Global Affairs Canada to shutter $800M foreign aid climate fund
The department reported $812 million in reduced spending as Canada’s International Climate Finance Commitment from 2021–2026 winds down.
The federal government is planning major cuts to taxpayer-funded foreign aid. One of the programs being shut down is an $800 million international climate change financing fund.
The government’s 2026-2027 departmental plan from Global Affairs Canada claims that Ottawa wants to save billions of dollars over the next few years to control government spending.
