In 2019, Lebanon witnessed the start of one of the most severe socio-economic crises globally since the mid-nineteenth century, plunging many Lebanese into poverty. Amid the hardships, a new hope emerged in 2021. The World Bank set up a $246 million social safety net project and the Government of Lebanon (GoL) designed a registration platform for t…

The climate crisis demands urgent global action. Green technologies—like solar panels and clean cookstoves—have the potential to transform lives and protect the planet but remain out of reach for many in developing economies. Can carbon markets make them more accessible? Voluntary carbon markets (VCMs), where companies purchase carbon credits to of…

Artificial intelligence (AI) is already transforming almost every aspect of the financial services industry. It is driving efficiencies and sparking innovation by reshaping the way financial authorities protect consumers—not just how financial service providers operate. But financial authorities need to walk a tightrope. While they need to harness …

In Brazil, the banking world is changing fast. Open Finance allows people in Brazil to securely share their financial data across financial service providers, sparking competition and innovation among providers. This empowers customers to compare and choose services that best meet their needs. But how does open finance work in practice and what doe…

From a duka in Kenya, a tienda de barrio in Colombia or a kirana in India, micro-retailers that stock fast-moving consumer goods go by many different names around the world. No matter what they’re called, they’re universally cherished. And yet, they face numerous unique challenges. B2B e-commerce startups like Wasoko in Kenya and &frnds in Southeas…

Everyone in the world is grappling with climate change, but for those on the front lines, it’s a daily struggle for survival. In this episode, we travel to Bangladesh to speak with Nurul and Sita, two farmers who are fighting to protect their homes and livelihoods from relentless storms, flooding, and rising sea levels. Nurul and Sita are both deal…

Climate change, poverty, inequality, and conflict challenge progress, with 7% of the population expected to live in extreme poverty by 2030. Yet, financial innovation and digital economies offer hope. Inclusive financial services can empower women, youth, and entrepreneurs and the digital economy can open various doors. Tune in as we uncover how re…

Central banks have been eying the emergence of privately issued digital currencies with a mix of excitement and anxiety and some began experimenting with their own versions of crypto: central bank digital currencies (CBDCs). Advocates say CBDCs offer an alternative to private digital currencies that will enable central banks to retain their control…

The wide reach of digital financial services, such as digital savings, credit, payments, insurance or investment products, can unlock life-changing opportunities for low-income consumers by helping them save, borrow, and receive remittances. But here’s a little secret about the seemingly endless array of these digital services: their current abilit…

The wide reach of digital financial services, such as digital savings, credit, payments, insurance or investment products, can unlock life-changing opportunities for low-income consumers by helping them save, borrow, and receive remittances. But here’s a little secret about the seemingly endless array of these digital services: their current abilit…

Central banks have been eying the emergence of privately issued digital currencies with a mix of excitement and anxiety and some began experimenting with their own versions of crypto: central bank digital currencies (CBDCs). Advocates say CBDCs offer an alternative to private digital currencies that will enable central banks to retain their control…

Typhoon Rai made landfall in the Philippines in December 2021, killing over 400 people, devastating 1.5 million homes, and causing over US$1 billion in damage. Extreme weather events like Rai are becoming more common as a result of climate change. Financial services can make households more resilient and adaptive, but too often the people who are m…

The spread of digital technology and infrastructure has given rise to fintech, but it’s also driven the popularity of non-financial services like social media apps, gig platforms, and e-commerce sites. The term “embedded finance” refers to the integration of financial tools into this growing array of services. Just as mobile money brought payments …

Typhoon Rai made landfall in the Philippines in December 2021, killing over 400 people, devastating 1.5 million homes, and causing over US$1 billion in damage. Extreme weather events like Rai are becoming more common as a result of climate change. Financial services can make households more resilient and adaptive, but too often the people who are m…

The spread of digital technology and infrastructure has given rise to fintech, but it’s also driven the popularity of non-financial services like social media apps, gig platforms, and e-commerce sites. The term “embedded finance” refers to the integration of financial tools into this growing array of services. Just as mobile money brought payments …

What are the frontiers of financial inclusion? Of course, there is a geographical frontier: people in rural areas are more often excluded from the financial system. There’s also a technological frontier: while digital technology has greatly expanded the reach of financial services, those on the other side of the digital divide are being left behind…

What are the frontiers of financial inclusion? Of course, there is a geographical frontier: people in rural areas are more often excluded from the financial system. There’s also a technological frontier: while digital technology has greatly expanded the reach of financial services, those on the other side of the digital divide are being left behind…