migrant workers

Digital and Financial Inclusion: Pathways to promote an inclusive Post-COVID-19 socio-economic recovery

Virtual side event during the 2021 ECOSOC FfD Forum on Financing for Development

Date & time: April 12 from 1:15 pm – 2:45 pm EST

Register in advance for this meeting (by 5:00pm EST on April 11): https://us02web.zoom.us/meeting/register/tZwpcOGopj4tE9OFujGTOC3FTT_-z2aMJ0Sr

World Bank data (September 2020) indicates that 212 countries have planned, introduced, or put in place 1179 safety net payments and other social protection measures for the most vulnerable populations. But reports also show that digital exclusion and lack of access to a bank account, in the form of a transactional or savings account or a digital wallet, continues to pose immense challenges for those in marginalized communities, especially women youth, refugees, and migrant workers in the informal sector, to recoup benefits from government relief measures such as cash transfers and subsidies, the very measures intended to help tide them over, in a quick and timely manner. Women continue to face widespread barriers to financial inclusion. Globally, of the 1.7 billion people that remain unbanked, meaning they do not hold an account at a bank or a mobile bank provider, approximately 1 billion are women and in developing countries. The 9% gender gap that existed over the last decade continues to persist.

While businesses are increasingly offering consumers the option to transact through online and mobile platforms, two major barriers prevent consumers from adopting these digital options: lack of internet connectivity (digital exclusion) and or lack of a bank account to receive or make payments (financial exclusion). In addition, Micro Small and Medium Enterprises (MSME) face considerable challenges in accessing digital financial services and credit, inclusive insurance schemes and online payment systems and retail platforms that will be keys for their survival in the post-COVID era.

Digital financial inclusion is ever more critical for marginalized communities, especially women, youth, refugees and informal migrant workers, to recover from the crisis and to ensure the survival and sustainability of MSMEs. Long-term risks and barriers of entry, including lack of access to Smartphone services due to marginalized populations’ inabilities to engage in contracts, complex lending practices, especially among women, poor digital literacy and financial literacy and numeracy skills, and lack of valid identification for refugees forced to leave all personal possessions behind, to name but a few, are significant obstacles that could cause more harm than good if not effectively managed. The Global community must act now to bridge the gaps and barriers restricting the world’s most vulnerable populations from meeting their financial needs.

Implementing appropriate regulatory measures in a timely manner is essential for consumer protection and to ensure the funds reach those whom it is intended for. In the July 1, 2020 Special Series Notes on COVID-19 of the International Monetary Fund, experts noted that while the need for social distancing has put a spotlight on digital financial services, scaling up too fast in times of crisis without appropriate regulatory mechanisms could pose a risk to stability and integrity.

The panel will explore the interlinkages between financial and digital inclusion, innovative advancement in fintech and digital infrastructure to advance last-mile connectivity and address the challenges to financial inclusion faced by marginalized communities and MSMEs, as well as propose measures to address regulatory challenges, and disparities in broadband connectivity.

Panelists:

  • Member State representative (TBC)
  • Ms. Lois, Bruu, Vice President, Humanitarian and Development, Master Card Speaking on innovative initiatives to advance digital financial inclusion for marginalized communities, especially women, and MSMEs and recommendations to address financial, economic, structural, and regulatory barriers to advancing financial inclusion for all
  • Ms. Purva Khera, Economist, International Monetary Fund Interlinkages between digital and financial inclusion, financing challenges and advancement in fintech to address the challenges faced by MSMEs and marginalized communities, including women
  • Mr. Jon Frost, Senior Economist, Innovation and the Digital Economy unit, MED, Bank for International Settlements Risks and emerging concerns around digital finance that could work contrary to goals to help marginalized communities
  • Representative from civil society speaking on an innovative initiative/s to ensure reliable broadband connectivity for advancing digital financial services, including last-mile connectivity (TBC)
  • Ms. Lydia Charles, Founder and Executive Director, Her Initiative, Tanzania Challenges to financial and digital inclusion at the grassroots level, especially for women, and steps to take to address these challenges.

