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OECD governments officially recognised the importance of financial literacy in 2002 with the launch of a unique and comprehensive project. In 2008 the project was further enhanced through the creation of the International Network on Financial Education (OECD/INFE) to:
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Collect cross-comparable data and evidence
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Develop methodologies to measure impact
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Share experience and good practices
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Develop research and comparative analysis
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Design policy instruments
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Promote effective implementation and monitoring
The OECD/INFE is made up of members from 130 countries and overseen by an Advisory Board. Three key policy areas related to financial education are currently being addressed by working groups:
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Standard setting, implementation and evaluation
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Financial education and the impact of digitalisation
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Financial literacy and sustainable finance
The OECD/INFE also continues to develop and promote outputs from previous working groups, including: core competencies for financial literacy; financial education for micro, small and medium-sized enterprises; financial education for financial inclusion; national strategies for financial education; financial education for youth and in school and for women; financial education for long-term savings and investments; and financial literacy measurement.
The OECD/INFE disseminates work in a variety of ways, including by producing global and regional reports and by organising high-level seminars and roundtables and technical workshops.
This work is now fully recognised at the global level, with G20 and APEC fora successively recognising and/or endorsing a series of instruments and outputs developed by the OECD/INFE.
FIND OUT MORE
Overview of the OECD/INFE
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JOINING THE OECD/INFE
The OECD/INFE has high-level membership from close to 300 public institutions - including central banks, ministries of finance and ministries of education - in 130 countries.
The two main categories of membership are:
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Full members - public institutions with an active role in the work of the OECD/INFE and who are willing to financially contribute to INFE activities on an annual basis according to the scale presented below (the contribution is per institution and the scale takes into account countries’ income per capita and overall GDP).
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Regular members - public institutions that want to be informed about INFE activities, but are not looking to play an active role and financially contribute to the INFE.
Other membership categories are:
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Affiliate members - selected non-governmental, not-for-profit organisations with an appropriate interest in financial literacy and education. This category includes, but is not limited to, academics, consumer groups and community groups; foundations; industry associations; self- regulatory organisations and trade unions.
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Associate members - relevant international organisations with interest and expertise in financial education
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Supporters - private sector representatives
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Key partners
APPLY FOR MEMBERSHIP
Complete the online application form for full, regular, affiliate or supporter membership.
CONTACT US
Contact us at SecretariatINFE@oecd.org for more information about becoming a member, changing your membership status or participating in the activities of the OECD/INFE.
ONLINE COMMUNITY FOR MEMBERS
Click here to go to the online OECD/INFE Community if you are already a member.
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