Established in December 2021 and co-chaired by Afsaneh Beschloss and William C. Dudley, the Future of Finance Working Group convenes leaders in the private, public, and multilateral sectors to discuss and evaluate emerging trends, challenges, opportunities, and ideas within the realm of global finance.
This Working Group aims to:
- Evaluate emerging trends and disruption occurring across the global financial services landscape
- Enhance dialogue and collaboration among private, public, and multilateral financial actors
- Consider prudent financial practices, policies, and opportunities for regulatory harmonization
- Encourage international financial institutions (IFIs) and their member governments to promote open and integrated markets, international commerce and trade, and investment and growth opportunities
The FFWG currently has two project teams: Digital Finance and Climate and Energy Transition Finance
Digital Finance Project Team
The FFWG Digital Finance Project Team (DFPT), led by William C. Dudley and Carolyn Wilkins, will publish a series of policy briefs analyzing the benefits of digital finance technologies and making recommendations on how to effectively regulate digital currencies and crypto assets without stifling innovation.
Brief I - State of Play in Crypto Markets: Opportunities and Dangers
By: William C. Dudley
Brief II - Emerging Crypto Ecosystem and Positive Use Cases
Brief III - DeFi Technology: Opportunities and Challenges
Brief IV - Investor Protection, Market Integrity, and Financial Stability in Digital Finance
Brief V - Governance Issues in the Crypto Ecosystem
By: Carolyn Wilkins and Richard Berner
Brief VI - Deep Dive: Investor Protection and Market Integrity
Financial Times: The DeFi world faces a jarring transition
By: Jonah Crane
Brief VII - Security Issues with Crypto - AML/BSA/CFT
Brief VIII - Central Bank Digital Currencies
Brief IX - Crypto and the International Monetary System
Climate and Energy Transition Finance Project Team
The FFWG Climate and Energy Transition Finance Project Team (CETF), led by Afsaneh Beschloss and Creon Butler, will explore how to best mobilize the financing required (public, private and multilateral) to achieve net zero.
The CETF has defined their overall objectives and scope of work in a concept note and are well underway with their first brief examining the role of MDBs in providing public climate finance.
Brief I - The Role of Multilateral Development Banks in Closing the Climate and Energy Transition Finance Gap
Brief II - The role of the wider economic system in boosting public and private climate finance
Brief III - Debt distress and the role of China
For further information or to get involved in the FFWG, please contact [email protected].