Canada and UK Reaffirm Climate Finance Commitment in Antalya: At Least $1.3 Trillion a Year by 2035

Canada's Minister of Environment, Climate Change and Nature Julie Dabrusin and the United Kingdom's Secretary of State for Climate Transition Katie White issued a joint statement in Antalya, Türkiye, on November 13, 2026, during COP31, reaffirming the New Collective Quantified Goal: scaling up climate finance to developing countries from all sources to at least $1.3 trillion per year by 2035, with developed countries taking the lead at a floor of $300 billion per year. The two countries also reaffirmed the call to triple adaptation finance by 2035.
Canada has delivered over CAD $14.3 billion in climate finance since 2015, projected to cut nearly 658 million tonnes of emissions by 2050 and help 40.2 million people adapt; in April 2026 it set a new target of over CAD $13 billion for the next five years, and this year has announced CAD $219 million for the Global Environment Facility's ninth replenishment, CAD $7.5 million for the Pacific Resilience Facility and CAD $116 million in new projects in Antalya this week. The UK has helped 159 million people adapt and cut 201 million tonnes of emissions since 2011, delivered GBP 12.8 billion in international climate finance from 2021-22 to 2025-26, and newly committed around GBP 6 billion in ODA climate finance over three years plus GBP 6.7 billion in non-ODA finance.
Both countries also welcomed the intended collaboration between FinDev Canada, British International Investment and Norway's Norfund to jointly mobilize $10 billion in climate finance by 2030 for emerging markets and developing economies. (Source: Environment and Climate Change Canada)
Source: Environment and Climate Change Canada
Published by GSM · USA (original Chinese edition)
Photo: 图:加拿大外交部莱斯特·B·皮尔逊大楼(渥太华)。照片:Jeangagnon,CC BY-SA 4.0,经 Wikimedia Commons。 / Lester B. Pearson Building in Ottawa, Canada. Photo by Jeangagnon, CC BY-SA 4.0, via Wikimedia Commons.