Moderator: Anita Thomas, Representative to the UN, Virginia Gildersleeve International Fund (DBA Women First International Fund); Chair, NGO Committee on Financing for Development

Co-sponsors:

Virginia Gildersleeve International Fund, Sisters of Charity Federation, Institute of the Blessed Virgin Mary – Loreto Generalate, Global Foundation for Democracy and Development, New Humanity for the Focolare Movement, Salesian Missions Inc, Change Management Solutions, Startnoo

______________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. 

Digital and Financial Inclusion: Pathways to promote an inclusive Post-COVID-19 socio-economic recovery

Virtual side event during the 2021 ECOSOC FfD Forum on Financing for Development

Date & time: April 12 from 1:15 pm – 2:45 pm EST

Register in advance for this meeting (by 5:00pm EST on April 11): https://us02web.zoom.us/meeting/register/tZwpcOGopj4tE9OFujGTOC3FTT_-z2aMJ0Sr

World Bank data (September 2020) indicates that 212 countries have planned, introduced, or put in place 1179 safety net payments and other social protection measures for the most vulnerable populations. But reports also show that digital exclusion and lack of access to a bank account, in the form of a transactional or savings account or a digital wallet, continues to pose immense challenges for those in marginalized communities, especially women youth, refugees, and migrant workers in the informal sector, to recoup benefits from government relief measures such as cash transfers and subsidies, the very measures intended to help tide them over, in a quick and timely manner. Women continue to face widespread barriers to financial inclusion. Globally, of the 1.7 billion people that remain unbanked, meaning they do not hold an account at a bank or a mobile bank provider, approximately 1 billion are women and in developing countries. The 9% gender gap that existed over the last decade continues to persist.

While businesses are increasingly offering consumers the option to transact through online and mobile platforms, two major barriers prevent consumers from adopting these digital options: lack of internet connectivity (digital exclusion) and or lack of a bank account to receive or make payments (financial exclusion). In addition, Micro Small and Medium Enterprises (MSME) face considerable challenges in accessing digital financial services and credit, inclusive insurance schemes and online payment systems and retail platforms that will be keys for their survival in the post-COVID era.

Digital financial inclusion is ever more critical for marginalized communities, especially women, youth, refugees and informal migrant workers, to recover from the crisis and to ensure the survival and sustainability of MSMEs. Long-term risks and barriers of entry, including lack of access to Smartphone services due to marginalized populations’ inabilities to engage in contracts, complex lending practices, especially among women, poor digital literacy and financial literacy and numeracy skills, and lack of valid identification for refugees forced to leave all personal possessions behind, to name but a few, are significant obstacles that could cause more harm than good if not effectively managed. The Global community must act now to bridge the gaps and barriers restricting the world’s most vulnerable populations from meeting their financial needs.

Implementing appropriate regulatory measures in a timely manner is essential for consumer protection and to ensure the funds reach those whom it is intended for. In the July 1, 2020 Special Series Notes on COVID-19 of the International Monetary Fund, experts noted that while the need for social distancing has put a spotlight on digital financial services, scaling up too fast in times of crisis without appropriate regulatory mechanisms could pose a risk to stability and integrity.

The panel will explore the interlinkages between financial and digital inclusion, innovative advancement in fintech and digital infrastructure to advance last-mile connectivity and address the challenges to financial inclusion faced by marginalized communities and MSMEs, as well as propose measures to address regulatory challenges, and disparities in broadband connectivity.

