Check against delivery. This speech has been translated in accordance with the Government of Canada's official languages policy and edited for posting and distribution in accordance with its communications policy.
President, Excellencies, guests, I am pleased to deliver this statement on behalf of the Right Honourable Mark Carney, Prime Minister of Canada.
We are meeting in Belém at a crucial moment. These past 10 years, we've come a long way together.
In Paris, we agreed that our shared future depended on our shared ambition. And that we could confront the climate crisis through cooperation, trust, and a common vision.
Since then, we have collectively made further strides toward a low-carbon and climate-resilient future. But there is still much to do.
The benefits of climate action-and the profound impacts of climate inaction-are becoming more clear every day for the well-being and health of citizens across the globe for biodiversity, for food and energy security, and for economic security.
We know that effective action starts with detailed planning. We encourage all countries to come forward with ambitious climate action and to come to COP ready for candid discussions on the progress made so far and what more we can do collectively to reach net zero.
We commend Brazil for making multilateralism a priority for COP30. We must signal that climate action remains a common priority and that we will work together, relentlessly, to address climate change.
But planning is only the first step. As governments, we must harness the ideas, the expertise, and the resources of all our partners to deliver results.
At home, the Government of Canada laid out this week its key priorities in its federal budget. These priorities include a new Climate Competitiveness Strategy, positioning our economy to be more competitive by investing in deep decarbonization.
Under this Strategy, Canada is driving emissions down while investing in clean technology, innovation, and creating good paying jobs:
- we are creating the right environment for Canada's industry and private sectors to innovate and invest in a low-carbon future
- we are reskilling and preparing Canadian workers
- we are teeing up the whole economy for the low-carbon transition
Canada comes to COP30 in the spirit of collaboration, to learn from and partner up with countries and institutions around the world to accelerate the global transition.
We are committed to doing our part to mobilize the $300 billion agreed at COP29 and support efforts toward the broader $1.3 trillion goal. We are currently considering our next climate finance envelope for the period post 2025. For Canada, supporting mitigation and adaptation efforts in the poorest and most vulnerable countries and communities will remain a top priority.
And we are also considering how Canada's climate finance will help mobilize resources far beyond public funds, contributing to increasing global climate finance at unprecedented levels and speeds.
Here in Belém, we look forward to exploring concrete solutions to reach the US$1.3 trillion goal from all sources by 2035.
We also want to talk about other financing challenges, such as:
- barriers to access, especially for Least Developed Countries and Small Island Developing States
- the high cost of capital
- the lack of coherence across the global financial landscape
As we all come together at COP30 with renewed energy, our end goal is clear: keep temperature increases below 1.5 °C and accelerate global resilience. It is not only a moral and environmental imperative-it's a smart investment in our collective future.
The United Nations Framework Convention on Climate Change does not hold all the levers and solutions to mobilize climate finance and accelerate climate action.
But here, we can forge new connections and spark new conversations and ideas to bridge the gap between our ambitions and our current results.
We are already seizing this opportunity when talk about climate and biodiversity, gender equality and inclusion, the rights of Indigenous peoples, just transition and workers' rights, and of course, climate finance.
Canada is proud to be part of this new form of multilateralism, which will bring concrete results for people across the globe.
Thank you.
