Financial inclusion & ESG

Financial literacy is often considered to be one of the vital factors of financial inclusion

Financial literacy, financial inclusion & ESG

Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – delivered in a responsible and sustainable way.
- The World Bank
Financial inclusion has been identified as an enabler for 7 of the 17 Sustainable Development Goals by the UN[1], and the World Bank Group considers financial inclusion a key enabler to reduce extreme poverty and boost shared prosperity. Many studies have found positive and significant relationship between financial literacy and financial inclusion; financial literacy is often considered to be one of the vital factors of financial inclusion.
Mogaland views its vision to democratize financial literacy through play as a bilateral effort in financial inclusion and ESG:
  1. 1.
    Use a globally widespread user engagement channel, video games, to promote financial literacy and deliver it to where financial inclusion is most needed,
  2. 2.
    Use the combination of game-based engagement and real-world financial data to educate and bring awareness to ESG driven finance.