Thank you, Mr. Chair.
I would like to thank the witnesses who have stayed with us.
I am going to give a quick bit of background about Natural Resources Canada's Emissions Reduction Fund. When Commissioner DeMarco testified before the committee, he said that it was a complete mess and was doing nothing to reduce emissions. In my opinion, the Department of Environment and Climate Change should be responsible for monitoring the funds to make sure they are contributing to achieving the right objectives.
Now I want to talk about funds at the international level. I have some figures here.
In just over five years, Canada has put $2.6 billion dollars into some 50 projects, under the heading of "Canada's international climate finance". That's good; that's one of Canada's commitments.
From 2021 to 2026, we will be committing $5.3 billion. Again, this is positive and is one of our commitments under the international agreements.
However, when a government department or organization sets up funds like these, again, I think it is up to the department to make sure the money is actually being used to reduce emissions.
Is there an accountability system for this fund, which is going to total $8 billion?