuring Sophie Sirtaine, Jemimah Njuki, and Alex Counts. The discussion will look beyond whether microfinance "works" or "does not work" to explore when credit benefits borrowers, under what conditions, and what the evidence shows about meaningful development impact.

Paper

Financial Services as Infrastructure for Women’s Empowerment and Carbon Integrity

Women play a critical role in delivering carbon outcomes, yet they are often excluded from the benefits carbon projects create. This Focus Note argues that financial services are the infrastructure that enables women's empowerment while generating the evidence needed to verify gender co-benefits and strengthen carbon market integrity.
Paper

AI-Powered Suptech for Financial Inclusion: How Emerging Market Authorities Can Unlock Its Potential

AI-powered SupTech offers financial sector authorities in emerging markets and developing economies a timely opportunity to strengthen supervision, improve efficiency, and advance financial inclusion. This brief explores how authorities can adopt these tools responsibly through five priority recommendations.

Slide Deck

Unlocking Private Investment in Last-Mile Access via Shared Agent Networks: A Funder's Guide

This deck makes the case for shared agent networks as essential infrastructure, outlines how patient, collaborative investment can build last-mile financial access that sustains itself, and provides a financial modeling tool to help understand the trade-offs in funder support levels.

Slide Deck

Stablecoins in Humanitarian Cash Transfers

This deck assesses how stablecoins can help development funders improve cross-border transfers and last-mile delivery, offering practical guidance for humanitarian organizations and social protection actors navigating the realities of humanitarian payment systems.

Slide Deck

Contingent Lines of Credit (CLOC): A Liquidity Tool for Customer Climate Resilience

This reading deck explores how climate Contingent Lines of Credit (CLOCs) work, what design choices matter, and how they can complement savings, insurance, and other resilience tools.

Paper

Opening the Black Box on the Impact of Inclusive Credit

Inclusive credit is one of the most celebrated and contested tools in development. This Focus Note reframes that debate. Rather than asking whether credit works, it asks: for which borrowers, through what product designs, and under what conditions does inclusive credit generate meaningful benefit rather than harm?
News

Applications Open for Financial Literacy Sprint

Sponsored by the U.S. G20 Presidency, CGAP has launched a Financial Literacy Solutions Sprint to identify the most promising technology-enabled financial literacy solutions and connect them with the partnerships and pathways needed to reach millions of people. 

Paper

Innovation for Inclusion: A Roadmap for Inclusive Finance Policy to Navigate Rapid Technological Change

This paper presents a policy roadmap that outlines six key priorities for financial sector authorities, including leveling the playing field for diverse players, making payments systems fit for purpose, expanding open finance frameworks to open data, establishing an approach for inclusive AI, creating a framework for responsible use of tokenization, and building adaptive and innovation-ready ecosystems.
Paper

Advancing Competition for Financial Inclusion: Six Policy Considerations for Financial Sector Authorities

This Focus Note provides practical policy considerations for financial sector authorities to act on competition concerns using their existing mandates and regulatory toolkit. By applying a competition lens, authorities can promote competition in ways that advance financial inclusion while safeguarding stability, integrity, and consumer protection.