Canada's international climate finance

 

Climate change is one of the greatest challenges of our time. All countries are feeling the effects of climate change, in areas such as health, agriculture, economy, trade, and infrastructure. Canada is committed to the fight against climate change. We believe that with challenges come opportunities. By fostering greener, more sustainable economies we can help meet collective climate objectives.

Developing countries, particularly the poorest and most vulnerable, are the hardest hit by climate change. Many have limited capacity to prevent and cope with the consequences of climate change, like severe weather, drought and flooding. We need transformational financial investments to help communities around the world better address climate change and adapt to its harmful consequences. International climate finance plays a key role in achieving this.

To that end, Canada is delivering $2.65 billion in climate finance to developing countries by 2020-21. Canada also supports climate action abroad through various additional investments from public and private partners.

This investment is helping developing countries achieve cleaner economic growth and build climate resilience. As part of this commitment, Canada is working with multilateral development banks and is contributing to major climate funds and initiatives to mobilize additional private investments.

This website provides detailed information on how Canada is supporting ambitious climate action abroad.

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