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G7 Countries Release Joint Statement with Development Finance Institutions: Cooperation in Responding to Complex Crises | News & Media

Posted on 2024-05-152024-06-07 by Editor in Chief

On May 9, the Japan International Cooperation Agency (JICA), together with development finance institutions from the G7 countries*, released a joint statement to the effect that they will work together to respond to complex global crises, including climate change and food security.

This Joint Statement promotes collaboration through finance and investment by G7 development finance institutions and others in Africa and other developing regions in response to climate change, quality infrastructure, food security, support for Ukraine, and the Impact Investment Initiative for Global Health that Japan led in launching at the G7 Hiroshima Summit. The G7 development finance institutions and others will promote collaboration through finance and investment, while encouraging the mobilization of private-sector funds.

Under this joint statement, JICA will continue to promote cooperation with development partners and contribute to developing regions in order to realize a sustainable world.

(Note: Participating organizations in the Joint Statement: Agence Française de Développement (AFD), PROPARCO, BII, CDP, FinDev Canada, KfW, USDFC, EIB, EDFI, JBIC, and JICA. (USDFC), European Investment Bank (EIB), European Development Finance Institutions Association (EDFI), Japan Bank for International Cooperation (JBIC), and JICA.)

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