Advancing financial education globally is key to reducing inequality and building fairer, more sustainable economies.
The Banco de España is involved in a range of international organisations, initiatives and fora that address financial education issues from a global perspective.
International Network on Financial Education (INFE-OECD)
Founded by the OECD in 2008, the INFE promotes international cooperation on financial education issues.
It currently has members from over 130 countries.
The Banco de España actively participates in several working groups under the INFE umbrella.
European System of Central Banks
In March 2025 the President of the ECB and several ESCB central bank governors pledged to set up a financial literacy network comprising the national competent authorities of EU States, including their national central banks.
The network’s objectives include closing the gender gap and reinforcing financial education at key life stages, along with compiling, integrating and harmonising the national financial literacy data.
Joint Committee of European Supervisory Authorities
The Joint Committee promotes coordination across Europe’s banks, insurers and securities markets in financial education, with a particular focus on digitalisation.
Its key initiatives include awareness campaigns on financial risks, the publication of accessible educational materials and collaboration with national authorities to support education strategies.
European Commission
For the European Commission, financial education is essential for the life and well-being of citizens. In a Communication addressed to the European Parliament, the Council, and the Economic and Social and Regional Committees, the Commission highlights the importance of adopting a strategy for financial literacy aimed at empowering citizens to make informed decisions about their personal finances, promoting financial inclusion, and strengthening economic resilience.
The strategy is based on four pillars: coordination and the collection and exchange of best practices among Member States, the implementation of communication and awareness campaigns, the monitoring and evaluation of the effectiveness of actions, and the adoption of measures for the financing of financial education initiatives.
