The federal government will look to enshrine in legislation certain “climate action” targets outlined at the U.N. Biodiversity Conference (COP15) held in Montreal, according to Climate Change and Environment Minister Steven Guilbeault, who called the future actions a “next step” for Canada.
“We’re doing it—we already have an accountability act for our climate change targets,” he added. “So it makes absolute sense that we should have an accountability act in Canada for our biodiversity targets.”
The targets include a plan to protect 30 percent of all the world’s water and land within the next seven years and another to cut in half global food waste, among a number of other investments.
“Phasing out or reforming subsidies that harm biodiversity by at least $500 billion per year” is one of the COP15 biodiversity targets, while another is to mobilize “at least $200 billion per year from public and private sources for biodiversity-related funding.”
Accountability Act
Earlier this year, Canada and California signed a memorandum reinforcing their cooperation on climate policies, which focus heavily on “climate action” and biodiversity loss.“Canadians and Americans need to—Californians need to—continue to have confidence that we are moving forward, and that nobody should ever be empowered to move us back,” said Prime Minister Justin Trudeau on June 9, adding that the climate policies should remain permanent even through changes in government.
The cap would hold the sector “accountable for its emissions” and require them to adopt new practices aligned with Canada’s 2030 Emissions Reduction Plan, according to the federal government.