Panelists:

  • Member State representative (TBC)
  • Ms. Lois, Bruu, Vice President, Humanitarian and Development, Master Card Speaking on innovative initiatives to advance digital financial inclusion for marginalized communities, especially women, and MSMEs and recommendations to address financial, economic, structural, and regulatory barriers to advancing financial inclusion for all
  • Ms. Purva Khera, Economist, International Monetary Fund Interlinkages between digital and financial inclusion, financing challenges and advancement in fintech to address the challenges faced by MSMEs and marginalized communities, including women
  • Mr. Jon Frost, Senior Economist, Innovation and the Digital Economy unit, MED, Bank for International Settlements Risks and emerging concerns around digital finance that could work contrary to goals to help marginalized communities
  • Representative from civil society speaking on an innovative initiative/s to ensure reliable broadband connectivity for advancing digital financial services, including last-mile connectivity (TBC)
  • Ms. Lydia Charles, Founder and Executive Director, Her Initiative, Tanzania Challenges to financial and digital inclusion at the grassroots level, especially for women, and steps to take to address these challenges.

Moderator: Anita Thomas, Representative to the UN, Virginia Gildersleeve International Fund (DBA Women First International Fund); Chair, NGO Committee on Financing for Development

Co-sponsors:

Virginia Gildersleeve International Fund, Sisters of Charity Federation, Institute of the Blessed Virgin Mary – Loreto Generalate, Global Foundation for Democracy and Development, New Humanity for the Focolare Movement, Salesian Missions Inc, Change Management Solutions, Startnoo

______________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. 

[Webinar] Care & Labor Rights: Challenges from the Capitalist Pandemic

Save the Date, virtual meeting details TBA. Interested attendees are encouraged to check organizer websites or contact co-conveners in the meantime.

Care & Labor Rights: Challenges from the Capitalist Pandemic

This webinar by Development Alternatives with Women for a New Era (DAWN) and the Women’s Working Group on Financing for Development is part of a series of action-oriented dialogues on the macro agendas and the current crises: Macro Solutions for Women, the People and the Planet.

Wednesday, 29 July 2020 @ 9 am NY/ 10 am Montevideo/ 2 pm London/ 15 hrs Brussels/ 16 hrs Nairobi/ 20 hrs Bangkok

Speakers:

Corina Rodriguez, Executive Committee Member, DAWN

Shahra Razavi, Director, Social Protection Department, International Labour Organisation

Laura Alfers, Director, Social Protection Programme, Women in Informal Employment: Globalizing and Organizing (WIEGO)

Concept Note

The COVID-19 Pandemic has starkly exposed the multiple inequalities that are intertwined in the world of work. First, it has forcefully revealed something that feminists have been repeating for a long time: the role of care is central  to sustain life in our societies. In a context of a health crisis,  where “staying at home” is one of the main strategies to face the emergency, care arrangements  have become more complex while  sexual division of labor continues to weight on women. Furthermore, there is an added pressure in the form of forced teleworking, which leads to situations where the boundaries between paid work and unpaid care work become blurred, working conditions become precarious and rights are easily violated.

Secondly, those in the informal economy bear heavier burdens in this crisis. Not working and staying at home has meant losing jobs and  livelihoods for the majority of informal workers and their families. Physical distancing is difficult to apply to those working in public spaces, such as street or market vendors, paid domestic workers or others in manufacturing or retail trade. The majority of workers in the informal economy are having less access to income resulting in increasing poverty and plunging workers and households into more precarious living conditions. The dimensions of this crisis are severe: The International Labour Organisation (ILO) reported that informal workers in Asia and Latin America endured an income decline of 81 percent during the first month of lock-downs. The situation of migrant workers has been particularly affected, given the higher exposure to occupational health and safety risks, no appropriate protection, exclusion from social protection measures directed towards nationals, as well as the restriction of movement and the accelerated destruction of jobs.

The context has also exposed the weakness of social protection systems to deal with the situation, and in most cases the applied immediate public policy responses have been insufficient.

