The organization manages a series of funds aimed at helping developing countries meet their climate goals, such as those established by the Paris Agreement, which sets a target of limiting global heating to “well below” 2 C from pre-industrial levels.
“The climate change we’re seeing is with 1 degree Celsius,” he said, referring to the level or warming that’s already occurred since the Industrial Revolution. Canada is also adding $22.8 million to its earlier $219-million commitment to overall funding for the Global Environmental Facility, Hussen said.
But Rodriguez said accelerating concrete action to address the crisis requires a “paradigm shift” in how decisions are made and how funding is distributed in order to empower civil society – especially youth, women, Indigenous Peoples and others often sidelined in international climate negotiations and domestic policy-making.