G7 countries commit US$3 billion to education for women and girls in crises

At the G7 Summit held in Charlevoix, Quebec from June 8-9, 2018, Canada, the UK, the EU, Germany, Japan, and the World Bank committed US$3 billion to invest in women and girls’ education in crisis and conflict situations. This commitment will, among other things, support innovative methods to provide education to vulnerable and hard-to-reach groups, including refugees and displaced people, and support developing countries to provide opportunities for girls to complete at least 12 years of quality education.

With a commitment of US$2 billion (over five years), the World Bank is the largest contributor, followed by Canada (US$350 million) and the United Kingdom (US$250 million). The money raised exceeds the US$1.3 billion a global coalition of 30 humanitarian and development organizations has been calling for. The Canadian government said the commitments represented "the single largest investment in education for women and girls in crisis and conflict situations", and that the proposed investment could help to educate more than eight million children and teenagers.  

Press release – Prime Minister of Canada’s Office

France and Canada sign joint action plan for international development

French President Emmanuel Macron and Canadian Prime Minister Justin Trudeau have signed a joint action plan for cooperation in international development activities. The action plan determines that both countries will develop joint projects and instate an annual dialogue between both Ministries of Foreign Affairs, as well as the French Development Agency (AFD). They will also pursue common positions within multilateral organizations and meetings, such as the United Nations, the Organization for Economic Cooperation and Development, the Francophonie, the G7, and the G20.

The plan prioritizes the following issues: climate change, education (with a focus on girls' education and in crisis contexts), innovation (in projects and financing mechanisms), and gender equality, including women's economic empowerment, peace and security, nutrition, and sexual and reproductive health and rights, noting that France will host the Global Fund to Fight Aids, Tuberculosis and Malaria replenishment conference in 2019. 

Action plan - Ministry of Foreign Affairs (in French)

Canada launches initiative to promote private investment in global development

On the margins of the meetings of the G7 Finance and Development Ministers and Central Bank Governors in Whistler, Canadian Minister of Finance Bill Morneau and Minister of Environment and Climate Change Catherine McKenna launched an initiative to work with private-sector actors to solve global development challenges. Led by the Caisse de dépôt et placement du Québec and the Ontario Teachers' Pension Plan, the initiative will look to tackle the biggest challenges to growth, including gender inequality in capital markets, the global infrastructure gap, and financial risks posed by climate change.

News release – Department of Finance Canada


Canada pledges CAD79.2 million to empower women and girls in the Americas

Through the funding of nine separate projects, Canada's government announced a total of CAD79.2 million (US$62 million) to improve the lives of women and girls in the Americas. Under the strategic objectives of its Feminist International Assistance Policy, the diverse set of projects will target sexual and reproductive health rights, gender-based violence, water security for vulnerable populations, and increasing the incomes of smallholder farming families, particularly woman farmers. The projects will be implemented by a variety of Canadian and international NGOs, as well as UN partners.

News release – Global Affairs Canada


G7 Finance Ministers and Central Bank Governors pledge to work toward inclusive economic growth

Following the G7 Finance Ministers and Central Bank Governors’ meeting in Whistler, Canada’s Minister of Finance, Bill Morneau, and Stephen Poloz, Governor of the Bank of Canada, released their summary from their chairmanship.  Touching upon inequality, the summary addressed the need to focus international efforts on skill development through education and the eradication of child poverty.  Their statement also touched upon full economic participation for men and women and closing the gender wage gap.  

 Chair’s Summary - G7 Finance Ministers and Central Bank Governors’ Meeting


Chair’s Summary from G7 Development Ministers’ Meeting highlights Canada’s focus on women and girls

Following G7 meetings May 31-June 2 in Whistler, Minister Marie-Claude Bibeau, Canada’s Minister of International Development and La Francophonie, released a summary highlighting their focus on women and girls. With a theme of investing in inclusive growth, the meetings highlighted the G7’s desire to empower adolescent girls, tackle sexual exploitation and abuse, focus on gender equality in humanitarian action, and to accelerate innovation for development impact. While each of these desires were codified in declarations, Canada did not announce any new funding to directly support these initiatives.

 Chair’s Summary - G7 Development Ministers’ Meeting


Canada begins consultations on gender equality parnership

Marie-Claude Bibeau, Minister of International Development and La Francophonie, has announced funding of up to CAD300 million (US$235 million) for a new initiative that will leverage and expand innovative partnerships with the philanthropic community, and the private sector to support gender equality in developing countries. The announcement is the first step towards the partnership's creation. Consultations with civil society, the private sector, and the philanthropic community will follow.

Press release – Global Affairs Canada


Canada pledges CAD300 million to Rohingya crisis response

In response to the report on the humanitarian crisis for Rohingya in Bangladesh and Myanmar submitted by the Prime Minister’s Special Envoy to Myanmar's in April 2018, Prime Minister Justin Trudeau has announced that Canada will commit CAD300 million (US$235 million) over three years to meet the region’s humanitarian and stabilization needs. The funding will focus on initiatives that promote human rights, gender equality, human dignity, and peace and security. 

The report had initially suggested that Canada pledge CAD600 million (US$470 million) over four years to the crisis, prompting the Special Envoy to comment that the CAD300 million commitment will provide crucial immediate funds but that more must be done by Canada and other countries.

Press release – Office of the Prime Minister

News article -  CBC


FinDev Canada and CIDP release report on role of DFIs as mobilizers of development finance

FinDev Canada, Canada’s new development finance institution (DFI), and the Canadian International Development Platform (CIDP) have released a report from the stakeholder meeting they co-hosted in Montreal on March 18, 2018.  The report focuses on discussions regarding the role for DFIs as mobilizers of capital, how DFIs need to make markets and shape incentives, the importance of transparency in the attribution process, and how data will influence the future of DFI business. 

The event was led by the Managing Director of FinDev Canada and the Principal of CIDP, with important contributions from thinkers from the Center for Global Development, the International Finance Corporation, Dalberg Advisors, and Steward Redqueen.    

Report - CIDP


Canada announces CAD5 million in humanitarian assistance for Venezuela crisis

Canada’s Minister of Foreign Affairs, Chrystia Freeland, announced that Canada will contribute CAD5 million (US$4 million) in humanitarian assistance as a response to the deepening crisis in Venezuela. The funding will focus on food security, access to clean water, and sanitation. It will be split between the World Food Programme (WFP) and Action Against Hunger in Colombia, as well as the UNHCR and the UN Office for the Coordination of Humanitarian Affairs. The assistance will not only target issues in Venezuela, but also the spillover effects into Brazil, Colombia, Ecuador, Peru, and the South Caribbean.  

News release – Global Affairs Canada