This BRACED policy brief, written with Acclimatise, looks at experiences
in Mali, Ethiopia and Myanmar in helping to build resilience to climate
extremes and disasters through increased financial inclusion. Key policy
- Financial services inclusion helps build climate resilience and
nontraditional financial services are better able to reach the most
vulnerable, but action is needed on the demand and the supply side.
- A more transparent regulatory framework for these services can help
promote inclusion and growth in the sector (and so competition and
flexibility), alongside protection for users and improved physical
access for the most vulnerable.
- Support to service providers is needed to build capacity, financial
literacy and trust of vulnerable and disadvantaged groups in the
This policy brief is supported by the BRACED working paper Climate
resilience and financial services: Lessons from Ethiopia, Mali and
Haworth, A.; Frandon-Martinez, C.; Fayolle, V.; Wilkinson, E. Banking on resilience: building capacities through financial services inclusion. Overseas Development Institute, UK (2016) 4 pp.
Banking on resilience: building capacities through financial services inclusion