15 November 2018

Reserve Bank of Fiji’s Experience with Financial Inclusion and Climate Change

There is optimism in Fiji that fostering financial inclusion will strengthen the resilience of the poor and ease the transition to a low-carbon economy.

The leadership of the RBF is passionate about the role financial inclusion could play in mitigating and adapting to climate change and championed policies that would expand access to financial products and services for the unbanked and enable Fiji’s most vulnerable populations to become more resilient to adverse economic, social and climatic conditions.

Today, the RBF sees the development of green financial products and services as an integral part of its broader financial inclusion agenda and vital to Fiji’s transition to a sustainable, low-carbon economy. The National Financial Inclusion Strategic Plan 2016–2020, developed together with the National Financial Inclusion Taskforce (NFIT), makes green finance a focus.

Read also: Fiji Sovereign Green Bond, Impact Report 2018

 

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