The San Salvador Consensus: the AFI network commits to responsible financial innovation 

Today at the 2024 AFI Global Policy Forum, the AFI network endorsed and published the San Salvador Consensus on Responsible Financial Innovation, a collective commitment to fostering an environment which broadens access to financial services, safeguards consumers from risks, establishes resilient digital frameworks, and supports inclusive and sustainable financial ecosystems. 

“With the launch of the San Salvador Consensus, the AFI network is pledging to fostering an inclusive, responsible and safe innovative financial environment for all,” said Dr Eliki Boletawa, AFI Director of Policy Programs and Implementation. “The Consensus will act as an accelerator for responsible financial innovation, guiding members in developing policies that promote inclusive and responsible financial innovation, and which drive positive social and economic outcomes.” 

The San Salvador Consensus becomes the latest AFI Accord, whereby members set out specific goals and targets for key aspects of financial inclusion.