Canada's International Climate Finance

Last updated: 30/10/2026

Program Overview

Program description and objectives:

Canada's International Climate Finance program supports developing countries in reducing greenhouse gas emissions, adapting to the impacts of climate change, and advancing sustainable and inclusive development. Since 2010, Canada has delivered three international climate finance commitments, supporting initiatives that accelerate clean energy transitions, strengthen climate resilience, advance nature-positive outcomes, and help developing countries pursue low-carbon, climate-resilient development. Canada's most recent $5.3 billion climate finance commitment (2021-2026) was fully disbursed as of March 2026, supporting a diverse portfolio of investments through multilateral institutions and other partners, with many projects remaining operational. Building on its previous commitments, Canada has reaffirmed its support for international climate action, with a goal to deliver more than $13 billion in climate-related support to developing countries between 2026 and 2031. Global Affairs Canada is expected to deliver approximately $3 billion in climate finance programming over the same period. Through a mix of grants and loans, the program aims to support low-carbon and climate-resilient development, strengthen climate mitigation and adaptation efforts, and help developing countries address the economic and social impacts of climate change while advancing sustainable development objectives.

Other issuing providers (optional):

African Development Bank (AfDB), Asian Development Bank (ADB), Caribbean Development Bank (CDB), Deetken Impact, European Bank for Reconstruction and Development (EBRD), Green Climate Fund (GCF), Inter-American Development Bank (IADB), International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC), International Fund for Agricultural Development (IFAD), Mirova

Instrument types offered:

Grants, Concessional and catalytic debt

Potential instrument structures offered (optional):

Junior, mezzanine, or other subordinated non-convertible debtJunior, mezzanine, or other subordinated convertible debtFlexible loansNon-subordinated debtGrant for technical assistanceGrant paid upfrontReimbursable grant

Institutions this program is normally offered to:

Multilateral Development Banks (capital made available to private sector via an MDB), Investment funds, Other

Eligible regions:

GlobalAfricaAmericasAsiaEuropeOceania

Eligible intermediate regions (optional):

Eastern EuropeSouthern EuropeCentral AmericaSouth AmericaCaribbeanSouthern AsiaCentral AsiaSouth-eastern AsiaWestern AsiaEastern AsiaOceaniaNorthern AfricaWestern AfricaMiddle AfricaEastern AfricaSouthern Africa

Eligible countries (optional):

MexicoBelizeGuatemalaCosta RicaEl SalvadorHondurasNicaraguaPanamaAlbaniaBosnia and HerzegovinaNorth MacedoniaSerbiaUkraineBelarusRepublic of MoldovaBrazilArgentinaChileColombiaEcuadorGuyanaPeruUruguayBolivia (Plurinational State of)ParaguayVenezuela (Bolivarian Republic of)SurinameMaldivesIndiaBangladeshAfghanistanBhutanNepalSri LankaPakistanIran (Islamic Republic of)KazakhstanUzbekistanKyrgyzstanTajikistanTurkmenistanCambodiaPhilippinesIndonesiaLao People's Democratic RepublicMyanmarThailandViet NamMalaysiaTimor-LesteArmeniaTürkiyeGeorgiaJordanLebanonState of PalestineAzerbaijanIraqSyrian Arab RepublicYemenMongoliaChinaDemocratic People's Republic of KoreaMoroccoEgyptAlgeriaSudanTunisiaLibyaGabonAngolaCameroonCentral African RepublicChadCongoDemocratic Republic of the CongoEquatorial GuineaSao Tome and PrincipeKenyaMadagascarZambiaUgandaUnited Republic of TanzaniaBurundiComorosDjiboutiEritreaEthiopiaMalawiMauritiusMozambiqueRwandaSomaliaSouth SudanZimbabweSouth AfricaBotswanaEswatiniLesothoNamibiaDominican RepublicDominicaHaitiJamaicaSaint LuciaCubaGrenadaSaint Vincent and the GrenadinesMontserratSamoaFijiNauruKiribatiNiueMicronesia (Federated States of)PalauPapua New GuineaTokelauTongaTuvaluVanuatuWallis and Futuna IslandsMarshall IslandsSolomon IslandsBeninBurkina FasoCabo VerdeGhanaNigeriaSenegalSierra LeoneCôte d'IvoireGambiaGuineaGuinea-BissauLiberiaMaliMauritaniaNigerSaint HelenaTogo

Eligible sectors:

EnergyAgricultureFinancial servicesInfrastructure (Non - Energy)Industry and trade

Program status:

Open

Formal application process:

Program webpage (optional):

https://www.canada.ca/en/services/environment/weather/climatechange/canada-international-action/climate-finance.html

Primary point of contact for this program:

Request more information?

Optional offering details

Main currencies available:

CAD - Canadian dollar

Preferred ticket size range (in USD equivalent)

Debt, equity, or guarantee:

>$100 million USD, $50 million - 100 million USD, $10 million - 20 million USD, $20 million - 50 million USD

Grant:

$5 million - 10 million USD, $1 million - 5 million USD, $500,000 - 1 million USD, $100,000 - 500,000 USD

Optional eligibility information

Impact thematic focus:

Climate - MitigationClimate - AdaptationClimate - Cross-cutting (adaptation and mitigation)Climate - Nature & biodiversity

Optional application process information

Pre-accreditation requirement:

Disclaimer

All information on catalytic capital providers and programs was submitted to GCBC by third party capital providers. The Catalytic Capital repository is an open-access online tool that lists information provided by catalytic capital providers in central location for public use.