Canada invests in Global Climate and Clean Air Solutions
Friday, Apr 12, 2013
WASHINGTON, DC., April 10, 2013 /CNW/ - Today, the Honourable Peter Kent, Canada's Environment Minister, announced an additional $10 million contribution to the Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants (CCAC), and a $2.5 million contribution to the Climate Technology Centre and Network (CTCN). The announcement was made prior to the Major Economies Forum on Energy and Climate where representatives of 17 major economies meet in Washington, D.C., this week.
"As an Arctic nation, Canada understands first-hand the importance of addressing short-lived climate pollutants," said Minister Kent. "Canada is proud to be a leading supporter of the CCAC and this significant contribution will support the implementation of projects in developing countries, as well as help signal a new phase of scaled up action and growth in the Coalition's membership, funding activities and results."
Today's contribution of $10 million is in addition to Canada's previous
contribution of $3 million to the CCAC's Trust Fund and $7 million for projects that support the mitigation of short-lived climate pollutants in developing countries.
These investments are part of Canada's Fast-Start Financing commitment under the Copenhagen Accord to provide $1.2 billion in new and additional financing to support climate change action in developing countries.
SOURCE Environment Canada