Write For Us

Canada’s climate change minister says $100B COP26 climate finance goal will be “overachieved”

Sponsored Post Vitamin D2 Canada Persia
110 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
Canada’s minister of environment and climate change, Jonathan Wilkinson, said Monday that the developed world failed to deliver on its commitment to raise $100 billion by 2020, in order to help poorer countries fight climate change.

However, Wilkinson said a new report jointly drafted by Canada and Germany, indicates that developing countries will achieve or “overachieve” that goal in 2024-25.

Wilkinson said the money coming in from the private sector was lower than anticipated, which he said was the reason the developing world fell short of its $100-billion goal. He said to compensate heading into 2024-25, they’ve sought increased commitments from governments.

“To be clear, we do need to see the private sector step up. We do need to see more funds mobilized,” he said.

The UN Climate Change Conference (COP26) runs from Oct. 31 to Nov. 12 in Glasgow, Scotland.

For more info, please go to https://globalnews.ca/news/8289970/cop26-united-nations-climate-talks-glasgow/
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews
Category
U.S. & Canada
Tags
global news, Jonathan Wilkinson, COP26
Sign in or sign up to post comments.
Be the first to comment