Global Future Council on Responsive Financial Systems

Foreword

Digital payments and the shift online are reshaping the agenda for small businesses, financial inclusion and the future of money.

The coronavirus pandemic is one of the most challenging crises the world has faced, significantly impacting public health, the economy and businesses at large. The pandemic has also brought to light the finance industry’s understanding that climate change may upend the financial system. This underscores the urgency for the industry to facilitate the transition to a lower-carbon economy.

he World Economic Forum’s Global Future Council on Responsive Financial Systems is exploring how the financial system can address the post-COVID recovery and ensure that stakeholders are rebuilding in a green and sustainable manner. In particular, Council Members are focusing on six areas:

Included in this Contents

1. Digital ID as the catalyst of our digital future
2. The role of financial services providers in supporting the recovery of SMEs
3. How digital wealth management contributes to economic recovery – the China experience

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