2024.05.23
On May 9, the Japan International Cooperation Agency (JICA), together with the G7 countries’ development finance institutions*, announced a joint statement on coordinated responses to compound global crises, including climate change and food security.
This joint statement aims to foster collaboration through financial and investment channels, mobilizing private funds, between G7 public development banks (PDBs), development finance institutions (DFIs), and other international partners. With particular emphasis on Africa and other developing regions, it will promote initiatives including climate change mitigation, quality infrastructure development, food security, support for Ukraine, and the Impact Investment Initiative (Triple I) for Global Health led by Japan and endorsed at the G7 Hiroshima Summit.
The G7 Development Finance High-Level Dialogue
Under this joint statement, JICA will continue to further collaborate with development partners and contribute to the advancement of developing regions towards the realization of a sustainable world.
* Participating institutions of the joint statement:
• Agence Française de Développement (AFD)
• Société de Promotion et de participation pour la coopération économique (PROPARCO; AFD Group subsidiary)
• British International Investment (BII)
• Cassa Depositi e Prestiti (CDP)
• Development Finance Institute Canada (FinDev Canada)
• Japan Bank for International Cooperation (JBIC)
• Japan International Cooperation Agency (JICA)
• Kreditanstalt für Wiederaufbau (KFW)
• U.S. International Development Finance Corporation (USDFC)
• European Investment Bank (EIB)
• European Development Finance Institutions (EDFI)
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