Mr. Chair, we consider the $300 million to be starting capital. Over the years, we will have the opportunity to see how this new tool is working and the results it is producing. We have a lot of confidence in it.
The goal is to get the private sector interested in investing in developing countries and to make sure that those investments are made in keeping with all the rules and with the values that Canadians hold dear. We also want to ensure that these investments have a real impact on development. We therefore have to take the necessary time to assess the situation and determine whether to increase funding.
I also want to assure members that we are very committed to finding new funding mechanisms and engaging in financing innovation. I know I can count on the co-operation of our Canadian ambassador to the United Nations, who co-chairs a committee on financing sustainable development goals.