USAID and CEFI launch financial literacy program in PNG

Thursday, January 20, 2022

The Lakautim Graun Program (LGP), funded by the United States Agency for International Development (USAID) and implemented by Cardno International Development (Cardno ID), and the Centre for Excellence in Financial Inclusion (CEFI) have partnered to launch financial literacy trainings in six provinces in Papua New Guinea. The partnership empowers traditional landowners to manage and conserve natural resources while also emphasizing women’s economic participation.

Maurice Knight, Cardno ID’s Chief of Party for the USAID LGP program emphasized that, “unless women and girls are empowered to fully participate in the economy, PNG will not be able to meet its development targets. We also know that countries around the world with higher levels of women’s participation in the economy are more stable and more economically prosperous.”  CEFI’s Executive Director, Saliya Ranasinghe, also noted, “For women, and men, to be fully enabled in the economy, PNG’s biodiversity and natural resources must be wisely managed so that current generations can meet their needs while not threatening the ability of future generations to meet their needs. The linkages are obvious.”

“This agreement between Cardno ID and CEFI aligns with USAID’s 2020 Gender Equality and Women’s Empowerment Policy that affirms USAID's vision of a prosperous and peaceful world in which women, girls, men, and boys enjoy equal economic, social, cultural, civil, and political rights and are equally empowered to secure better lives for themselves, their families, their communities, and their countries,” said Julie Hulama, USAID Development Specialist.

USAID’s LGP program is a five-year project that aims to reduce the threats to biodiversity in PNG by strengthening management of customary lands while contributing to women prospering in the workforce, succeeding as entrepreneurs, and being fully enabled in the economy. The LGP program is led by Cardno ID in cooperation with its sub-partners including Care International, The Nature Conservancy (TNC), the Wildlife Conservation Society (WCS), and the Seattle Woodland Park Zoo in cooperation with the Papua New Guinea Tree Kangaroo Conservation Program (TKCP). CEFI is one of Papua New Guinea’s premiere organizations supporting financial inclusion and literacy, poverty elimination and the promotion of vibrant financial institutional operation in Papua New Guinea.

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