Mr. Chair, clearly our ability to engage substantively with the Indo-Pacific is critical to how the globe is going to address climate change.
You heard my introductory remarks. These are huge emitters, and we need to push them to make a difference in how they behave. At the same time, we need to look at those countries most affected and help them adapt and address their environmental impacts like rising sea levels.
How are we doing this? As I mentioned, we have a large envelope of climate finance managed by Environment Canada and Global Affairs. This is used to support multilateral initiatives and a number of UN programs that are meant to help countries adapt. Some of that is climate finance that is done through multilateral development banks, and some of it is bilateral, again, managed by both departments. It's really focused on practical measures to help countries adapt.
At the same time, we want to make sure that they're taking steps now to reduce their carbon footprint. That's certainly part of what this program is going to do. It's also going to be part of what we're trying to achieve at COP28, starting just this week. There are a lot of negotiations that have taken place in the lead-up to that. We're working with the biggest emitters, but also in the small countries, to be really ambitious so that we can stay within our 1.5°C goal.