2016 has been the year of handing over the baton from Millennium Development Goal (MDG 2000-2015) to Sustainable Development Goals (SDGs 2016-2030). Let us say that we aren’t sure that the old racers – micro lenders, micro financiers – have assimilated the new economic development’s rules of the game and have taken into account the power of the new racers who aggressively entered into the lane: the technologists.
Besides, new racers are warming up for competing in the arena of development finance: e-money issuer, financial cooperative, nonbank deposit-taking institution, nonbank financial institution, non-financial firm, crowd funders and all those in the category of the alternative finance.This is the official list of the competitors, which has been released by Basel III Committee beginning this year ( http://www.bis.org)along with the guidelines for countries’ supervisors for a fair competition; actually the GVTs have been invited to make available an enabling environment, which should be in line with the UN Agenda for SDGs (http://www.un.org/ga/search/view_doc.asp?symbol=A/RES/70/1&Lang=E).
Among the other sponsors who have collaborated for fair games,there are: WB-CGAP (http://www.cgap.org/publications/new-funder-guidelines-market-systems-approach-financial-inclusion,FSD Africa (http://www.fsdafrica.org) and others.
We have elaborated on the matter and worked out a Logical Framework, which can be a reference for ground work at both macro and micro interventions. The former to deal with a country institutional and organizational framework and the latter to cope with management of financial inclusion at individual grass root organizations; see: Five Questions about Financial Inclusion: http://www.emergingmarketsesg.net/esg/2016/08/26/five-questions-about-financial-inclusion-special-interview-with-dr-ascanio-graziosi-rome-italy-august-26-2016/.