Leverage Central Bank Digital Currencies (CBDCs) to Drive Financial Inclusion

The United Nations (UN) Secretary General’s Task Force on Digital Financing of the Sustainable Development Goals (SDGs), reported that digitization increases the potential for the financial system to better serve the interests of people whose money it manages. If central bank digital currencies (CBDCs) are properly designed and widely adopted, they could become a complementary means of payment that addresses specific market failures, protects citizens from crime, and brings financial services to many people who are not covered by the currency financial system.

In this webinar, hear about the potential for CBDCs to have a transformative impact on the lives of citizens in developing economies through financial inclusion. In particular, learn how the SDGs can be met through the technology used to deploy CBDCs by encouraging innovation and new services to be made available. This webinar also addresses lessons learned to date and related issues, such as the use of CBDCs to reduce financial crime. Attendees can expect to walk away with answers to these questions:

What key challenges do central banks face in addressing financial inclusion?
What are key design considerations in making CBDC an effective tool for financial inclusion?
What can we learn from the early experience?
How can private sector support central banks’ digital innovation?
What are some policy and governance recommendations to maximize financial inclusion benefits while mitigating risks?