Thank you for that clarification.
Mr. Saik, I'd like to turn to you.
We had Oxfam in a previous panel here. They've done some great work detailing the financial costs of climate change. They noted that, over the last 20 years, we've seen an 819% increase in extreme weather-related humanitarian funding appeals, and that the economic cost of extreme weather events, just last year, was $329 billion—a figure expected to increase as we go into the next decade. If we're talking about inflation, that's certainly one we have to keep on our radar.
In developing countries, especially in the Horn of Africa, they're now suffering from this in multiple ways. Not only are they having to tackle the effects of climate disasters but farmers are also having to deal with the loss in production. The country suffers, as a whole, because it then has reduced purchasing power.
There's been a lot of talk about using Canadian expertise. You mentioned soil health. Can you talk about some of the ways Canada can specifically step in to help those developing countries achieve more resiliency? The projection for the future does not look good, especially in the figures we've seen presented.