Can Capital Markets Bridge the Trillion Dollar Development Financing Gap?

In September last year, world leaders committed to the sustainable development goals (SDGs) – a new ambitious agenda that seeks to end poverty, protect the planet and ensure peace and prosperity for all by 2030. To meet these ambitious goals, countries around the world will need to mobilize trillions of dollars in new investments at a time when global growth is slowing and overseas development assistance is declining. Many experts have pointed to the need for increasing domestic resource mobilization and tapping the capital markets, as part of the solution.

Financial Inclusion: A Foothold on the Ladder toward Prosperity?

Financial inclusion—access by poor families and microenterprises to financial services—has been an objective of the World Bank Group for a long time, reaffirmed in 2013 by President Jim Kim's commitment to the Universal Access Goal by 2020. This evaluation examines the relevance and effectiveness of seven years (fiscal years 2007–13) of World Bank Group support to financial inclusion and its impact on the poor

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