Canada earmarks 20 per cent of climate funding to address biodiversity loss

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Canada earmarks 20 per cent of climate funding to address biodiversity loss
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Canada's Environment Minister says the federal government will allocate at least 20 per cent of its $5.3 billion international climate finance commitment to nature-based solutions in developing countries over the next five years in a bid to limit biodiversity loss.

Steven Guilbeault made the promise during a Saturday speech at the United Nations COP26 conference in Glasgow, Scotland.

He says helping developing countries adopt "nature-based solutions," such as restoring wetlands and and preserving carbon-rich natural areas, will help accomplish both goals.

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