Providing sufficient savings structures

Improving savings institutions
Enhancing services for saving

Description

Providing sufficient savings structures involves establishing accessible, reliable mechanisms—such as savings accounts, cooperatives, and microfinance institutions—that enable individuals and communities to securely accumulate and manage financial resources. This strategy addresses barriers to financial inclusion, reduces vulnerability to economic shocks, and empowers people to invest in health, education, and enterprise. By remedying the lack of safe, formal savings options, it fosters economic resilience and supports sustainable development at both individual and collective levels.

Implementation

This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities.