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AFI Global Policy Forum
The Global Policy Forum (GPF) is organized by the Alliance for Financial Inclusion, or AFI, as the keystone event for its membership and financial inclusion policymakers worldwide. Each year, it is co-hosted by a different member institution in a different region of the world. AFI has roughly 100 member institutions from nearly 90 countries, making the AFI GPF the most important and comprehensive forum for regulatory institutions with an interest in promoting financial inclusion policy. The AFI GPF is focused on developing and improving national financial inclusion strategies and policies and is used as a platform for senior financial regulators to exchange ideas as well as engage in peer-to-peer learning activities. Background The AFI GPF has been recognized by leading international network of financial inclusion organizations and individuals as an important part of the global dialogue on financial inclusion. Participation at the AFI GPF has become part of the standard dialogue amon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alliance For Financial Inclusion
The Alliance for Financial Inclusion, or AFI, is a policy leadership alliance owned and led by member central banks and financial regulatory institutions with the common objective of advancing financial inclusion at the country, regional and international levels. Its members include roughly 100 institutions, being central banks, financial regulatory institutions, and financial inclusion policymakers from nearly 90 developing and emerging economies. AFI partners with regulators in advanced economies, international organizations and private sector leaders to drive practical solutions and facilitate the implementation of impactful policy changes through its cooperative model that embeds peer learning, knowledge exchange and peer transformation. AFI was founded on the idea that a global knowledge exchange platform was key to expanding and improving financial inclusion policies. Over the years, the AFI network – with financial and in-kind contributions from its members, funding fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Negara Malaysia
The Central Bank of Malaysia (BNM; ms, Bank Negara Malaysia) is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya (''Bank Negara Tanah Melayu''), its main purpose is to issue currency, act as banker and adviser to the government of Malaysia and regulate the country's financial institutions, credit system and monetary policy. Its headquarters is located in Kuala Lumpur, the federal capital of Malaysia. The Bank is the only institution permitted to issue the Malaysian ringgit into circulation. Powers of the Bank The Central Bank is empowered through enactment of legislation by the Parliament of Malaysia. New legislation are created and current legislation is amended to reflect the needs of the time and future. Development Financial Institutions Act 2002 Promotes the development of effective and efficient development financial institutions. Central Bank of Malaysia Act 2009 Provides the establishment, administration and powers of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arab Monetary Fund
The Arab Monetary Fund (AMF) is a regional Arab organization, a working sub-organization of the Arab League. It was founded 1976, and has been operational since 1977. History The first president and director of the Arab Monetary Fund, from 1977 to 1982, was Dr. Jawad Hashim. In 1982, the Arab Monetary Fund funded and supervised the launch of Investcorp. Nemir Kirdar was transferred from Chase, where he advised the AMF, to Abu Dhabi to develop the new fund. Omar Aggad was the first investor in this fund. Still in 1982, the AMF inaugurated the Arab Monetary Fund building in Abu Dhabi. In 1988, the AMF initiated civil actions against its former president Jawad Hashim to recover funds he embezzled (estimated $50 million) during his tenure. A 20-year long legal feud between the AMF and Jawad Hashim followed. In 1992, the AMF published its yearly Arab Economic Report in which the institution revealed that Arab countries had lost a total of $620 billion during the invasion of K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Climate Change Mitigation
Climate change mitigation is action to limit climate change by reducing emissions of greenhouse gases or removing those gases from the atmosphere. The recent rise in global average temperature is mostly caused by emissions from fossil fuels burning (coal, oil, and natural gas). Mitigation can reduce emissions by transitioning to sustainable energy sources, conserving energy, and increasing efficiency. In addition, can be removed from the atmosphere by enlarging forests, restoring wetlands and using other natural and technical processes, which are grouped together under the term of carbon sequestration. Solar energy and wind power have the highest climate change mitigation potential at lowest cost compared to a range of other options. Variable availability of sunshine and wind is addressed by energy storage and improved electrical grids, including long-distance electricity transmission, demand management and diversification of renewables. As low-carbon power is more ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sustainable Development Goal 13
Sustainable Development Goal 13 (SDG 13 or Global Goal 13) is about climate action and is one of 17 Sustainable Development Goals established by the United Nations General Assembly in 2015. The official mission statement of this goal is to "Take urgent action to combat climate change and its impacts".United Nations (2017) Resolution adopted by the General Assembly on 6 July 2017, Work of the Statistical Commission pertaining to the 2030 Agenda for Sustainable DevelopmentA/RES/71/313 SDG 13 has five targets which are to be achieved by 2030. They cover a wide range of issues surrounding climate action. The first three targets are "output targets": Strengthen resilience and adaptive capacity to climate-related disasters; integrate climate change measures into policies and planning; build knowledge and capacity to meet climate change. The remaining two targets are "means of achieving" targets: To implement the UN Framework Convention on Climate Change, and to promote mechanisms to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Climate Change Adaptation
Climate change adaptation is the process of adjusting to current or expected effects of climate change.IPCC, 2022Annex II: Glossary öller, V., R. van Diemen, J.B.R. Matthews, C. Méndez, S. Semenov, J.S. Fuglestvedt, A. Reisinger (eds.) InClimate Change 2022: Impacts, Adaptation and Vulnerability. Contribution of Working Group II to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change .-O. Pörtner, D.C. Roberts, M. Tignor, E.S. Poloczanska, K. Mintenbeck, A. Alegría, M. Craig, S. Langsdorf, S. Löschke, V. Möller, A. Okem, B. Rama (eds.) Cambridge University Press, Cambridge, UK and New York, NY, USA, pp. 2897–2930, doi:10.1017/9781009325844.029. For humans, adaptation aims to moderate or avoid harm, and exploit opportunities; for natural systems, humans may intervene to help adjustment. Adaptation actions can be either incremental (actions where the central aim is to maintain the essence and integrity of a system) or transformative (actions that chang ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Climate Change Vulnerability
Climate change vulnerability (or climate vulnerability or climate risk vulnerability) is defined as the "propensity or predisposition to be adversely affected" by climate change. It can apply to humans but also to natural systems ( ecosystems). Human and ecosystem vulnerability are interdependent.IPCC, 2022Summary for Policymakers .-O. Pörtner, D.C. Roberts, E.S. Poloczanska, K. Mintenbeck, M. Tignor, A. Alegría, M. Craig, S. Langsdorf, S. Löschke, V. Möller, A. Okem (eds.) InClimate Change 2022: Impacts, Adaptation and Vulnerability. Contribution of Working Group II to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change .-O. Pörtner, D.C. Roberts, M. Tignor, E.S. Poloczanska, K. Mintenbeck, A. Alegría, M. Craig, S. Langsdorf, S. Löschke, V. Möller, A. Okem, B. Rama (eds.) Cambridge University Press, Cambridge, UK and New York, NY, USA, pp. 3–33, doi:10.1017/9781009325844.001. Climate change vulnerability encompasses "a variety of concepts and ele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Egypt
The Central Bank of Egypt (CBE; ar, البنك المركزي المصري) is the central bank and monetary authority of Arab Republic of Egypt. Currency Since the trading of gold and silver coins in Egypt and until 1834, there was no one unit of currency to unify the country. In 1834, a decree was realised stating the forging of an Egyptian currency based on the two metals (gold and silver). In accordance with said decree, the minting of a currency in the shape of gold and silver Riyals began. In 1836, the Egyptian pound was first introduced and it became open for public use. The bank floated the Egyptian pound during the morning of the 13th of November 2016.Hossam Mounir (November 2, 2017) �Flotation was boldest decision in history of Egyptian economic, banking sectors published by Daily News Egypt - accessed 2020-02-14 [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reserve Bank Of Fiji
The Reserve Bank of Fiji (RBF) is the central bank of the Pacific island country of Fiji. The responsibilities of the RBF include issue of currency, control of money supply, currency exchange, monetary stability, promotion of sound finances, and fostering economic development. The Bank is the only institution that is permitted to issue Fijian dollars and put them into circulation. It is also responsible for setting the overnight policy rate, the main policy or bank rate for Fiji. History In 1914 the then colonial Government establishing the Currency Board with the sole right to issue notes and coins in the then Colony of Fiji. After independence from Britain in 1970, a new institution was created in 1973, the ''Central Monetary Authority'' (CMA) which took over the issuing of currency and also took on an expanded remit. The CMA was tasked with regulating the issue of currency and the supply, availability and international exchange of money; promoting monetary stability; pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Filipe Nyusi
Filipe Jacinto Nyusi (; born 12 February 1959) is a Mozambican politician serving as the fourth President of Mozambique since 2015. He is the current leader of FRELIMO, the party that has governed Mozambique since its independence from Portugal in 1975. Additionally, he has served as the Chairman of the Southern African Development Community since August 2020. During his time in office, President Nyusi has promoted peace and security, and signed multiple agreements with the main opposition parties, RENAMO, to bring a definitive and lasting peace to Mozambique. Nyusi served as the Minister of Defense from 2008 to 2014 under Armando Guebuza. He won the 2014 and 2019 Mozambican presidential elections as the candidate of FRELIMO. Despite allegations of irregularities the President of the National Election Commission stated that "the elections were free, fair and transparent", with the Constitutional Count verifying the result on 23 December 2019. However, according to the Europ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Mozambique
The Bank of Mozambique ( pt, Banco de Moçambique) is the central bank of Mozambique. The bank does not function as a commercial bank, and has the responsibility of governing the monetary policies of the country. The president of the Republic appoints the governor. The bank is situated in the capital, Maputo, and has two branches, one in Beira and one in Nampula. The Bank of Mozambique is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. History Most of Mozambique was a Portuguese overseas territory for several centuries. After independence in 1975, the newly created Government of Mozambique took over, without compensation, the Mozambican operations of Banco Nacional Ultramarino, a Portuguese colonial bank that had been acting as the bank of issue for the colony. This became the nucleus of Bank of Mozambique. In 1977 the government also nationalized almost all banks in the country, including the Casa Bancária de Moçambiq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Financial System
The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal economic actors that together facilitate international flows of financial capital for purposes of investment and trade financing. Since emerging in the late 19th century during the first modern wave of economic globalization, its evolution is marked by the establishment of central banks, multilateral treaties, and intergovernmental organizations aimed at improving the transparency, regulation, and effectiveness of international markets. In the late 1800s, world migration and communication technology facilitated unprecedented growth in international trade and investment. At the onset of World War I, trade contracted as foreign exchange markets became paralyzed by money market illiquidity. Countries sought to defend against external shocks with protectionist policies and trade virtually halted by 1933, worsening the effects of the global Great Depression until a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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