Discover How Mobile Money Is Helping Reach Sustainable Development Goals
This week is #GlobalGoals week and the United Nations (UN) is calling for collaboration from the public, by raising awareness, and also from businesses, who can help reach SDGs with support, research and also innovation. “Governments must take the lead in living up to their pledges,” says UN Secretary General Ban-Ki Moon. “At the same time, I am counting on the private sector to drive success.”
SGD 1: NO POVERTY "End poverty in all its forms everywhere"
Financial inclusion is a barrier for millions of people to enter the formal economy and benefit from services such as loans, credit and more affordable ways to transfer money both domestically and internationally as remittances. Peru's National Bank Association (ASBANC) partnered with Ericsson to deploy a national mobile money platform designed to encourage financial inclusion for all its citizens, regardless of their economic stability or location. The agreement aims to reach more than five million Peruvian by 2021 and includes systems integration, learning services, managed services and support. After much work and close collaboration, the first multi-stakeholder wallet of its kind was launched in February this year. Discover more about the ASBANC collaboration.
Another example is that of Easypaisa in Pakistan who chose Ericsson to accelerate and increase the availability of mobile money services for the country’s citizens. “This new platform will allow us to offer the best possible services,” says Michael Foley, CEO of Telenor Pakistan. “…likely to 30, 40, 50 or 60 million people in Pakistan.” Learn how Ericsson is enabling financial inclusion in Pakistan.
SDG 5: GENDER EQUALITY "Achieve gender equality and empower all women and girls"
On the Ericsson Mobile Financial Services blog we have written a great deal about gender equality and the potential mobile financial services have to support women and girls. Don’t miss the report Ericsson produced along with The Earth Institute, Columbia University: How Information and Communications Technology Can Accelerate Action on the Sustainable Development Goals.
SDG 6: CLEAN WATER & SANITATION "Ensure availability and sustainable management of water and sanitation for all"
We joined forces with Grundfos to offer an integrated solution that improves access and payments for drinking water. Our collaboration was announced this week and ensures easy connection of mobile wallet providers and water service providers, to simplify access for the end consumer. Learn about this partnership in the press release.
SDG 8: DECENT WORK & ECONOMIC GROWTH "Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all"
Rwanda moves steadily towards its vision of becoming an information-rich and knowledge-based society. In this partnership with the government, Ericsson will be a trusted advisor, systems integrator, and implementation partner for the solutions and services required in the development and launch of the SMART Rwanda initiative. Want to know more about how we are implementing solutions for Smart Rwanda? Click here
SDG 17: PARTNERSHIPS FOR THE GOALS "Strengthen the means of implementation and revitalize the global partnership for sustainable development"
As part of our commitment to the creation of a mutually supportive, transparent mobile money ecosystem, we are constantly coming up with new ways to create value for the entire value chain. Now, as part of our latest offering, the reach of individual mobile wallet services internationally has been given a dramatic boost with the new Ericsson Interconnect Solutions, which have interoperability at their core.
Please share this post with your network and help us support #GlobalGoals week by driving discussions, partnerships and innovative solutions that empower people, business and societies everywhere!