field of ideas and the commitments we make for searching consensus ensure that the results of our work are even better, more robust, and policy - oriented. in closing, i wish us all a productive and successful meeting. as we engage in fruitful deliberations over the coming days, i am sure that fortaleza, with its receptive and warm people, vibrant culture, rich history, and stunning coastline, will provide an inspiring backdrop for our discussions. thank you. 3 / 3 bis - central bankers'speeches

with the implementing partners, through collaboration, research, and innovative solutions, we can break down barriers and contribute effectively to creating an inclusive, sustainable financial ecosystem where individuals, households, and businesses achieve financial resilience, stability, and better financial well - being. to achieve these goals, this year, the gpfi has been working on three important and challenging deliverables. first, let's look at the case of preparing a new action plan for financing micro, small and medium - sized enterprises. while we seek to reducing the financing gap for these enterprises, we need to work on removing constraints to their access to financing. this includes addressing the misleading perception of higher risk associated with them, ensuring the suitability of financial products and services to their specific needs, and improving the availability of reliable data. overcoming these challenges requires joint efforts from governments, financial institutions, and entrepreneurs. second, in the case of financial inclusion, after having made significant progress for individuals and households, we know how increasingly challenging it is to reach the last mile, even with the new technologies available. the advance towards last - mile inclusion requires significant efforts in research to understand these segments in depth, their context, and their needs. it requires even more innovation - not just technological innovation - to ensure that this inclusion is of high quality, meeting their needs in an assertive and affordable way. this means delivering financial products and services responsibly and with robust consumer protection in place. achieving all of these is not trivial. third, on the financial well - being deliverable, i truly believe in the importance of this achievement for the future of financial inclusion. thinking about our policies from the perspective of their ultimate results is always more challenging. hence, having financial well - being as a guide for financial inclusion initiatives is essential if we seek effectiveness and quality in our efforts toward a more inclusive financial future. therefore, i am very glad to hear that the financial well - being subcommittee has made enormous progress on establishing a working definition and a preliminary conceptual framework for financial well - being. an outcome only possible, i was told, through the collaborative efforts of our implementing partners, subcommittee country members, and her majesty, queen maxima herself. 2 / 3 bis - central bankers'speeches for all these achievements, the immense value of collective work cannot be overstated. i know that in such a large and heterogeneous group, discussions can be long, tiring, and heated. i am also sure that these conflicts in the