Q&A: Canada needs to triple its climate financing for other countries, climate NGOs say
With the current climate finance cycle ending in 2026, Canada can show leadership by committing to a larger dollar amount at this yearโs COP in Baku.
Why It Matters
Canadaโs international financial contribution of $5.3 billion to combat climate change falls short of its fair share in quantity and quality according to experts. Tripling the money, disbursed in grants and not loans, and prioritizing adaptation is needed.
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