Canada Allocates $400M to Developing Countries for Adaptation to Climate Change
Posted by Craig Clarke
on Oct 10, 2010
Environment Minister Jim Prentice said the $400-million donation is the most money Canada has ever spent on international efforts to deal with climate change.
"...it will support three key areas: adaptation, clean energy, forests and agriculture."
The funding breakdown is:
• $20 million for the Least Developed Countries Fund;
• $10 million to improve climate research centres in Africa;
• $5 million for various climate-change initiatives in Haiti;
• $7 million for adaptation and food security in Ethiopia;
• $3 million for a Vietnamese climate program;
• $293 million for the International Finance Corporation, a member of the World Bank that funds projects in developing countries;
• $40 million for a World Bank forestry fund;
• $5 million in various small-scale projects; and,
• $18.5 million for the Global Environment Facility
• $20 million for the Least Developed Countries Fund;
• $10 million to improve climate research centres in Africa;
• $5 million for various climate-change initiatives in Haiti;
• $7 million for adaptation and food security in Ethiopia;
• $3 million for a Vietnamese climate program;
• $293 million for the International Finance Corporation, a member of the World Bank that funds projects in developing countries;
• $40 million for a World Bank forestry fund;
• $5 million in various small-scale projects; and,
• $18.5 million for the Global Environment Facility
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