Thank you very much for that question.
As you know, Canada has made significant investments in what is referred to as short-term financing,
short-term or fast-start financing,
in the context of discussions on climate change. Those investments amount to $891.5 million. The investments were allocated to international development funds—the Asian Development Bank, the Inter-American Development Bank, the World Bank, and one of its members, the International Finance Corporation.
Those investments show that this is a priority for the government. However, we're talking about a step that is preliminary to the next stage, which is referred to as long-term finance in the world of climate change. In that next phase, $100 billion a year needs to be invested to facilitate the creation of an energy infrastructure that could help us manage climate change.
Our clean technology companies have products that are appropriate for those markets. However, historically, we have not taken our share of the market. Let's say that there is room for improvement in this area, where Canada could play a much more important role.