Commitments You Can Bank On
The Maya Declaration is an initiative to unlock the economic and social potential of the 2 billion unbanked population through greater financial inclusion.
It represents the world’s first commitment platform which enables AFI member institutions to make concrete financial inclusion targets, implement in-country policy changes, and regularly share progress updates. A public commitment to the Maya Declaration is a means to champion financial inclusion.
The Maya Declaration was launched in 2011 at the Global Policy Forum (GPF) in Riveria Maya, Mexico. A total of 62 Maya Declaration Commitments have been made, representing more than half of AFI’s growing membership, which is currently compromised of more than 100 financial regulatory and policymaking institutions from over 90 developing and emerging countries.
Smart Goals, Smart Policies
The Maya Declaration has seen a strong growth in institutional commitments and a sharp increase in quantified targets. To date, 32 AFI members have set quantified targets, while nine institutions have already achieved their quantified targets. Additionally, 82 quantified targets have been set across three dimensions of financial inclusion: access, usage and quality, which are also used to classify the core set of indicators by the AFI Financial Inclusion Data Working Group (FIDWG). Of the 432 overall targets, 31 percent are completed with 69 percent in progress.
Track, Explore and Share
AFI members can track, explore and share targets and progress from all of the Maya Declaration Commitments around the network at the AFI Data Portal. And later this year, the public will too.
Maya Declaration Advocacy Toolkit
Designed to provide useful resources to help raise greater awareness and further promote the Maya Declaration. This toolkit includes:
- The Maya Declaration Factsheet
- The Maya Declaration and Sasana Accord Texts
- The Maya Declaration Logo
- Commitments Made by AFI Members
- Annual Progress Reports
- Articles and Quotes