Madam Speaker, as a first move at COP28, Canada is announcing support for developing countries to address loss and damage due to climate change, with a $16-million contribution to the start-up cost for a global fund. This is a significant step and a big win for the planet as we are helping climate-vulnerable developing countries that face the harshest impacts from climate change. We are honoured to be among the first donors to this historic fund at COP28.
As the world comes together to assess our progress so far, we recognize that there are still challenges ahead. Canada will continue to play a leadership role to fight climate change.