Social Performance Task Force (SPTF)
Savings, loans, insurance and digital finance are key enablers for low-income households to improve their livelihoods and for micro-entrepreneurs to run their businesses. The SPTF promotes client-centric and responsibly offered financial services through the application of the Universal Standards for Social and Environmental Performance Management. This will contribute to serve 60% of adults (70% women) in low-income countries not having access yet to financial services.
Paese/Regione | Tema | Periodo | Budget |
---|---|---|---|
America centrale Mondo |
Impiego & sviluppo economico
Financial policy
Informal banking & insurance |
01.01.2022
- 31.12.2025 |
CHF 1’910’000
|
- Continuous review and update of the Universal Standards to reflect trends and reality of the market; special emphasis on the gender lens and digitalization of financial services and products
- Upgrading of the Social Performance Indicator (SPI) to SPI5 allowing the FSPs to assess their SEPM and bringing the SPI online
- 300 FSPs listed as ‘committed to implement’ and 100 FSPs listed as ‘certified’ within the Client Protection Pathway
- Upgrading the online knowledge and resource centre accessible in 3 to 4 languages
- Development of 4 new e-learning courses and realization of 4 regional / global events per year
- 60% membership increase up to 7’500
- Formal interaction with min. 10 international standard setters to influence more responsible and inclusive practices on markets; min. 3 national regulators adopt client protection standards
- RIFF_CAC: support to min. 25 institutions to upgrade their SEPM practices
- 530 financial service providers (FSPs) have applied the unviversal social and environmental performance management (SEPM) standards managed by SPTF (doubling their number); qualified auditors increased from 104 to 214; and the number of investors using the investor due diligence tool tripled from 13 to 40
- SPTF+CERISE have taken over the Smart Campaign (incentivizing the adoption of responsible practices and customer protection of low income customers) transforming it into the Client Protection Pathway (a universal label certifying the client protection systems of FSPs)
- The Resource Center curated an online library of over 550 resources (guidelines, tools, templates, case studies) relating to all dimensions of SEPM
- The governments of Nicaragua and the Philippines have incorporated the Universal Standards into their regulations and supervision of microfinance institutions
- Other international or foreign NGO North
- Social Performance Task Force (SPTF)
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Settore in base alle categorie del Comitato di Aiuto allo sviluppo (DAC) dell'OCSE ATTIVITÀ BANCARIE E SERVIZI FINANZIARI
ATTIVITÀ BANCARIE E SERVIZI FINANZIARI
Sotto-Settore in base alle categorie del Comitato di Aiuto allo sviluppo (DAC) dell'OCSE Politica finanziaria e gestione amministrativa
Intermediari finanziari del settore informale e semi-formale
Tipo di aiuto Contributo generale
Mandato senza fondo fiduciario
Contributo al progetto e al programma
Numero del progetto 7F09903
Contesto |
Financial inclusion – if done responsibly – is a key enabler for reducing poverty by ensuring that individuals, households, and businesses have opportunities to access and the ability to use financial services (FSs) meeting their needs. While financial inclusion has expanded the last decade, 60% of adults and 70% of women in low income countries still do not have access to FSs. The global context, with repeated crises of multiple natures, reinforces the importance of economic and financial resilience of the poor and marginalized populations, thus the relevance of further pursuing the promotion of financial inclusion. The increased role of poorly regulated new actors brought into the sector by digitalization and more profit-oriented sources of funding of microfinance institutions (MFIs) challenges the inclusiveness and the responsible business conduct of financial service providers. It is therefore utmost relevant that the clients’ needs are put at the centre, that the clients understand the terms and conditions of the financial products they purchase, and that their over-indebtedness is avoided. |
Obiettivi | Responsible, transparent, sustainable, and inclusive financial market systems that achieve positive outcomes for low-income people and households, their communities, and the environment. |
Gruppi target |
Direct: financial service providers (FSPs); technical assistance providers in client-centric management practices relating to the Client Protection Standards, assessment and rating; local/regional financial inclusion networks/association; microfinance regulators; impact investors, funders, global networks Indirect: low-income and vulnerable people (and households) as clients of FSPs |
Effetti a medio termine |
At global level: 1. Equipped and healthy FSPs demonstrate the social and financial value of client protection and social and environmental performance, with positive outcomes for customers, staff and the environment 2. The demonstration of the value of social and environmental performance is shared with and influences other providers and (impact) investors 3. The national regulatory environment for FSPs is improved and includes customer protection, encourages innovation and inclusion, and promotes growth for all 4. Other standard setters and policymakers include SPTF and Cerise’s work in their own strategies and impact management work At regional level (Central America and the Caribbean): 5. The social performance of FSPs in Central America and the Caribbean (CAC) are strengthened through training and capacity building through Regional Inclusive Finance Facility (RIFF) co-managed with the Red Centroamericana y del Caribe de Microfinanzas (REDCAMIF), the regional microfinance association 6. Learnings and innovation from CAC are widely shared leveraging SPTF’s global platform |
Risultati |
Risultati principali attesi: Risultati fasi precedenti: |
Direzione/Ufficio responsabile |
DSC |
Partner del progetto |
Partner contrattuale ONG internazionale o straniera |
Coordinamento con altri progetti e attori |
Consultative Group to Assist the Poor (CGAP) Swiss Capacity Building Facility (the Client Protection Pathway status of FSPs is one mandatory criteria for SCBF grants) Various SDC financial sector development / financial inclusion projects in priority countries |
Budget | Fase in corso Budget Svizzera CHF 1’910’000 Budget svizzero attualmente già speso CHF 1’785’000 Progetto totale dalla prima fase Budget Svizzera CHF 2’432’257 Budget inclusi partner del progetto CHF 4’007’257 |
Fasi del progetto | Fase 2 01.01.2022 - 31.12.2025 (Fase in corso) Fase 1 01.11.2017 - 31.12.2021 (Active) |