Financial inclusion & ESG
Financial literacy is often considered to be one of the vital factors of financial inclusion
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, 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.Use a globally widespread user engagement channel, video games, to promote financial literacy and deliver it to where financial inclusion is most needed,
- 2.Use the combination of game-based engagement and real-world financial data to educate and bring awareness to ESG driven finance.