DID highlights the role of inclusive inclusive finance in the fight against climate change

November 10, 2017

Protecting the environment and fighting climate change are essential conditions that must be met to carry through with sustainable development and human fulfillment. Microfinance institutions, which can play a major role in mitigating climate change and adapting to it, must now take these challenges into account.

DID, in collaboration with its partners in recent years, has carried out numerous interventions for the purpose of putting practices into action that respect the environment and that mitigate climate risks. The organization had the opportunity to share its vision and its experience in this matter at two recent international conferences.

International symposium on food security and nutrition in the age of climate change

Climate change obliges us to rethink our models for cooperation and solidarity. At the International Symposium on Food Security and Nutrition in the Age of Climate Change held September 24-27 in Québec City by the Government of Québec in collaboration with the United National Food and Agricultural Organization (FAO), the theme was strengthening and adapting regional and international cooperation.

During a symposium plenary session, Gerardo Almaguer, Senior Director for the Agricultural Finance and Food Security Division at DID and representatives from SOCODEVI, Global Affairs Canada and the World Bank discussed the impact of climate change on organizations dedicated to cooperation, including the strategies used to adapt to climate change, the main obstacles encountered and the solutions that are envisaged.

Nearly 225 experts and representatives of international organizations, civil society, the private sector and youth attended the event.

2017 Convention of the Confédération Internationale du Crédit Agricole

The theme of the 2017 convention of the Confédération Internationale du Crédit Agricole (CICA) held in Québec City from October 24-25 was “Agriculture and Climate Change”. The event attracted more than one hundred senior executives from financial and banking institutions from Europe, Africa, Asia and the Americas. 

Gerardo Almaguer, Senior Director for the Agricultural Finance and Food Security Division at DID, was one of the panelists. He explained the DID perspective at a workshop devoted to development action and international solidarity chaired by the Director General of Financière agricole du Québec – Développement international.

For more information on DID interventions related to environmental protection and climate change, consult the Reference Framework on the Environment published by the organization in December 2016.