Thank you.
In fact, at COP15, $350 million was announced for Canada to contribute to an international biodiversity program that will support developing countries in advancing implementation of the Kunming-Montreal global biodiversity framework. As was noted, $200 million of that was announced in August as the first contribution to a new global biodiversity framework fund being established under the global environment facility. Canada was the first contributor. That is now an operational fund. There were a couple of additional donors who have now put it near the mark of $200 million U.S., allowing it to be operational. That will start to disburse funds, hopefully, sometime next year as it gets operational.
In addition to that, the remaining funding will also be identified. It is managed by Global Affairs Canada, which looks at projects that will support objectives around biodiversity, conservation and sustainable use, very much in line with meeting the objectives of the Kunming-Montreal global biodiversity framework. That funding will start to flow next fiscal year, starting in April at the earliest. It's a two-year funding contribution that will contribute directly to outcomes and results on biodiversity in developing countries.