FinDev Canada
FinDev Canada is Canada's development finance institution (DFI) set up in 2018. It has US$1 billion on its balance sheet. Its purpose is to provide direct and indirect development financing consistent with Canada's international development priorities. The DFI is wholly owned by Canada's export credit agency, Export Development Canada (EDC). FinDev was set up amid the expansion of development banks by other donors, including the United States, United Kingdom, and Denmark. Its CEO Lori Kerr hails from the World Bank.
Recent news mentioning FinDev Canada
- — FinDev Canada investit 33 millions de dollars aux côtés d'investisseurs institutionnels dans le Fonds de mobilisation pour l'action climatique BlueOrchard afin d'accélérer le financement climatique
- — FinDev Canada invests USD 33 million alongside institutional investors in BlueOrchard Climate Action Mobilisation Fund to accelerate climate finance