The federal government is eyeing the possibility of making this year’s COP28 climate-change conference the first ever to “acknowledge the need” for U.N. countries to completely phase out their use of unabated fossil fuels, says Environment Minister Steven Guilbeault.
“For COP28, we need to identify every possible opportunity to increase our collective ambition and update our climate and environmental commitments,” Mr. Guilbeault told reporters during a virtual press conference on July 14.
“We can make COP28 the first to acknowledge the need to phase out unabated fossil fuels,” he added. “We can operationalize a loss and damage fund that responds to those most vulnerable to climate impacts.”
However, Mr. Guilbeault said on July 14 that Canada and other countries need to move faster on a number of their climate commitments.
“We need to accelerate a number of things that we said we would do, but we need to make them happen faster,” he said. “The elimination of the unabated fossil fuel is something that the G7 countries were able to agree to just a few months ago.”
“I’m hopeful that for the first time ever at a COP ... we will collectively be able to agree on that as well. It never happened before. We got close to it last time.”
Canada has now allocated over $600 million toward the fund.