Transforming Economic Inclusion: Government Innovations through Outcomes-Based Financing
Abstract
Adoption of economic inclusion programs (bundles of coordinated, multidimensional interventions that support individuals, households, and communities to sustainably increase their incomes and assets) is expanding rapidly, with a global increase of more than 50 percent in the reach of such programs since 2021. By 2024, these programs were supporting over 15 million households, benefiting more than 70 million people directly and indirectly . Governments are increasingly leading these scale-up efforts.
Financial Pathways toward Greater Resilience and Economic Inclusion
Abstract
Facilitating access to financial services is a core component of most economic inclusion programs, which aim to build resilience and create opportunities for poor and vulnerable households. These programs offer a comprehensive package of interventions, such as cash transfers, coaching, and business capital, to address the constraints preventing poor and vulnerable people from effectively coping with and recovering from shocks and accessing job opportunities.
