income for them. enabling them to lift themselves and their children out of poverty. i am convinced that over the next decade, we can together take substantial steps towards making these sustainable development goals a reality. financial authorities contribute to financial inclusion every single organization, whether in the public sector, or the private sector, should look at how it can contribute to these sdgs with their own activities. this is also what central banks do. it is the mission of de nederlandsche bank to safeguard a stable financial system, solid financial institutions and smoothly functioning payments. as a result of our mission, we contribute to sdgs such as decent work, economic growth and good infrastructure. earlier this year we reviewed our strategy and priorities. we have now set out the way forward for the next five years. i'm sure you do the same at your organisation too. our new strategy is called dnb2025. in it, we set out how we will fully integrate corporate social responsibility, or csr, in all areas of our work. and today ’ s subject, financial inclusion, is of course a big part of csr. our new strategy means we will systematically consider the csr impact of all our activities from now on. a holistic approach is needed to effectively stimulate financial inclusion we all know how financial inclusion can empower people so they can play a fuller role in society. when we talk about financial inclusion, we apply a broad and internationally - accepted definition. financial inclusion is not just about having good access to the financial system, it is also about having knowledge of financial products, and improving financial resilience of people and businesses. we need all three of these dimensions to make the most of financial products and services. only then can we – can you – make a fairer and more inclusive world. which also strengthens financial stability on the macroeconomic level. this holistic approach is not one - size - fits - all. it varies depending on the country, culture, regions and target groups. but again, it can only be effective when all three dimensions are covered. to stress this, i ’ d like to quote the wise words of two pioneers of financial inclusion : to begin with, sri mulyani indrawati, indonesia ’ s minister of finance and former head of the world bank group : “ financial inclusion matters not only because it promotes growth. but also because it helps ensure prosperity is widely - shared. access to financial services plays a critical role in lifting people out

“ no one left behind : a holistic approach to financial inclusion ” speech nicole stolk at the seminar financial inclusion integrates the world 4 october 2019 twenty - two central banks and other financial supervisors discussed the need for a holistic approach to financial inclusion at the ‘ financial inclusion integrates the world ’ conference in amsterdam. on the second day of the programme, dnb governing board member nicole stolk delivered a speech in which she argued that wide access, good understanding and financial resilience are the basis for turning knowledge into smart behaviour and responsible use of financial products and services. in particular, consumers must be able to cope in an increasingly digital world. while digitisation is an excellent way to connect people, there is always the danger that people with low digital literacy cannot keep up. sdgs : guiding principles for financial inclusion today is already the last day of our seminar on financial inclusion. so now i want to share some observations with you about the progress we have made on this subject. i would like to discuss this from an international perspective. but also with a focus on the netherlands. imagine it ’ s the year 2030 : the seventeen un sustainable development goals have been achieved. all seventeen of them. imagine how our world would be then. no poverty. zero hunger. all people equal. no more climate crisis. and the 1. 7 billion adults, who in 2017 had no access to financial services. they now all enjoy the benefits of a bank account. they can get microcredit for their businesses. they have peace of mind with insurance. it is a better world for everyone. and a much better world for central banks and other financial authorities. because supervision and macroeconomic stability should not be our only focus. we also need to turn our attention to the other major challenges of the day : the digital revolution, safeguarding data privacy, the changing climate. everything we can do to help make our world a more sustainable place. for central bankers – but for everyone else here too – the sdgs are an excellent blueprint for achieving this sustainable world. financial inclusion is featured as a target of eight of the seventeen sustainable development goals. for example, quality education, robust infrastructure and decent work for everyone. financial inclusion has a big role to play in achieving the sdgs. it helps the poorest of the poor. for example, digital financial inclusion has given many women in remote rural indian communities access to a bank account and microcredit. it unlocks new sources of