Translation of "Mobilisation pour le développement " (French → English) :

Sometimes small steps make a big difference to a community's growth and development.

(Return tabled) Question No. 148 Ms. Megan Leslie: With regard to fast-start climate change commitments made by the government in the 2009 Copenhagen Accord: (a) what analysis does or has the government used to analyze the results of funded projects; (b) when will the government announce its financial plans for fulfilling climate change mitigation and adaptation commitments to developing countries past the 2012-2013 fiscal year; (c) what are the conditions necessary for the government to renew its contribution of public funding in support of the 2020 goal, committed to under the Copenhagen Accord, to mobilize up to $100 billion per yea ...[+++]r in financing by 2020; (d) what public funds will the government commit to fulfill its climate finance pledges between the fiscal year 2012-2013 and 2020-2021, broken down by year; (e) broken down by year, (i) what amount (in Canadian dollars) and what percentage of the funds referred to in (d) will be delivered as loans, (ii) what amount (in Canadian dollars) and what percentage of these funds will be delivered as grants; (f) has the government done any analysis of the social and economic impacts and benefits of loans versus grants for recipients; (g) what will be the percentage of funds allocated to mitigation, compared to funds allocated to adaptation to climate change, between the fiscal years 2012-2013 and 2020-2021; (h) how will future climate change mitigation and adaptation financing meet the requirements for Canadian official development assistance under the Official Development Assistance Accountability Act, namely with respect to poverty reduction, taking account of the perspectives of the poor, and the promotion of human rights; and (i) with respect to future climate finance funding delivered as loans or grants to multilateral banks, how will the government ensure that projects receiving funds meet the required aid effectiveness principles?

EMPHASISES that a combination of public finance including innovative sources and private sources, alongside increased lending and leveraging by financial institutions is essential for mobilising USD 100 billion per year by 2020 in the context of meaningful mitigation actions and transparency on implementation as determined in the Cancun Agreements, including to reduce emissions from deforestation and forest degradation (REDD+), adaptation, technology development and transfer and capacity building, while recognizing it comes at an opportunity cost; ACKNOWLEDGES the important role of Multilateral Development Banks and other public financi ...[+++]al institutions, including the EIB in facilitating the mobilisation of these flows; REAFFIRMS the role of the private sector in providing finance for climate-related investments in developing countries and STRESSES that this role should be strengthened by further efforts to address regulatory barriers and to develop policy frameworks necessary to leverage private climate finance, including an efficient international carbon market; in this context HIGHLIGHTS that a robust carbon market is required, which drives the carbon price necessary for low-carbon investment, to achieve global mitigation objectives in an efficient way and to support the level of private and public sources required; UNDERLINES that a stable, attractive and competitive risk – return profile of climate relevant investments is a prerequisite to mobilize private sector capital. ACKNOWLEDGES the importance of developing and implementing cost-effective and non-distortive tools in cooperation with relevant private sector actors in order to leverage private capital at scale.

RECOGNISES the importance of public finance in supporting climate-related investments in developing countries, including adaptation measures in the most vulnerable and least developed countries; EMPHASISES the importance for accomplishing progress in the identification of sources of long-term finance. RECALLS the need to mobilize stable, predictable and additional revenues without putting fiscal consolidation and sustainability at risk, and STRESSES that it will be up to each Member State to determine the use of such public revenues in accordance with EU and national budget rules and in consistency with sound and sustainable public finances policy framework; In this context LOOKS FORWARD to the publication ...[+++] of the Final Report prepared for the G20 Finance Ministers meeting on Climate Finance Sources; RECOGNIZES the importance of this work aimed at progressing towards the implementation of options for expanding the flow of climate change finance to developing countries in pragmatic and cost-effective ways, and highlighting the important role that Multilateral Development Banks can play in leveraging greater private finance for climate change. INVITES the COP Presidency to seek agreement on a process to address conclusions and recommendations in an open and transparent manner to secure progress at COP17.

One objective pursued by the government with this Department of Human Resources and Skills Development is to mobilize the private sector, non-governmental organizations and communities on community development, the social economy and social development.

2. As early as 1993, the appeal to European business of President Delors to take part in the fight against social exclusion resulted in a strong mobilisation and in the development of European business networks.