Canada has committed to help developing countries adapt to climate change, at an estimated cost of $1-5 billion per year, over and above Official Development Assistance (ODA). This briefing note outlines how that money could be raised through a federal cap-and-trade system, in which greenhouse gas emissions allowances are auctioned and a portion of the proceeds are dedicated to support climate adaptation in developing countries.
Climate adaptation financing
Briefing note
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Leading the transition to clean energy requires advancing solutions to today’s energy challenges from various angles.
The Pembina Institute has spent four decades working to reduce the environmental impacts of Canada’s energy production and to provide actionable ideas on how to implement clean energy.