Responsible Finance for Digital Inclusion: Investing for Impact
International Finance Corporation
2121 Pennsylvania Ave. NW, Washington, DC 20433
April 3, 2019
|7:00-9:00||Registration and Breakfast|
|9:00-9:45||Day 1 – Welcome and Overview|
Introductions, review of the agenda, and overview of the SPTF Social Investor Working Group and its priorities.
|9:45-10:30||Plenary: What makes us impact investors?|
Discussion of impact investors’ shared identity, as well as the shared framework developed by the Impact Management Project.
|10:30-11:00||Coffee Break and Networking|
|11:00-12:00||Plenary session: How can investors measure and manage impact for financial inclusion and progress toward SDGs? |
Discussion of the frameworks and tools available to help investors manage impact for financial inclusion and performance toward SDGs: IRIS+ core metrics sets (GIIN); Met-ODD (CERISE); among others.
|12:00-12:30||Plenary discussion: Next steps with managing impact|
The group will reconvene for a moderated conversation about the projects and tools discussed. What do investors find useful about each of the methodologies? What are the main obstacles that would still be present in managing impact? How can the financial inclusion sector assure coherence and integration of its frameworks into the larger impact evaluation environment?
|12:30-14:00||Lunch and Networking|
Optional Lunch Roundtables
|14:00-15:00||Plenary: Responsible digital transformation of financial institutions|
This session gives an overview of investors that are implementing digital transformation strategies and provides latest lessons learned, recent resources as well as selected examples, to be followed by breakout sessions for peer discussions.
|15:00-16:00||Breakouts: Investors will lead two breakout sessions to share their work and through peer-discussions with signatories on digital transformation: |
(1) Breakout 1: Developing a Strategy for Digital Transformation
(2) Breakout 2: Innovative Partnerships for Digital Transformation
|16:30-17:00||Breakouts (con’t) – Summary Takeaways|
|17:00-17:30||Wrap-Up Day 1|
|18:00-20:00||Cocktails and Networking in IFC Atrium|
April 4, 2019
|8:00-9:00||Registration and Networking Breakfast|
|9:00-9:20||Day 2 – Welcome and Keynote: New Opportunities for Investing in Digital Financial Inclusion – Advancing Access, Innovation and Impact|
Investors globally have increased their investments in digital and tech either directly in financial institutions, through accelerators, incubators or innovation platforms. Impact investors are likewise diversifying into these new asset classes and the market for impact investment continues to grow—recent estimates range from $200 billion to the trillions. What are the innovative opportunities for advancing financial access, inclusion, and impact?
|9:20-10:00||Operating Principles for Impact Management: Overview & Early Lessons for Digital Finance|
What are the Impact Principles? How are major investors applying bespoke approaches in their investments, lessons so far? How can Impact Principles promote and/or reinforce responsible investing in digital financial services going forward?
|10:00-10:40||Responsible Investing in Digital Financial Services|
How are signatories refining their impact with the rapid convergence of tech and finance? How are investors assessing or managing new DFS risks to create opportunities towards sustainable growth?
|10:40-11:10||Coffee/Tea Break and Networking|
|11:10-12:30||Signatory and Investor Insights: Operationalizing the Guidelines|
Thematic sessions reflecting on the Investor Guidelines, co-led by signatories and investors who have stepped forward to share their experiences, potential tools, case studies and lessons learned so far in the investment process. Participants will delve into proposed actions, provide feedback and peer-interaction in operationalizing selected Guideline topics:
|Lunch and Networking|
Investing in Fintechs/DFS for Inclusion – An Overview
|14:00-15:00||Evolving Practices for Responsible Digital Financial Services|
Regulations and supervisory frameworks for DFS are often nascent or fragmented, with industry associations evolving to help DFS players mitigate DFS risks. This session will highlight the latest industry best practices, along with innovators that have adapted their business to manage new risks, while scaling digital financial services. Examples by product and business models may include: payments, mobile, solar energy, digital identity, among others. What are the latest movements in responsible digital inclusion and how can signatories and investors apply these evolving practices today?
|15:00-16:00||Signatory and Investor Insights: Operationalizing the Guidelines|
Thematic sessions reflecting on the Investor Guidelines, co-led by signatories and investors who will share their experiences, potential tools, case studies and lessons learned so far in the investment process. Participants will delve into proposed actions, provide feedback and peer-interaction in operationalizing selected Guideline topics:
|16:00-16:30||Closing and Next Steps|
|16:30-18:00||Investor Guidelines – Strategy/Planning Meeting – by Invitation|