Resources on social finance

  1. Presentation

    Risk of child labour in microfinance: findings from the ILO and 60 Decibels

    10 August 2023

    Approximately 160 million children worldwide (almost 1 in 10) are in child labour. The ILO deploys a range of tools and approaches to combat this scourge, including access to finance. The logic is that, if parents have access to enterprise training and appropriate financial services, they can increase household income and manage risks more effectively, and perhaps not have to resort to child labour. But, in some circumstances, access to finance can have the opposite effect, and actually create a demand for child labour. Research by the ILO's Social Finance Programme and 60Decibels yielded interesting findings about the impact and risk of child labour in microfinance.

  2. © CNBC Indonesia/Edward Ricardo 2023

    Press release

    A joint study of ILO and OJK reveals the urgent need for digital transformation in rural banks

    10 August 2023

    The ILO and the Financial Services Authority (OJK) launch key findings of their latest study revealing opportunities, challenges and gaps in the development and adaption of digital financial services in banking sector. The key findings support the acceleration of digital financial services for rural bank and sharia rural bank (BPR/BPRS) to better serve the SMEs.

  3. Article

    The power of knowledge sharing in advancing agricultural insurance

    07 August 2023

    In the complex and ever-evolving world of agricultural insurance, cross-country knowledge sharing sessions can play a pivotal role in driving progress, innovation and sustainable development.

  4. Project

    Improving the viability and value of inclusive insurance

    02 August 2023

  5. Instructional material

    How to conduct a PACE client value assessment - analysis worksheet

    01 August 2023

    PACE, the Facility’s client value assessment tool, helps organizations examine their products from the clients’ perspective by comparing the insurance offering with other formal and informal risk management tools. PACE provides a framework to evaluate the value of products and related processes across four dimensions: product, access, cost and experience. It allows practitioners to identify, consolidate, and then prioritize potential changes.

  6. Instructional material

    The ILO’s Impact Insurance capacity building initiative

    01 August 2023

    Despite growing knowledge on inclusive insurance, many insurers and distributors struggle to offer insurance products that are viable for them and valuable for consumers. Recognizing these gaps, the ILO’s Impact Insurance capacity building initiative works at the local, regional and global level to translate knowledge into practical solutions and to develop the skills of providers, distributors and others in offering impact insurance.

  7. News

    ILO Joins World Investment for Development Alliance (WIDA)

    28 July 2023

    In June 2023, the International Labour Organization (ILO) joined the World Investment for Development Alliance (WIDA), a network of organizations from the investment-for-development community launched at the World Economic Forum (WEF) in May 2022.