GMW2021 is organised with the support of the Italian G20 Presidency
We are so excited to announce that the next GMW will take place on 22-28 March 2021, in compliance with national COVID-19 health safety regulations. We invite all of you to join!
GMW2021 theme is ‘Take care of yourself, take care of your money.’ Learn more about the official theme and slogan ‘Learn.Save.Earn.’ here.
Global Money Week 2021 may be different from how it was organised in the past due to the challenges brought about by the COVID-19 pandemic. At the same time, it is now more important and relevant than ever to continue and enhance conversations with children and young people around money issues, so that they can feel confident in their skills and knowledge about managing financial matters. We encourage everyone to be active during the GMW, while at the same time to be safe and prudent and put the health of those involved in GMW activities ahead of anything else.
When organising GMW2021, please make sure to:
- Respect the national and local safety guidelines related to COVID-19.
- Prioritise digital interaction when in person activities are not recommended.
What is Global Money Week (GMW)?
GMW is an annual global awareness-raising campaign on the importance of ensuring that young people, from an early age, are financially aware, and are gradually acquiring the knowledge, skills, attitude and behaviours necessary to make sound financial decisions and ultimately achieve financial well-being and financial resilience.
It is organised by the OECD International Network on Financial Education (OECD/INFE).
How does Global Money Week Campaign work?
In brief, organisations across the world organise their own GMW events during the Week, and share news, photos and information with the GMW Secretariat. News of all these activities are linked to each other via social media, and the GMW website.
How to plan Global Money Week in your country?
- Explore GMW website for country overviews, available resources and inspiring ideas for your GMW.
- If you are a public institution that is already an OECD/INFE full or regular member, you may take the lead of GMW in your country, identifying goals you wish to achieve, engaging partners you wish you collaborate with, and coordinating the activities of all stakeholders in your country.
- If you are not a public institution or not an OECD/INFE full or regular member, check if there is one in your country and get in touch with them so that you can all coordinate to achieve higher impact.
- If there is no OECD/INFE full or regular member institutions in your country, but your institution would like to join, get in touch with our team, so that we can support you through the process.
- Collaborate with a range of organisations and institutions to plan GMW branded events and activities. Share your plans with the GMW Secretariat!
GMW national coordinators
GMW national coordinators are full or regular OECD/INFE members. In countries where no OECD/INFE full or regular member exists, public authorities are invited to take the leading role in the coordination of the GMW campaign. GMW national coordinators are expected to carry out the following tasks, if possible and appropriate, according to national circumstances:
- Ex-ante coordination: identifying GMW initiatives planned in the home country by public, private and non-profit institutions, encouraging coordination among involved parties, and reporting expected GMW activities in the country to the GMW Secretariat through the pre-form;
- Promoting participation in GMW at country level, by encouraging potentially interested institutions to join;
- Being the focal point at country level for information requests by interested or participating institutions about GMW and for communications with the GMW Secretariat;
- Liaising and communicating with private sector participants, if any, to clarify that their initiatives should not contain commercial messages;
- Ex-post coordination: collecting information about activities implemented during the GMW in the home country and reporting back to the GMW Secretariat through ex-post forms.
High-level guidance on the involvement of the private and not-for-profit sector in GMW
Participation of private and not-for-profit stakeholders in Global Money Week should:
- Be aligned and coordinated with public authorities-led strategies and programmes. Participation through national industry associations or self-regulatory bodies may be preferable to individual organisations’ participation;
- Comply with principles or codes of conduct on the involvement of private and not-for-profit stakeholders in financial education, where such principles or codes of conduct exist;
- Clearly avoid commercial activities, ensuring there is no promotion of specific financial products and/or services aimed either at young people or their parents, tutors etc.;
- Leverage and use financial literacy programmes or educational resources that are impartial, objective, of high quality and fair.
How do we support you to organise your Global Money Week?
We support you in the following ways:
- Developing resources that can help plan your Week (toolkit, brochure, GMW logos, etc.) See more at ‘Resources’ section on the website.
- Exploring ideas and offering advice to help you run a successful GMW.
- Linking you to national coordinators, or other partners in your country and worldwide.
- Organising webinars prior to GMW2021 to share GMW updates and resources and meet other participants.
- Organising regional and global launches.
- Collecting data from participants all over the world to generate GMW Reports with country highlights.
Is there a fee to take part?
Absolutely not! All that we ask from you is that you keep us updated on your Global Money Week activities.
Why is it important to teach children and youth about money matters from a young age?
It is important that children and young people develop sound financial habits, knowledge, attitudes, and behaviours from a young age to know how to manage their personal finances throughout their lives and be empowered to make better financial decisions for their future. The OECD Recommendation on Financial Literacy encourages governments and other stakeholders “to develop financial literacy from the earliest possible age” on topics and through channels that are appropriate to the age of the learners.
What is the goal of Global Money Week?
GMW promotes efforts aimed at improving financial literacy of young people. The ultimate goal of GMW is to ensure that all children and youth have access to high-quality financial education, they learn about money matters and are able to take smart financial decisions that can improve their future financial resilience and financial well-being.
When is Global Money Week?
GMW is held in March each year. GMW2021 will take place on 22-28 March 2021!
Who can participate?
All national and international stakeholders can join GMW, including public institutions (ministries of finance and education, central banks, financial regulatory authorities and so on), financial institutions and their associations, civil society organisations, youth associations, universities and schools, education and health professionals, parents and any organisation that may play a role in ensuring that young people become financially literate. Find out more here .
Where is Global Money Week happening?
Everywhere, online and offline! GMW is an international campaign, with many events, activities, projects, launches and competitions organised by over 170 participating countries globally. Click here to see where GMW has taken place in the past.
What happens during Global Money Week?
During GMW, public, private and not-for-profit organisations work together to organise different types of activities for children and youth to spark excitement around financial education through:
- online activities, drawing, photo, essay and video contests, online financial education workshops, online financial education escape rooms or other exciting activities on financial education and money matters;
- visits to banks, parliaments, central banks, stock exchanges, currency exchanges, money museums, local businesses, and global corporate companies;
- financial workshops and sessions;
- financial education fairs, open market events, financial literacy rallies;
- financial education games and savings competitions, financial football matches;
- drawing, photo, essay and video contests
More activity ideas can be found here.
Global Money Week over the years
The number of participating countries* has grown since the initiative launched in 2012:
- 2019 – 152 countries
- 2018 – 151 countries
- 2017 – 137 countries
- 2016 – 132 countries
- 2015 – 124 countries
- 2014 – 118 countries
- 2013 – 80 countries
- 2012 – 21 countries
*including overseas territories
Who is the organiser of Global Money Week?
GMW is organised by the OECD International Network on Financial Education (OECD/INFE).
OECD/INFE brings together public authorities from around the world to collect evidence on financial literacy and develop policy analysis on financial education. OECD/INFE methodology and high-level principles on financial education have been endorsed in international fora like the G20 and APEC. Members meet twice a year to share experiences, discuss strategic priorities and develop policy responses.
Public authorities are welcome to become full or regular members of the OECD/INFE. Read more about OECD/INFE membership here.
Where can you learn more about Global Money Week?
Seven GMW Reports have been published since 2013! These Reports will provide you with an overview of activities and events that took place in different countries around the world. They are full of fantastic ideas of how children and youth, communities and countries around the world have taken part in GMWs.