The Banking Executive, Issue 155, November 2021

2021 G20 Rome Summit tering online abuse, hate speech, online violence and terrorism while protecting human rights and fundamental freedoms. We remain committed to protecting the most vulnerable, and ac- knowledge the G20 High Level Principles for Children Protec- tion and Empowerment in the Digital Environment, drawn from the OECD Recommendation on Children in the Digital Environ- ment and other relevant tools, such as the ITU 2020 Guidelines on Child Online Protection. 49. Financial inclusion. We reaffirm our commitment to enhancing digital financial inclusion of vul- nerable and underserved seg- ments of society, including micro, small and medium-sized enterprises (MSMEs), carrying forward the work of the Global Partnership for Financial Inclu- sion (GPFI) and implementing the G20 2020 Financial Inclu- sion Action Plan. We endorse the G20 Menu of Policy Options for digital financial literacy and fi- nancial consumer and MSME protection "Enhancing digital fi- nancial inclusion beyond the COVID-19 crisis", with the aim to provide a guide for policy- makers in their efforts to lay the ground for new financial inclu- sion strategies in the post-pan- demic world. We welcome the 2021 GPFI Progress Report to G20 Leaders and the 2021 Up- date to Leaders on Progress To- wards the G20 Remittance Target. We support the GPFI in bringing forward the monitoring of National Remittances Plans, also gathering more granular data, and strongly encourage the continued facilitation of the flow of remittances and the reduction of average remittance transfer costs. 50. Data gaps. Improving data avail- ability and provision, including on environmental issues, and harnessing the wealth of data produced by digitalization is crit- ical to better inform our deci- sions. We take note of the work done so far by the IMF, in close cooperation with the FSB and the Inter-Agency Group on Eco- nomic and Financial Statistics (IAG) towards a possible new G20 Data Gaps Initiative and we look forward to its further devel- opment. 51. Recognizing the importance of an efficient use of digital tools within public administrations, we will continue to promote agile regulatory frameworks and will provide digital public serv- ices that are human-centric, proactive, easy to use and acces- sible to all. We welcome the novel emphasis on secure, inter- operable and trusted digital iden- tity solutions that can provide better access to public and pri- vate sector services while pro- moting privacy and personal data protection. We will pursue further work on designing digital identity tools, deployable also in emergency scenarios. 52. Recognizing that sustainable in- vestment in quality digital infra- structure can greatly contribute to reducing the digital divide, we will promote universal, and af- fordable access to connectivity for all by 2025. Recognizing uni- versal, secure, affordable, ad- vanced and well-functioning digital infrastructure as an impor- tant driver for the economic re- covery, we endorse the G20 Guidelines for Financing and Fostering High-Quality Broad- band Connectivity for a Digital World, developed with the sup- port of the OECD. 53. We will enhance our efforts to ensure that our research and work forces are able to adapt their skills to the rapidly evolving digital environment and harness the potential of innovation and digital tools whilst upholding shared ethical principles and val- ues. We will also leverage com- mon digital infrastructures to promote research collaboration, open science and higher educa- tion. Firmly convinced about the crucial relevance of scientific progress in improving the lives of billions around the world and ef- fectively addressing global chal- lenges, we will also continue to ensure that scientific research, including on digital technology, is carried out in a responsible, safe, transparent, equitable, in- clusive and secure manner, tak- ing into account the risks stemming from cutting-edge technologies. 54. We welcome the transformation of the Digital Economy Task Force into a Working Group and invite our Digital Ministers to fur- ther their discussions on the dig- ital economy as appropriate. 55. Tourism. Building on the work made in 2020, we will continue to support a rapid, resilient, in- clusive and sustainable recovery of the tourism sector, which is among those hardest hit by the pandemic, with a particular focus on developing countries and MSMEs. We endorse the G20 Rome Guidelines for the Fu- ture of Tourism, and commit to take action to fulfill its objec- tives, in particular with regard to safe mobility and seamless travel and sustainability and digitaliza- tion. We will explore collabora- tion in the fields of creative economy and innovation in sup- port of tourism. To this end, we ask our Ministers of Tourism to pursue their collaboration with the OECD, the UNWTO and other relevant international or- ganizations. 56. Culture. Recalling that culture has intrinsic value, we underline the role of culture and of cultural and creative professionals and businesses as drivers for sustain- ISSUE 155 NOVEMBER 2021 the BANKING EXECUTIVE 51