By Jaya Ramachandran | IDN-InDepthNews Report
BERLIN | PARIS (IDN) – The Global Environment Facility (GEF) Chairperson Naoko Ishii has welcomed pledges made at the UN Climate Conference in Paris to inject more than 252 million U.S. dollars to help the most vulnerable countries address climate change and its adverse consequences.
In an unprecedented move, Premier Philippe Couillard of Québec, Canada’s largest province by area and its second-largest administrative division, has announced a contribution of 6 million Canadian dollars to the climate fund, hosted by the Global Environment Facility (GEF) for the most vulnerable countries.
The commitment, made at the Paris COP21 climate talks, is the first-ever by a sub-national government, and brings total new financing to the Least Developed Countries Fund (LDCF) to more than 252 million U.S. dollars.
The support for the LDCF was included in an announcement by the Québec government on December 5 of new international funding for climate cooperation.