Blog

Transparency is fundamental to effective impact management and measurement in development finance, as sharing information on operations, decisions, and results builds trust, deepens understanding, and strengthens our ability to deliver collective impact. As Canada’s Development Finance Institution (DFI) and as a Crown corporation, we embrace our responsibility to operate in a transparent and accountable manner, and we actively seek avenues to strengthen transparency and improve reporting on our activities and their impacts. In the development finance industry, transparency fosters accountability, learning, and collaboration, while also reducing uncertainty which is crucial for encouraging investment in underserved markets.

In the run up to COP30 in Brazil, Climate Action caught up with Lori Kerr, CEO of FinDev Canada, to discuss how the organisation is planning to tackle climate adaptation and mitigation in these uncertain times.

Transcription of Lori Kerr's speech as part of the G7 Development Ministerial Meeting at the World Bank Annual Meetings.

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.