WDR 2022 Video | Michael Schlein: President & CEO of Accion

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00:09 For the first time in our lifetimes,

00:11 poverty and hunger are on the rise.

00:14 As the pandemic complicates the global recovery,

00:17 the disparity between wealthy and emerging nations continues to grow.

00:21 And yet the pandemic has also led more people

00:24 than ever before to start using digital financial tools.

00:28 This creates a once-in a-lifetime opportunity

00:31 for families,

00:32 small businesses,

00:33 and their financial service providers

00:35 to emerge even stronger and more resilient.

00:38 If we seize this moment,

00:40 we have a chance to accelerate the creation of a much more inclusive world,

00:45 and that's what we're trying to do.

00:47 Axion is working to connect more people

00:49 to these essential tools

00:51 and empower them

00:52 to build a stronger,

00:53 more resilient future.

00:55 The basic financial tools like savings,

00:58 credit,

00:59 insurance,

00:59 and mobile payments

01:01 are the tools of resilience.

01:03 Without them,

01:04 the world's most vulnerable people will struggle to put food on their table

01:08 and to rebuild their lives.

01:10 This work is more urgent and more important than ever.

01:13 Now world leaders must seize this moment to make sure

01:16 people are truly realizing the benefits of going digital.

01:20 Axion is thrilled to contribute our firsthand experiences

01:23 to the World Bank's World Development Report.

01:26 I hope you'll read this report.

01:27 It's filled with insights

01:29 which are so important as we all work to build

01:31 an inclusive recovery and open opportunity for everyone.

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For the first time in our lifetimes, poverty and hunger are on the rise. As the pandemic complicates the global recovery, the disparity between wealthy and emerging nations continues to grow. And yet the pandemic has also led more people than ever before to start using digital financial tools. This creates a once-in a-lifetime opportunity for families, small businesses, and their financial service providers to emerge even stronger and more resilient. If we seize this moment, we have a chance to accelerate the creation of a much more inclusive world, and that's what we're trying to do. Axion is working to connect more people to these essential tools and empower them to build a stronger, more resilient future. The basic financial tools like savings, credit, insurance, and mobile payments are the tools of resilience. Without them, the world's most vulnerable people will struggle to put food on their table and to rebuild their lives. This work is more urgent and more important than ever. Now world leaders must seize this moment to make sure people are truly realizing the benefits of going digital. Axion is thrilled to contribute our firsthand experiences to the World Bank's World Development Report. I hope you'll read this report. It's filled with insights which are so important as we all work to build an inclusive recovery and open opportunity for everyone.

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WDR2022 TPV MichaelSchlein Draft01

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WDR2022 TPV MichaelSchlein Draft01

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