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Ottawa commits $13 billion in foreign climate financing

A previous federal evaluation identified weaknesses in oversight of Canada's international climate financing.

Melanie Bennet
Nov 14, 2026
∙ Paid
Source: Pexels (Dave Meckler)

Canada has reaffirmed its commitment to provide more than $13 billion in climate financing to developing countries over five years, despite a previous federal evaluation identifying oversight weaknesses.

Environment Minister Julie Dabrusin reiterated the commitment at the COP31 climate summit in Turkiye on Friday.

First announced in April, the pledge includes government funding, loans and private investment Ottawa hopes to attract. How much taxpayers will ultimately pay remains unclear.

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