Concluding Remarks Today I have talked about how new technologies can contribute to tackling global challenges such as environmental protection and financial inclusion, and what role the public sector can play. As stressed by Schumpeter about 100 years ago, innovation is driven by entrepreneurs. However, the public sector can play an important role as well in tackling modern global challenges related to the SDGs.
Several if not most of you assembled here are now offering payment services albeit mostly in the pre-paid payment instrument category. Nascent as your efforts are it is viewed by us in the Reserve Bank as a welcome and positive beginning in our long haul towards a less-cash society.