Environment Minister Jonathan Wilkinson said Canada and Germany had made “huge strides” to persuade rich countries across the globe to give more money to help the developing world fight climate change.
Canada and Germany have urged rich countries to spend more on climate change before its effects become irreversible.
Wilkinson is in Italy this week to take final preparatory talks for next month’s 2021 UN conference on climate change in Scotland.
– reduce greenhouse gas emissions, slowing down climate change before it becomes irreversible.
Other studies have shown that there is eagerness to finance climate change projects, such as clean energy, that could turn out worthwhile, rather than interest to finance infrastructure projects that would help poor countries protect them from the effects of an already changed climate.
About 20 years ago, the richest nations jointly agreed to provide $20 billion a year in climate finance by 20, helping the developing nations afford and mitigate climate change adaptation.
In a piece published in July the Environment and Climate Affairs Ministers of Costa Rica and Grenada stated that meeting the promised climate change goals was the only way for countries like theirs to have a fair chance “to build a sustainable future.
1/ #Canada's overall rating drops to “Highly insufficient” – despite having a stronger target, it doesn’t have policies to meet it, and it is far from doing its #fairshare, and needs to increase #climatefinance. https://t.co/d5nnfOn3ow pic.twitter.com/XNZp85JITZ
— ClimateActionTracker (@climateactiontr) September 17, 2021