Third, in the current context, it is important to analyse those groups of workers that are exposed in a differentiated form. On the one side are those in “front-line” jobs: health workers, workers at essential retail shops, paid domestic workers. The “front-line” is a predominantly feminized “front-line” workforce. In tandem, workers in platform jobs, many of which have seen an increase in the demand for their services but also higher levels of exploitation of their working conditions.

While some countries and some working sectors are coping more successfully with the emergency situation, most, especially those countries in the Global South, face a more serious form of exploitation already imposed by the pre-existing global financial capitalist model.

Can the harshness of the exposure of deepening inequalities serve as a spark to ignite and accelerate processes of transformation towards a “new normal” that is indeed new and different from the old normality? What feminist strategies can we draw on to activate an agenda of transformation in the world of work that serves women, people and the planet? What new challenges do we face and how should we adapt our analysis, our advocacy, our activism? What space can we create so that the post-COVID-19 pandemic does not continue to be a capitalist pandemic?

This webinar aims at reflecting on these questions and will be organized with four 10-12 minutes presentations, followed by a session of Q&A.

Objectives

  • To draw key elements of the agenda of transformation in the world of work from a feminist perspective;
  • To Identify common strategies across movements working on informal economy, care and work with different groups and constituencies (migrants, domestic workers, grassroots women, rural women, women in health sector);
  • To map advocacy spaces and mechanisms within the UN that may be used to activate our agenda of transformation of the world of work;
  • Facilitate cross-movement building and solidarity among civil society groups and activists mobilizing for care, workers rights, gender equality.
DAWN is a network of feminist scholars, researchers and activists from the economic South working for economic and gender justice and sustainable and democratic development. DAWN promotes critical analysis on global issues (economic, social and political) affecting the livelihoods, living standards, rights and development prospects of women, especially poor and marginalized women, in regions of the South. DAWN seeks to support women’s mobilization within civil society to challenge inequitable social, economic and political relations at global, regional and national levels, and to advance feminist alternatives.

The Women’s Working Group on Financing for Development (WWG on FfD) is an alliance of women’s organizations and networks who advocate for the advancement of women’s human rights and gender equality in the Financing for Development related UN processes.

Co-Conveners:

Rosa Lizarde, Global Director, Feminist Task Force; rosa.lizarde@feministtaskforce.org  

Emilia Reyes, Program Director, Policies & Budgets for Equality & Sustainable Development, Gender Equity: Citizenship, Work & Family; emilia@equidad.org.mx

______________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on the Status of Women-Vienna, please visit ngocswvienna.org. For more information on the NGO Committee on the Status of Women-Geneva, please visit ngocsw-geneva.ch. For more information on the NGO Committee on the Status of Women-NY, please visit ngocsw.org. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org.

[Webinar] Care & Labor Rights: Challenges from the Capitalist Pandemic

Save the Date, virtual meeting details TBA. Interested attendees are encouraged to check organizer websites or contact co-conveners in the meantime.

Care & Labor Rights: Challenges from the Capitalist Pandemic

This webinar by Development Alternatives with Women for a New Era (DAWN) and the Women’s Working Group on Financing for Development is part of a series of action-oriented dialogues on the macro agendas and the current crises: Macro Solutions for Women, the People and the Planet.

Wednesday, 29 July 2020 @ 9 am NY/ 10 am Montevideo/ 2 pm London/ 15 hrs Brussels/ 16 hrs Nairobi/ 20 hrs Bangkok

Speakers:

Corina Rodriguez, Executive Committee Member, DAWN

Shahra Razavi, Director, Social Protection Department, International Labour Organisation

Laura Alfers, Director, Social Protection Programme, Women in Informal Employment: Globalizing and Organizing (WIEGO)

Concept Note

The COVID-19 Pandemic has starkly exposed the multiple inequalities that are intertwined in the world of work. First, it has forcefully revealed something that feminists have been repeating for a long time: the role of care is central  to sustain life in our societies. In a context of a health crisis,  where “staying at home” is one of the main strategies to face the emergency, care arrangements  have become more complex while  sexual division of labor continues to weight on women. Furthermore, there is an added pressure in the form of forced teleworking, which leads to situations where the boundaries between paid work and unpaid care work become blurred, working conditions become precarious and rights are easily violated.

Secondly, those in the informal economy bear heavier burdens in this crisis. Not working and staying at home has meant losing jobs and  livelihoods for the majority of informal workers and their families. Physical distancing is difficult to apply to those working in public spaces, such as street or market vendors, paid domestic workers or others in manufacturing or retail trade. The majority of workers in the informal economy are having less access to income resulting in increasing poverty and plunging workers and households into more precarious living conditions. The dimensions of this crisis are severe: The International Labour Organisation (ILO) reported that informal workers in Asia and Latin America endured an income decline of 81 percent during the first month of lock-downs. The situation of migrant workers has been particularly affected, given the higher exposure to occupational health and safety risks, no appropriate protection, exclusion from social protection measures directed towards nationals, as well as the restriction of movement and the accelerated destruction of jobs.

The context has also exposed the weakness of social protection systems to deal with the situation, and in most cases the applied immediate public policy responses have been insufficient.

Third, in the current context, it is important to analyse those groups of workers that are exposed in a differentiated form. On the one side are those in “front-line” jobs: health workers, workers at essential retail shops, paid domestic workers. The “front-line” is a predominantly feminized “front-line” workforce. In tandem, workers in platform jobs, many of which have seen an increase in the demand for their services but also higher levels of exploitation of their working conditions.

While some countries and some working sectors are coping more successfully with the emergency situation, most, especially those countries in the Global South, face a more serious form of exploitation already imposed by the pre-existing global financial capitalist model.

Can the harshness of the exposure of deepening inequalities serve as a spark to ignite and accelerate processes of transformation towards a “new normal” that is indeed new and different from the old normality? What feminist strategies can we draw on to activate an agenda of transformation in the world of work that serves women, people and the planet? What new challenges do we face and how should we adapt our analysis, our advocacy, our activism? What space can we create so that the post-COVID-19 pandemic does not continue to be a capitalist pandemic?

This webinar aims at reflecting on these questions and will be organized with four 10-12 minutes presentations, followed by a session of Q&A.

Objectives

  • To draw key elements of the agenda of transformation in the world of work from a feminist perspective;
  • To Identify common strategies across movements working on informal economy, care and work with different groups and constituencies (migrants, domestic workers, grassroots women, rural women, women in health sector);
  • To map advocacy spaces and mechanisms within the UN that may be used to activate our agenda of transformation of the world of work;
  • Facilitate cross-movement building and solidarity among civil society groups and activists mobilizing for care, workers rights, gender equality.
DAWN is a network of feminist scholars, researchers and activists from the economic South working for economic and gender justice and sustainable and democratic development. DAWN promotes critical analysis on global issues (economic, social and political) affecting the livelihoods, living standards, rights and development prospects of women, especially poor and marginalized women, in regions of the South. DAWN seeks to support women’s mobilization within civil society to challenge inequitable social, economic and political relations at global, regional and national levels, and to advance feminist alternatives.

The Women’s Working Group on Financing for Development (WWG on FfD) is an alliance of women’s organizations and networks who advocate for the advancement of women’s human rights and gender equality in the Financing for Development related UN processes.

Co-Conveners:

Rosa Lizarde, Global Director, Feminist Task Force; rosa.lizarde@feministtaskforce.org  

Emilia Reyes, Program Director, Policies & Budgets for Equality & Sustainable Development, Gender Equity: Citizenship, Work & Family; emilia@equidad.org.mx

______________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on the Status of Women-Vienna, please visit ngocswvienna.org. For more information on the NGO Committee on the Status of Women-Geneva, please visit ngocsw-geneva.ch. For more information on the NGO Committee on the Status of Women-NY, please visit ngocsw.org. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org.

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