Blog

Hunger is one of the most destabilizing forces in our interconnected world. It drives internal and external migration, fuels conflict, and undermines equality and economic participation. Conversely, when we address its root causes, we help improve global stability, prosperity, and resilience.

This blog presents the key elements of FinDev Canada’s approach to physical climate risks, why it is important to our business, and where we want to go next- hoping that it will create further dialogue and knowledge exchange.

We are living in a time of economic tectonic plates shifting beneath our feet. Two weeks ago, the IMF revised its global growth forecast for 2025 downward—from 3.3% to 2.8%—citing rising trade tensions and widespread policy uncertainty.

There has been significant global progress in advancing gender equality, including improvement in women’s access to education, increased representation in leadership positions, and a reduction of women living in extreme poverty. Yet, critical genders gaps remain. In some areas, gender equality initiatives, programs and targets are facing setbacks, and the barriers women encounter continue to widen these gaps.

The world is currently undergoing multiple, interconnected, expected and unexpected transformations – economic, political, and social. And emerging markets and developing economies are coming under strains that threaten to stall – and even backtrack – development gains. Simply put, the need for sustainable investment – and the opportunity to have impact – is more urgent than ever. 

Fifty years ago in 1975, leaders from the industrialised world gathered in Paris to discuss the 1973 oil crisis, financial shock, and subsequent global recession that knew no borders. Canada joined the following year. What has since become known as the G7 saw its member countries agree to gather annually to discuss the world’s most pressing political and economic challenges. The effort highlighted global cooperation.