WWF-Canada

WWF-Canada

June 23, 2010 10:53 ET

Media Advisory: WWF Experts Available to Comment on Canada's $400 Million for Climate Adaptation to Developing Countries

TORONTO, ONTARIO--(Marketwire - June 23, 2010) - Experts from WWF-Canada, are available to comment on Environment Canada's announcement today that it will be offering $400 million in financial assistance to help developing countries reduce greenhouse gas emissions and adapt to climate change. This money represents the 2010 portion of Canada's fair share of the fast-start financing promised by developed countries under the Copenhagen Accord.

"As long as this number represents entirely new and additional funding to ODA, WWF-Canada is very pleased to see this announcement and we take it as a positive step in the right direction," said Zoe Caron, WWF-Canada Climate Policy & Advocacy Specialist. "We look forward to matching instalments over the next two years to complete the $1 billion in fair-share funding."

Political leadership is needed to shift investments from polluting and dangerous sources of energy to clean, renewable sources, and to mobilize the additional investments required to respond to climate change. Much or all of the incremental costs of climate change action in developing countries will need to come from industrialized countries. In Copenhagen, developed countries committed to delivering $30 billion USD in fast-start funding by 2012 and $100 billion USD per year from a variety of sources by 2020 to help developing countries mitigate and adapt to climate change.

All other applicable G8 countries have committed funds.

For media materials on climate financing and the upcoming G8/G20 summits, please visit:

http://panda.org/g8g20media

About WWF

WWF is one of the world's largest and most respected independent conservation organizations, with more than 5 million supporters and a global network active in over 100 countries. WWF's mission is to stop the degradation of the earth's natural environment and to build a future in which humans live in harmony with nature, by conserving the world's biological diversity, ensuring that the use of renewable natural resources is sustainable, and promoting the reduction of pollution and wasteful consumption.

For latest news and media resources: www.wwf.ca

Contact Information

  • For comment on international climate change financing,
    contact: WWF-Canada
    Mark Lutes
    WWF Policy Coordinator (Finance), Global Climate Initiative
    Cell: (416) 473-5919
    mark.lutes@wwf.panda.org
    or
    For comment on Canada's climate change policies contact:
    WWF-Canada
    Zoe Caron
    WWF-Canada Climate Policy & Advocacy Specialist
    Cell: 647-993-5251
    zoe.caron@wwf.panda.org