Trade News
Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.
Canada announces support to combat land degradation and desertification in developing countries
Wednesday, January 13, 2021 > 08:29:56
Across the world, climate change is causing extreme and erratic weather. This, in turn, is exacerbating land degradation and desertification, with the most severe impacts affecting people already in situations of poverty and vulnerability, especially women and Indigenous people.
Today, the Honourable Karina Gould, Minister of International Development, announced that Canada will contribute up to $55 million to the Land Degradation Neutrality (LDN) Fund, an investment fund initiated by the United Nations Convention to Combat Desertification (UNCCD) to support sustainable land management and land restoration. This investment is part of Canada’s $2.65 billion climate finance commitment, as well as the G7 Charlevoix Commitment for Innovative Financing for Sustainable Development.
Canada’s contribution was highlighted today by the Prime Minister, the Right Honourable Justin Trudeau, at the One Planet Summit for biodiversity hosted by France, in cooperation with the United Nations and the World Bank.
During the Summit, political leaders, the private sector, NGOs and citizens discussed environmental challenges and accelerating funding for climate, biodiversity and oceans.
Read more here
2021
