Backgrounder: Canada announces more than $87 million in funding to strengthen climate action and economies during International Development Week
February 5, 2025
Ottawa, Ontario – Today, the Honourable Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada, announced more than $87 million in funding to support climate action and economic development in developing countries. This announcement was made during International Development Week, which runs from February 5 to 11, 2025.
Climate action
The Government of Canada is committed to working with its partners to address the global climate crisis. Today’s announcement includes $50 million for the Climate Action for the Least Developed Countries Fund, which will support projects that help the most vulnerable countries adapt to and mitigate the effects of climate change.
Economic development
The Government of Canada is also committed to supporting sustainable economic development in developing countries. Today’s announcement includes $37 million for the Women’s Economic Empowerment Fund, which will support projects that promote women’s entrepreneurship and leadership in developing countries.
Partnerships
The Government of Canada is working with a variety of partners to deliver these programs, including the United Nations Development Programme, the World Bank, and the Canadian Council for International Co-operation.
Quotes
“Climate change and economic inequality are two of the most pressing challenges facing our world today,” said Minister Sajjan. “Today’s announcement is a significant step forward in our efforts to address these challenges and build a more just and sustainable future for all.”
“The Climate Action for the Least Developed Countries Fund will provide much-needed support to the most vulnerable countries as they work to adapt to and mitigate the effects of climate change,” said UNDP Administrator Achim Steiner. “This funding will help these countries build resilience and protect their citizens from the impacts of climate change.”
Background
International Development Week is an opportunity to celebrate Canada’s contributions to international development and to raise awareness about the importance of global cooperation. The theme of International Development Week 2025 is “Climate Action and Economic Recovery.”
For more information, please contact:
Media Relations Office Global Affairs Canada 343-203-7700 media@international.gc.ca Follow us on Twitter: @CanadaDev Like us on Facebook: CanadaDev
Backgrounder: Canada announces more than $87 million in funding to strengthen climate action and economies during International Development Week
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