As COP15 opens, Canada pledges down payment for international finance for biodiversity

“Children and youth are the future stewards of the planet and we urgently need to conserve, restore and safeguard the environment for them. The ChariTree Foundation welcomes Prime Minister Justin Trudeau’s announcement today of $350 million in new international finance for biodiversity,” said Andrea Koehle Jones, Founder & Children’s Biodiversity Education Advocate, The ChariTree Foundation. “Leaders at COP15 must act now to save nature. If we don’t, kids will have fewer and fewer opportunities to fall in love with nature and that would be a critical loss because you protect what you love.”

Climate Action Network – Réseau action climat (CAN-Rac) Canada 

For immediate release.

TIO’TIA:KE [MONTREAL], 6 December 2022:

Climate and development groups welcome Prime Minister Trudeau’s announcement today of CAD $350 million in new international finance for biodiversity. Coming at the opening of COP15, the global biodiversity conference in Montreal, the announcement sends a strong and necessary signal on the need for strengthened international cooperation and funding to protect and restore nature.

This represents new and additional funding to previous efforts from Canada, in particular its existing 2021 climate finance commitment of $5.3 billion over 5 years. Climate Action Network Canada has called for Canada to increase international finance by an additional $1 billion/year until 2025.

Each investment made will help close the biodiversity finance gap. Canada’s colonial legacy makes this contribution an important step to support international efforts to make peace with and end the decimation of nature.