Among the many benefits trumpeted by evangelists for central bank digital currencies, one in particular, cited by enthusiasts in advanced and emerging economies alike, is coming increasingly to the fore. This is the supposed ability of CBDC to promote financial inclusion. But financial exclusion is often rooted in poverty, lack of education and other physical and social disadvantages that need to be addressed via different policy tools.
 Gilt investors take fright at record borrowing By Burhan Khadbai To say that the UK Debt Management Office is under pressure is an understatement. It is having to borrow record amounts at a time when the Bank of England is about to start selling its own stock of gilts after putting a halt to purchases.Â
 MEETINGS Blockchain and the future of ESG investing Wednesday 12 October, Roundtable OMFIF, in collaboration with EY, convenes a roundtable to discuss the application of blockchain technology to the green and social bond markets. Â
 ON DEMAND  Lessons learned from the first retail CBDC deployments Algorand, a blockchain company and central bank digital currency platform, joins Lewis McLellan, the Digital Monetary Institute’s editor, to discuss the latest trends in CBDC development and their 2022 report, ‘Issuing Central Bank Digital Currency on Algorand’.Â
 LATEST REPORT Sustainable Policy Institute Journal In the summer edition of the journal, contributors lay out why the ‘S’ in ESG is becoming a priority for investors and why social and human rights issues are taking centre stage.
