Send this page to someone via email

VALLETTA, Malta – Canada will make an additional five-year, $2.65 billion contribution to help developing countries tackle climate change, as the battle against global warming dominated the summit of Commonwealth leaders on Friday.

Prime Minister Justin Trudeau was greeted with applause by his fellow leaders when he announced Canada’s latest contribution towards an international climate fund seeking to raise US$100 billion annually by 2020. The announcement came ahead of next week’s international climate change summit in Paris.

“Canada is back and ready to play its part in combating climate change and this includes helping the poorest and most vulnerable countries in the world adapt,” Trudeau said in a statement.

The contribution announced Friday was in addition to the $1.5 billion the previous Conservative government contributed to the United Nations fund. That means Canada has now exceeded the $4 billion target that environmental groups have been urging it to meet as its “fair share,” based on the country’s national wealth.

Story continues below advertisement

The United Nations Children’s Fund said the contribution helps establish Canada as a global leader in helping vulnerable children in poor countries affected by climate change.

READ MORE: Commonwealth meeting is ‘training camp’ for Paris climate talks

“We know that children, particularly the poorest, are disproportionately vulnerable to the impacts of climate change, a fundamental threat to their most basic rights, including access to food, water, education and survival,” David Morley, UNICEF Canada’s president, said in a statement.

Foreign Affairs Minister Stephane Dion called the climate change funding “historic.”

WATCH: Canada is making its largest investment ever in the fight against climate change, but not everyone thinks it’s a good idea. Laura Stone reports.

He said the money will “support developing countries’ transition to low-carbon economies and more effectively tackle climate change.”

Story continues below advertisement

“It’s not an equalization payment . . . It’s not a transfer. It’s for projects that will help,” he said.

French President Francois Hollande, who was invited to address to the Commonwealth meeting in advance of the Paris talks, commended the announcements by Canada, as well as Australia, to top up their climate funding.

Related News Tory visiting Paris for climate change summit next week

Hollande said he was invited to speak to the Commonwealth prior to the deadly terror attacks in Paris two weeks ago. He skipped the G20 summit, which took place immediately following the attacks, but he said he felt it was important to attend the Commonwealth meeting to build momentum before the climate summit.

“Man is the worst enemy of man,” said Hollande.

READ MORE: The Queen is taller when you’re a kid, and other things Trudeau has learned so far as PM

“We can say it with terrorism but we can say the same when it comes to climate. Human being are betraying nature, damaging the environment. It is therefore up to human beings to face up to their responsibilities,” he added.

“It’s a duty for mankind to be able, in the days to come, to reach an agreement – a binding agreement, a universal agreement and one that is ambitious.”

UN Secretary General Ban Ki-Moon praised the Commonwealth for finding common cause on climate change, calling the 53 nations in Malta a “microcosm” of the wider United Nations.

Story continues below advertisement

“All the stars seem to be aligning in one direction,” Ban told the Commonwealth meeting, pointing to Paris.

Dion said attitudes towards climate change have shifted since he hosted climate talks in Montreal in 2005, when he was environment minister.

“Ten years after, I feel that the countries feel the effect of climate change,” he said. “In 2005 they were anticipating it. Now it’s a reality.”

Trudeau rubbed shoulders with royalty at the Malta summit.

Trudeau took part in a lunch with Queen Elizabeth, the 89-year-old monarch who royal watchers say may be attending her last Commonwealth meeting.

The summits are only held every two years and the next two are scheduled to be far from Europe.

In recent years, the Queen has avoided long-distance travel.

Trudeau met outside the conference with Prince Charles and the prime minister is to deliver the toast to the Queen at the Friday night leaders’ dinner.