Canada commits US$8million to World Bank's Childcare Incentive Fund

Canada, alongside Australia and the United States, launched a new program, the Childcare Incentive Fund, together with the World Bank and foundation partners to support quality, affordable childcare in low- and middle-income countries.

The fund will catalyze at least US$180 million in new funding in the next 5 years to support childcare in low and middle-income countries and provide evidence on the impacts of quality childcare on women’s empowerment. The Fund will match country investments in childcare on a $1:$1 basis, up to US$10 million per country. Canada has committed up to CA$10 million (US$8 million) thus far.

Press release - The World Bank