The horizontal initiatives include “[f]unding to help developing countries address the impact of climate change”. At COP26, Canada was reluctant to show leadership and commit to our fair share towards loss and damage funds. The climate finance delivery plan pulled together by Germany and Canada does not even mention loss and damage.
The impacts of the climate crisis are already a reality for people around the world—here in B.C.—but are disproportionally impacting lower-income countries, displacing more than 30 million people in 2020 alone. Poor and vulnerable countries are least responsible for climate change but are already facing the worst of its negative impacts. I'm curious as to why Canada has been reluctant to pay its fair share toward loss and damage finance.