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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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.