Mr. Speaker, it is an honour to rise today on the traditional territory of the Algonquin peoples to present the following petition. It relates to an aspect of the climate crisis and calls on the government the deal with how we send our money to developing countries and how that money should be allocated.
The petitioners recognize that the Intergovernmental Panel on Climate Change has clearly indicated that the impact of accelerated global warning has disproportionate impacts on the most vulnerable. This is increasing inequities, particularly for women, in the developing world. Approximately a third of Canada's climate finance has been in investment projects for adaptation and is, very specifically, missing some opportunities to allocate money as grants instead of loans.
The petitioners call on the Government of Canada to commit at least 50% of Canada's public climate finance for developing countries to adaptation and at least 15% to projects that target gender equality as a primary objective.