Highlights of day 1 High-level Global Symposium Implementing effective financial literacy policies in a changing financial landscape 8-9 Dec Nov 2017 – New Delhi, India

IMPLEMENTING EFFECTIVE FINANCIAL LITERACY POLICIES IN A CHANGING FINANCIAL LANDSCAPE

IMPLEMENTING EFFECTIVE FINANCIAL LITERACY POLICIES IN A CHANGING FINANCIAL LANDSCAPE SETTING THE SCENE SESSION 1.1: challenges and opportunities of DFS / FE Lack of consumers understanding of risks, new types of fraud, risk of exclusion for some parts of the population (elderly, rural…) But also opportunity for FI and FE to reach new (and larger) target audience at lower cost… While keeping in mind need for combination btw digital/human channels, to remain up to date and keep neutrality KEYNOTE ADDRESS BY DIEGO LOMBARDO: G20 Argentina’s priorities and future work of GPFI G20 / OECD Report on Ensuring financial education and consumer protection for all in the digital age

NATIONAL STRATEGIES FOR FINANCIAL EDUCATION IMPLEMENTING EFFECTIVE FINANCIAL LITERACY POLICIES IN A CHANGING FINANCIAL LANDSCAPE NATIONAL STRATEGIES FOR FINANCIAL EDUCATION SESSION 1.3: data as a key element to Look beyond averages and rankings Learn about knowledge… but also attitudes and behaviours Identify needs of the overall population and of specific groups Identify problematic areas Feed into the design/revision of NS Raise attention of other authorities / parts of government OECD/INFE toolkit to measure financial literacy and financial inclusion OECD /INFE reports with results on financial literacy levels around the world and in G20 members PISA financial literacy assessment

NATIONAL STRATEGIES FOR FINANCIAL EDUCATION IMPLEMENTING EFFECTIVE FINANCIAL LITERACY POLICIES IN A CHANGING FINANCIAL LANDSCAPE NATIONAL STRATEGIES FOR FINANCIAL EDUCATION SESSION 1.2: the importance of a multi-stakeholder approach. Lessons from India and around the world on how to leverage all stakeholders (and the financial sector - while ensuring neutrality) SESSION 1.4: lessons learnt on implementing and evaluating NS: Measures/objectives: setting measurable objectives, tracking progress (qualitatively and quantitatively), identifying NS impact Stakeholders’ involvement and coordination: building trust, ownership and partnership (and working with the ministry of education) Barriers and unintended consequences It’s a long journey… OECD/INFE High-level Principles on National Strategies for Financial Education Policy handbook on the implementation of national strategies OECD/INFE guidance on private and not-for-profit stakeholders in financial education

IMPLEMENTING EFFECTIVE FINANCIAL LITERACY POLICIES IN A CHANGING FINANCIAL LANDSCAPE EFFECTIVE DELIVERY KEYNOTE BY SANDIP GHOSE/NCFE and recurring theme: how to deliver FE to 1,3 billion people, in 22 languages, with half of the population under 25 TARGETING SPECIFIC AUDIENCES (DIGITALLY) Women: address by Usha Thorat. Not only targeted programmes but broader cultural issue. Children/young people/schools: recurring theme …more on young people, workplace, elderly, investors: session 2.1 and 2.2 today EVALUATION: Cross-cutting theme (UK, Brazil, posters). Address by J-Pal today. OECD/INFE Policy guidance on women’s needs for FE OECD/INFE framework on investor education … youth … and other vulnerable groups OECD/INFE HLP and guides on evaluation Forthcoming evaluation database

…AND BEYOND: FINANCIAL LITERACY AND FINANCIAL EDUCATION AS PART OF IMPLEMENTING EFFECTIVE FINANCIAL LITERACY POLICIES IN A CHANGING FINANCIAL LANDSCAPE …AND BEYOND: FINANCIAL LITERACY AND FINANCIAL EDUCATION AS PART OF Financial consumer empowerment trilogy: FE/ financial inclusion and financial consumer protection Sustainable and inclusive economic growth Social justice (ILO) Financial stability (Ravalo)

(…and let us know what you think) ENJOY THE REST (…and let us know what you think) www.oecd.org/finance/financial-education www.financial-education.org