G7: Canada Joins Partners for Over $7 billion to Support Women and Girls Worldwide
Jun 9, 2018
OTTAWA – International humanitarian organization CARE Canada would like to congratulate the Government of Canada for spearheading efforts with G7 and international partners to provide new opportunities for women and girls worldwide.
On the second day of the G7 Leaders’ Summit in Charlevoix, Quebec, more than $7 billion in initiatives were announced for women and girls facing crisis or conflict with education support along with assistance for women to participate in business activities in developing countries.
Education for women and girls in crisis
Canada, along with the European Union, Germany, Japan, the United Kingdom and the World Bank announced close to $3.8 billion CAD in education for women and girls in crisis and conflict situations. Such funding has potential to support millions of women and girls to overcome barriers to receive an education and help their communities move forward.
Financial opportunities for women
Development finance institutions of the G7 countries (Canada, the UK, U.S., Italy, France, Japan and Germany) joined together to mobilize $3 billion USD ($3.8 billion CAD) by 2020 to support investments and initiatives that provide women in developing countries with access to leadership opportunities, quality employment, finance and enterprise support. The development finance institutions have launched a new initiative, called the 2x Challenge, to help mobilize their funds and private capital to support women in business.
“Canada has committed to making this year’s G7 focus on gender equality and women’s empowerment. Thankfully, leaders were able to overcome differences and find common ground to improve the lives of women and girls.
Together, these investments will make a real difference for millions of women and girls, with benefits that will ripple across entire countries.
Thanks to the tireless efforts of civil society actors in Canada and abroad coupled with the Government of Canada’s desire to lead a push for gender equality, women and girls will be able to overcome crisis through education and lead their communities out of poverty as business leaders of tomorrow.”
Gillian Barth, president and CEO of CARE Canada
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