UN Launches Global FinTech Task Force For Sustainable Development

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  • The United Nations (UN) have announced the launch of a global task force to advance the Sustainable Development Goals using FinTech

 

  • The Task Force on Digital Financing consists of leaders from both developed and developing countries

 

  • “We have already seen how technology has helped expand financial inclusion – itself an important goal — by 1.2 billion people in just six years,but we have only just begun to tap the potential of digital finance and investment to meet the broader agenda set forth in the Sustainable Development Goals and the Paris Agreement on climate change”, commented United Nations Secretary-General António Guterres

 

  • The task force includes experts from the investment community, capital markets, Government and civil society, as well as leading banks and innovators in digital payments

 

  • “Digitization makes it possible to process financial data much faster, more accurately, and in exponentially greater volumes,” said co-Chair Maria Ramos, Chief Executive Officer of the Absa Group Ltd. (South Africa) and Achim Steiner, Administrator of the United Nations Development Programme

 

  • Members of the Task Force on Digital Financing of the Sustainable Development Goals include, Xiandong (Eric) Jing, Chief Executive Officer/Director and Executive Chairman, Ant Financial Services, Ambareen Musa, Founder and Chief Executive Officer, Souqulmal, Patrick Njoroge, Governor, Central Bank of Kenya and more.

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