MOSCOW (Sputnik) — Ottawa will allocate $75 million to help Canadian cities combat climate change, as well as provide funds to make building codes more energy efficient, Canadian Prime Minister Justin Trudeau said Wednesday.
"At the Paris climate summit, out government made it clear that we understand how sound climate policy is the engine of economic success… That’s why I’m happy to announce today that Infrastructure Canada will be providing $75 million to the Federation of Canadian Municipalities to help our cities and towns in responding to pressing climate change challenges," Trudeau said in his address at the opening plenary session of the GLOBE clean-technology conference in Vancouver.
In December, nearly 200 negotiators agreed to curb emissions beyond 2020 and boost the transition toward a clean energy world economy at the 21st UN Climate Change Conference in Paris.
Under the 31-page pact, countries commit to holding global average temperatures to "well below" 2 degrees Celsius above pre-industrial levels and undertake to "pursue efforts" to limit global warming to 1.5 degrees Celsius.