The Honourable Peter Kent, P.C., M.P.,
Minister of the Environment
Announcement of Additional Funding to Enable Climate Change
Action in Developing Countries
April 10, 2013
Thank you for joining me here today.
I am in Washington this week to meet with my colleagues from key countries to discuss how we can make progress on a new post-2020 international climate change agreement that will be applicable to all parties, including all major emitters.
Canada supports its commitments under the Copenhagen Accord and I am pleased to have the opportunity to work with my donor country colleagues to realize the Accord’s goal to mobilize long-term financing for developing countries in the context of meaningful mitigation and transparent action. Clearly, focusing on scaling up private investment will be key.
Developed countries have made good on their Copenhagen commitment to fast-start financing. Together we have delivered $33 billion between 2010 and 2012 for mitigation and adaptation in developing countries.
Canada has been part of that success—our $1.2 billion in new and additional financing is our most significant investment in climate financing ever and this investment is delivering results, and will continue to do so over the coming years as our implementing partners roll out the funding they have received from us.
As an Arctic nation, Canada understands first-hand the importance of addressing short-lived climate pollutants, which have an impact on the rate of Arctic ice melt.
Last year, we proudly participated in the launch of the Climate and Clean Air Coalition to reduce short-lived climate pollutants. We were likewise pleased to see the Coalition grow from 7 to 56 partners. And we were pleased to not only be the first out of the gate donating $3 million to the Coalition but to also deliver an additional $7 million directly to projects in developing countries.
The Climate and Clean Air Coalition is already taking action on several fronts, from spurring national action to launching several sector initiatives in areas such as municipal solid waste, heavy duty vehicles and engines, oil and natural gas, and brick production.
The Coalition has a bright future and in order to help it achieve its goal—to significantly reduce emissions of short-lived climate pollutants—I am pleased to announce that Canada will contribute a further $10 million to the Coalition.
Our contribution to the Climate and Clean Air Coalition is its biggest ever and it will support its implementation of projects in developing countries. We hope it will signal a new phase of scaled up action and growth in the Coalition’s membership, funding activities and results.
I am also proud to announce a contribution of $2.5 million to the Climate Technology Centre and Network (CTCN). This initiative launched by Parties to the United Nations Framework Convention on Climate Change (UNFCCC) responds directly to the expressed need of developing countries for more rapid deployment of the best available technologies to help them confront the climate challenge—both to reduce their emissions and to build their resilience to climate impacts.
The meetings I am attending over the next couple of days and these announcements are examples of ways Canada is demonstrating its commitment to meaningful action by contributing to constructive international cooperation.
We are also taking real action at home. Since 2006, Canada has invested more than $10 billion to reduce greenhouse gases, improve energy efficiency and develop green infrastructure.
We are also working closely with the United States, our closest neighbour and largest economic partner to align standards and reduce greenhouse gas emissions—harmonizing our regulations for light duty vehicles and heavy duty vehicles and engines.
We addressed greenhouse gas emissions from coal-fired electricity generation—making Canada the first country in the world to ban construction of traditional technology coal plants. We are putting in place a national Air Quality Management System. And we are continuing to ensure the responsible development of Canada’s oil sands.
Canada is demonstrating its commitment to meeting its Copenhagen target of reducing greenhouse gas emissions by 17 percent below 2005 levels by the year 2020. And our success is clear—as it is estimated that we are already halfway there in our national effort to meet Canada's target.
The Climate and Clean Air Coalition and the Climate Technology Centre and Network have the potential to make a difference. Our announcements today are one more way the Government of Canada is working with the global community to reduce emissions of greenhouse gases and short lived climate pollutants and to help the most vulnerable countries adapt to a changing climate.
- Date Modified: