in the G7 Action Plan on Combatting the Financing of Terrorism at the G7 Finance Ministers and Central Bank Governors’ meeting in Sendai. The payment of ransoms to terrorist groups is one of the sources of income which supports their recruitment efforts, strengthens their operational capability to organize and carry out terrorist attacks, and incentivizes future incidents of kidnapping for ransom, thereby increasing the risks to our nationals. We unequivocally reiterate our resolve not to pay ransoms to terrorists, to protect the lives of our nationals and, in accordance with relevant international conventions, to reduce terrorist groups’ access to the funding that allows them to survive and thrive, and call on all states to do so. We commit to promote peaceful co-existence wherever differences of opinion, culture and faith exist, respect for diversity, tolerance, and inclusive dialogue in order to break the vicious cycle of violence and hatred and to prevent the emergence and spread of violent extremism. In this regard, we welcome the UNSG’s Plan of Action to Prevent Violent Extremism, call for its implementation and support a strong model of UN leadership which will deliver a genuinely whole-of-UN approach. We also stress the importance of the role of local communities, especially women and youth, as well as empowerment of alternative voices including through education and dialogue. We also commit to enhance our coordination to support countries in need of building their capacity on countering terrorism and violent extremism. Committing ourselves to translate these principles into concrete action, we commit to take actions as set out in the Annex, the G7 Action Plan on Countering Terrorism and Violent Extremism. We commit to work to support the implementation of relevant UN Security Council resolutions, to bolster information sharing, to strengthen border security, to improve aviation security, to counter terrorist financing, to fight against trafficking of cultural properties, to prevent and counter violent extremism, to step up our engagement with the private sector and to further coordinate our capacity building assistance. We commit to regularly take stock of the implementation of the Action Plan. Migration and Refugee crisis With the number of refugees, asylum seekers, internally displaced persons (IDPs) and vulnerable migrants at its highest level since the Second World War, the G7 recognizes the ongoing large scale movements of migrants and refugees as a global challenge which requires a global response, in full respect for human rights and in accordance with applicable international law. We place the highest priority on humanely and effectively managing this challenge, addressing both the humanitarian consequences and the root causes of massive displacement. Large movements of people are a multi-faceted phenomenon, which requires addressing its root causes resulting from conflicts, state fragility and insecurity, demographic, economic and environmental trends as well as natural disasters. The international community should therefore increase its efforts towards conflict prevention, stabilization, and post-conflict peacebuilding and focus on finding solutions in order to reduce poverty, 17