Carney unveils forest pledge after skipping two COP summits
The four-year pledge supports a fund seeking $35 billion in government backing and up to $140 billion in private investment for conservation.
- On Sunday at the ASEAN Summit in Manila, Prime Minister Mark Carney announced Canada will contribute up to $560 million over four years to the Tropical Forest Forever Facility, a new fund co-led by Brazil and Norway.
- The Tropical Forest Forever Facility aims to protect more than one billion hectares of tropical forest annually through conservation payments tied to verified results across more than 70 countries.
- This contribution represents part of Canada's commitment to provide more than $13 billion in international climate financing by 2031, with at least 20 per cent of payments designated for Indigenous Peoples and local communities.
- The pledge arrives while Carney faces criticism from environmental groups for missing recent United Nations climate summits, including COP31 in Antalya, Turkiye, this month and COP30 in Brazil last year, where officials unveiled the fund.
- International Trade Minister Maninder Sidhu reported securing a two-year extension on trade arrangements unlocking about $7 billion in agriculture opportunities, as Carney prepares to attend the APEC summit and meet with Chinese President Xi Jinping.
18 Articles
18 Articles
Carney announces use of climate funds to protect rainforest in Brazil, tropics
MANILA — Prime Minister Mark Carney says Canada is providing $540 million for an initiative to protect tropical rainforests, The money is part of a $6 billion fund promised by Ottawa this spring in support for international climate finance.
Carney unveils forest pledge after skipping two COP summits
With trade dominating much of the agenda so far, Canada sought Sunday to bolster its environmental credentials by announcing new funding to help protect tropical forests through a project co-led by Brazil and Norway.
MANILLE, Philippines, Nov. 15, 2026 /CNW/ -- Respect for nature is an integral part of our Canadian identity.
Prime Minister of Canada - Premier ministre du Canada…
Loonie PoliticsPrime Minister Carney announces Canada’s landmark contribution to protect the world’s tropical forests
Earlier this year, Canada’s government launched A Force of Nature, a historic $3.8 billion strategy to protect Canada’s natural environment, and announced a further $1.2 billion to safeguard our oceans and the life they sustain.
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