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The financial system we need



US$4.2 trillion


can be added in new deposits by digital finance


Up to 90%


cheaper to process digital transactions rather than traditional transactions


US$2.1 trillion


can be added in new credit by digital finance

of global GDP will be stored on blockchain technology by 2025




the number of mobile money subscribers worldwide grew


from 60 million          400 million



Digital financial services can turn 1.6 billion of the 2 billion unbanked people into formal financial customers by 2025       



95 million



 additional jobs

added to the GDP of emerging economies


Financing sustainable development is one of the greatest challenges of our times. Meeting this challenge will require the mobilization and redeployment of tens of trillions of dollars, largely from private sources, channeled through the global financial system. Yet despite its overhaul following the financial crisis, today’s global financial system is not fit for this purpose. Today, too little capital flows to meet the financing needs of the sustainable development goals, and too much capital continues to finance unsustainable development.



Digital finance, which includes a broad range of technologies such as big data, artificial intelligence, blockchain and the Internet of Things (IoT), offers innovative solutions to scale up sustainable finance, and the prospect of a more efficient, accessible and less vulnerable financial system. Digital finance can increase the capabilities of actors throughout the financing value chain, at reduced costs, to factor in environmental risks, opportunities, incentives and choices, as well as enhance the effective use of policies, regulations, standards and fiscal measures. Such positive outcomes are not, however, an automatic consequence of digital finance and fintech-powered innovations, and there are also potential risks and unintended consequences. The opportunity and need is to ensure that the transformative potential for digital finance is harnessed to align the financial system with sustainable development.


Harnessing this potential of digital finance with the financing needs of sustainable development will require the collective ambition, innovation, and persistence of the world’s financial institutions, policymakers and citizens.

  • Big data, machine learning and artificial intelligence and cloud computing enables the aggregation and analysis of large amounts of increasingly complex data from many different sources, dramatically increasing and automating decision-making capabilities at low-cost.

  • Mobile platforms, including mobile money, person-to-person (P2P) and crowdfunding allow for easy payments with or without traditional bank accounts, new-investment opportunities for lenders and sources of capital for borrowers.

  • Blockchain technology is a shared database of trusted, immutable, verifiable transactions distributed across large peer-to-peer networks that are secure and transparent. Blockchain enables ‘smart contracts’ which allow automatic execution if certain conditions without the need for a third party.

  • The Internet of Things (IoT) through low-cost connected sensors and AI is resulting in machine learning that automates discoveries and enables ‘intelligent’ computers capable of non-routine tasks.

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