📋 Tender Overview
Maximum contribution $20,000,000
Sector
• Financial policy and administrative management:
Financial policy and administrative management (24010) (60.00%)
Monetary institutions (24020) (10.00%)
Formal sector financial intermediaries (24030) (10.00%)
Informal/semi-formal financial intermediaries (24040) (10.00%)
Remittance facilitation, promotion and optimisation (24050) (10.00%)
This project supports Toronto Centre’s efforts to deliver effective institutional capacity-building programs that promote financial stability and financial inclusion in developing countries. Toronto Centre provides intensive assistance globally, focusing on Sub-Saharan Africa, the Indo-Pacific, and special assistance to Ukraine. For the project’s duration, Toronto Centre’s priorities, as integrated into their core capacity development programs, include: (1) advancing financial inclusion and gender equality; (2) strengthening capacity to manage climate change and biodiversity loss-related risks in financial systems; and (3) accelerating financial sector support for food security amid geopolitical risks. Project activities include: (1) delivering technical, leadership, and supervisory guidance in capacity-building and training programs to financial supervisors in developing countries. This is done through practical and interactive teaching methods developed through a climate and gender lens; (2) offering a Certified Financial Supervisor (CFS) designation; and (3) developing supervisory guidance resources (Toronto Centre notes, webinars, podcasts) supporting developing countries.
The expected outcomes of this project include: (1) increased effectiveness of financial sector supervisory and regulatory personnel in developing countries supporting financial stability and increased financial inclusion for women and girls; and (2) enhanced application of gender and environmental sensitive supervisory and regulatory frameworks, structures and associated policies and practices by financial supervisory and regulatory agencies in developing countries.
