Women’s World Banking, together with The World Bank, the UN-housed Better Than Cash Alliance and the Bill & Melinda Gates Foundation authored the report “Digital Financial Solutions to Advance Women’s Economic Participation” for the Turkish G20 Presidency.

Much greater participation by women in national economies can be an essential driver of macroeconomic growth and stability in the years ahead. Yet female participation in the labor force has remained stagnant. It has even declined in some countries. Turning the tide requires innovative and informed policies and strong leadership. As this paper explains, it will be vital to fully leverage the potential of digitizing payments. Greater use of digital financial services can accelerate the inclusion of hundreds of millions of unbanked women in formal financial systems, leading to better lives for women and their families and more robust and inclusive growth.

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