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savings groups, training, and mentoring. Ms. Philippa Frankl, Executive Director, Street Kids International UK, stressed listening and responding according to the needs of vulnerable youth populations is best done through informal settings with the help of local partner organizations. Educational materials and teaching tools should be innovative and adapted to the local context and the population that they are serving. Ms. Marleen Hasselerharm, Director, ICS – Investing in Children in Societies, noted the importance of discussing with parents about basic needs and how to ensure their children receive them by strengthening local facilities for child protection and building on local entrepreneurship possibilities. Mr. Mustafa Ozer, Project Coordinator, Habitat Center for Development and Governance (Youth for Habitat), reiterated the need to listen to youth, especially those living outside major centers, through youth representatives and councils. Mr Ozer also discussed how teachers can address financial education topics effectively with their students.

Key outcomes • It is important to use new means of communication when attempting to reachchildren and youth in rural areas (i.e.: mobile banking) • There is a strong consensus to listen to children/youth, building trust and confidence while using simple language • A working group specifically devoted to vulnerable children should be set up focusing on activities such as entrepreneurship and forming a national network of different stakeholders to communicate with ministries of education to ensure the voices of vulnerable children are heard • Follow up with how money can be connected with the entrepreneurial world, as well as supporting the small businesses of school drop-outs

IDEAS LAB: KEY OUTCOMES • C  ross-sector collaboration between CYFI partners (public and private, financial and civil society sectors, researchers and field experts), with the task of regulating Child and Youth Friendly Banking Products and financial/social/livelihoods education programs is needed • More attention should be paid to reaching a large number of children and youth especially in rural areas through formal and informal education programs • Greater care should be taken to use more suitable and innovative means to reach out to children and youth (social media, lively advertising etc.) • There is a need to measure the impact of programs and policies through more longitudinal studies and more collaboration between research programs

Children And Youth Reshaping The Future Of Finance

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2012 - The First Annual Child and Youth Finance International Summit & Awards Ceremony 2012  

The report provides an overiew of the sessions and outcomes of CYFI's first International Summit and Awards Ceremony held in Amsterdam from...

2012 - The First Annual Child and Youth Finance International Summit & Awards Ceremony 2012  

The report provides an overiew of the sessions and outcomes of CYFI's first International Summit and Awards Ceremony held in Amsterdam from...