Finance 4 Development
F4D Stories of Impact
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About the F4D
f4d vision: Resilient, transparent and smooth-functioning financial systems and capital markets that enable financial stability, job growth and poverty alleviation.
Finance for Development Partners
Our work is made possible through the generous contributions of development partners. Each one of our partners brings technical expertise, advocacy, and coordination efforts that help us deliver on the F4D’s ambition, together.
The F4D Umbrella Program is supported by the Austrian Federal Ministry of Finance (BMF), the Bill & Melinda Gates Foundation (BMGF), the European Commission (EC), Global Affairs Canada (GAC), and the Swiss State Secretariat for Economic Affairs (SECO).
Federal Ministry Republic of Austria
The Ministry of Foreign Affairs is the government ministry of Austria responsible for diplomatic missions and immigration, the administration of foreign policy, and the maintenance of the country's relations with international organisations, especially the European Union.
bmeia.gv.at
Bill & Melinda Gates Foundation
We are a nonprofit fighting poverty, disease, and inequity around the world. We are focused on results. Those that can be measured. And those measured in ways beyond numbers.
gatesfoundation.org
Global Affairs Canada
We define, shape and advance Canada’s interests and values in a complex global environment. We manage diplomatic relations, promote international trade and provide consular assistance. We lead international development, humanitarian, and peace and security assistance efforts. We also contribute to national security and the development of international law.
international.gc.ca
European Union
The official website of the European Commission, providing access to information about its political priorities, policies and services.
commission.europa.eu
Swiss Confederation SECO
SECO is the federal government's centre of expertise for all core issues relating to economic policy. Its aim is to ensure sustainable economic growth by putting in place the necessary regulatory and economic policy conditions.
seco.admin.chF4D Results at a Glance
Explore the F4D Stories of Impact
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Mexico: Advancing Women’s Financial Inclusion
Mexico has made substantial progress in gender equality, yet remaining finance gaps for women and women-owned businesses are limiting the country's private sector growth and economic development.
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Strengthening Albania’s Financial Resilience and Inclusion
As a small, open economy, Albania is highly exposed to external shocks, such as a recession in the European Union (EU) or further tightening of financing conditions in international capital markets.
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Zambia Launches Second National Financial Inclusion Strategy
Zambia has made significant strides in expanding access to finance for its population through the implementation of the first National Financial Inclusion Strategy (NFIS).
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How F4D is Revolutionizing Domestic and Cross-Border Digital Payments
Fast payments are characterized by the instant transmission of the payment message and by the immediate availability of funds to the beneficiary on a 24/7/365 basis.
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F4D Advances Digital Remittances
Remittance prices are high for many reasons, including underdeveloped financial infrastructure in some countries, limited competition, regulatory obstacles, lack of access to the financial sector by remittance senders and/or receivers.
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F4D Video Showcase
A collection of videos showcasing F4D accomplishments
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F4D Portfolio
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F4D Annual Reports
These interactive e-books highlight the key milestones and progress of the F4D program
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Advancing Women’s Financial Inclusion
Mexico has made substantial progress in gender equality, yet remaining finance gaps for women and women-owned businesses are limiting the country's private sector growth and economic development.
The banking sector is the blood circulatory system of the economy. Unless it is stable enough, it cannot effectively contribute to the development of the country. FinSAC has been a trusted partner in the stability effort for over 10 years, and our success relies on our continuous engagement”
— Vahe Vardanyan, Task Team Leader
Strengthening Albania’s Financial Resilience and Inclusion
As a small, open economy, Albania is highly exposed to external shocks, such as a recession in the European Union (EU) or further tightening of financing conditions in international capital markets. Access to finance for households and small and medium enterprises (SMEs) is well below the needs of the economy.
Zambia Launches Second National Financial Inclusion Strategy
Zambia has made significant strides in expanding access to finance for its population.
Through the implementation of the first National Financial Inclusion Strategy (NFIS), which was built on the government's earlier commitment to improving financial inclusion, the country saw the level of financial inclusion rise to approximately 70% in 2020, up from 60% in 2015.
How F4D is Revolutionizing Domestic and Cross-Border Digital Payments
Fast payments are characterized by the instant transmission of the payment message and by the immediate availability of funds to the beneficiary on a 24/7/365 basis. They can bring substantial benefits to the way individuals, businesses, and governments make and receive payments.
F4D Advances Digital Remittances
F4D launched the Remittances and Payments Program (RPP) 2.0 to support countries to lower the cost of remittances through global knowledge generation and technical assistance for providers of remittance services at a local level, along with NGOs, local authorities, and regulators to strengthen the foundations for remittances and cross-border payment systems.
SDG Target: By 2030, reduce the transaction costs of migrant remittances to less than 3%
What are Remittances?
Remittances are defined as cross-border person-to-person payments of relatively low value, which are typically recurrent, sent by migrant workers. Usually, remittances are sent to support the financial needs of the recipient's family or friends back home. In 2022, remittance flows to low- and middle-income countries reached a staggering US$647 billion.
F4D Video Showcase
About F4D
The Finance for Development (F4D) Umbrella Program is the World Bank’s donor financing, partnership, and knowledge platform aimed to improve the capacity of low- and middle-income countries to develop deep, inclusive, efficient, and resilient financial systems.
Zambia National Financial Inclusion Strategy
The process of developing the second national financial inclusion strategy involved extensive collaborative engagements with relevant stakeholders from both the public and private sectors. It therefore reflects aspirations of not only government, but all sections of society at all levels.
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The F4D portfolio consists of grants that are established under the F4D umbrella program and implemented through the multi-donor anchor trust fund and associated single-trust funds.
active Grants
Countries Supported
Million Committed
F4D Annual Reports
2024 Annual Report
The interactive e-book highlights the key milestones and progress of the program in 2023. The report illustrates that, even in its first year, F4D already played a central role in financial sector reforms at the World Bank
View the Report
2023 Annual Report
The interactive e-book highlights the key milestones and progress of the program in 2023. The report illustrates that, even in its first year, F4D already played a central role in financial sector reforms at the World Bank
View the Report