Canada Reaffirms Commitment to Global Climate Action at COP29
Sharm El-Sheikh, Egypt, November 24, 2024 – As the 29th Conference of the Parties (COP29) drew to a close in Sharm El-Sheikh, Egypt, Canada reaffirmed its unwavering commitment to global climate action and its determination to keep the 1.5 °C target alive.
Canada’s Ambitious Climate Goals
Canada’s Minister of Environment and Climate Change, Steven Guilbeault, addressed the conference, outlining the country’s ambitious climate goals. He emphasized Canada’s commitment to reducing greenhouse gas emissions by 40-45% below 2005 levels by 2030 and achieving net-zero emissions by 2050.
Supporting Global Climate Action
In addition to its domestic commitments, Canada announced new initiatives to support global climate action. These include:
- A $500 million contribution to the Adaptation Fund, which provides financial assistance to developing countries to adapt to the impacts of climate change.
- A partnership with the Global Environment Facility to support developing countries in implementing their nationally determined contributions (NDCs).
- A collaboration with the International Renewable Energy Agency (IRENA) to accelerate the transition to renewable energy.
Keeping 1.5 °C Alive
Minister Guilbeault emphasized Canada’s determination to keep the 1.5 °C target alive, which requires global greenhouse gas emissions to be halved by 2030. He stressed the urgent need for all countries to step up their climate efforts and ensure a just and equitable transition.
Collaboration and Innovation
The Canadian delegation highlighted the importance of collaboration and innovation in addressing climate change. Canada is actively engaged in international partnerships and initiatives, including the Mission Innovation and the Net-Zero Emissions International Forum.
Indigenous Partnerships
Recognizing the essential role of Indigenous knowledge and leadership, Canada is committed to working in partnership with Indigenous communities on climate action. The delegation announced plans to establish a national Indigenous Climate Council to guide the government’s climate policies.
Conclusion
As COP29 concludes, Canada has reaffirmed its unwavering commitment to global climate action and its determination to keep the 1.5 °C target alive. The country’s ambitious climate goals, support for international initiatives, and emphasis on collaboration and innovation demonstrate its commitment to a sustainable and prosperous future for all.
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