Canada commits 20 per cent of climate finance pledge at COP26 to tackle biodiversity loss

Environment Minister Steven Guilbeault says Ottawa will earmark at least 20 per cent of its $5.3-billion climate finance pledge to address biodiversity loss

Conference participants are grappling with setting the rules for implementing a number of goals, chiefly reducing greenhouse gas emissions enough to hold global warming to as close to 1.5 degrees C as possible by the end of the century.

“We need to work together to conserve and protect the large intact biodiversity and carbon-rich areas of the world – the Boreal, Amazon, Congo Basin, and Southeast Asia peatlands,” read a copy of Builbeault’s address to the conference. “If we do not protect them, biodiversity will not be protected, nor will our climate.”

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