Minister Steven Guilbeault expects “strong conversations” at COP27 | COP27

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Minister Steven Guilbeault expects “strong conversations” at COP27 | COP27

Environment and Climate Change Minister Steven Guilbeault

Canadian representatives at COP27 have the intention to advance the case for climate finance for developing countries and engage in “robust discussions” on “loss and damage” related to climate change impacts, climate change, and climate change. one of the main challenges of the international meeting.

After arriving in Sharm el-Sheikh, Egypt, where he is leading Canada's delegation, Federal Environment Minister Steven Guilbeault said he expects tough conversations during the UN Conference. on Climate Change, which runs until November 18.

“We are here to be productive partners and to help scale up climate action. »

— Steven Guilbeault, Federal Minister of the Environment

Canada and Germany are hosting an event on Wednesday where they will provide an update on financial support for the most vulnerable countries. vulnerable to tackle and adapt to the climate crisis.

The two countries are co-authors of a report on the steps needed to meet the commitment of developed nations to jointly disburse US$100 billion a year to poor southern states.

It is about removing bureaucratic obstacles to accessing project finance, increasing transparency on individual national objectives and better mobilizing private and multilateral bank financing of development, mentioned the Liberal minister.

Canada has pledged in 2021 to double its climate finance commitment abroad to $5.3 billion over the next five years.

< p class="e-p">Mr. Guilbeault added that in-depth discussions must also take place on the issue of loss and damage, the addition of which to the COP27 negotiating agenda has been supported by Canada. The idea here is to establish a financial compensation mechanism for the damage caused by climate change in developing countries.

This issue has been proving sensitive for years as wealthy nations, including the United States, have resisted the concept of climate reparations.

The federal minister recalled that the current COP is that of implementation and that governments must now accelerate their efforts to reduce their greenhouse gas emissions. Delegations from around the world meet to deliver on commitments made with the Paris Agreement to ideally limit the global temperature increase to 1.5 degrees Celsius by the end of the century .

With this in mind, Canada is coming up with its most detailed plan, which shows the targets by sector of activity, argued Mr. Guilbeault.

This year alone, we have adopted or are in the process of adopting five or six different regulations: the zero emissions law, the carbon-neutral electricity grid by 2035, the cap on greenhouse gas emissions greenhouse and the reduction of at least 75% of methane emissions from the oil and gas sector by 2030, he notably listed.

I put challenging anyone to find a time in the history of the country when we have had so much activity on the issue of climate change, whether in regulatory or investment terms, defended the minister.

The absence of Prime Minister Justin Trudeau from the event does not seem to worry him much about the perception that it could leave of the real will of Canada in its environmental commitments.

In the eyes of the Minister, his support for carbon pricing and the holding of COP15 on the b biodiversity in Montreal next December demonstrates the importance that Mr. Trudeau attaches to these issues.

I will not be able to do a third of what I do as minister of the Environment if it were not for the support of the Prime Minister, argued Mr. Guilbeault.

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