Speech (committee meeting)

{
    "time": "2013-04-23 16:50:00",
    "attribution": {
        "en": "Ms. C\u00e9line Bak",
        "fr": ""
    },
    "content": {
        "en": "<p data-HoCid=\"3309092\" data-originallang=\"fr\">Thank you very much for that question.</p>\n<p data-HoCid=\"3309093\" data-originallang=\"fr\">As you know, Canada has made significant investments in what is referred to as short-term financing,</p>\n<p data-HoCid=\"3309094\" data-originallang=\"en\">short-term or fast-start financing,</p>\n<p data-HoCid=\"3309095\" data-originallang=\"fr\">in the context of discussions on climate change. Those investments amount to $891.5 million. The investments were allocated to international development funds\u2014the Asian Development Bank, the Inter-American Development Bank, the World Bank, and one of its members, the International Finance Corporation.</p>\n<p data-HoCid=\"3309096\" data-originallang=\"fr\">Those investments show that this is a priority for the government. However, we're talking about a step that is preliminary to the next stage, which is referred to as long-term finance in the world of climate change. In that next phase, $100 billion a year needs to be invested to facilitate the creation of an energy infrastructure that could help us manage climate change.</p>\n<p data-HoCid=\"3309097\" data-originallang=\"fr\">Our clean technology companies have products that are appropriate for those markets. However, historically, we have not taken our share of the market. Let's say that there is room for improvement in this area, where Canada could play a much more important role.</p>",
        "fr": "<p data-HoCid=\"3309092\" data-originallang=\"fr\">Merci beaucoup de cette question.</p>\n<p data-HoCid=\"3309093\" data-originallang=\"fr\">Comme vous le savez, le Canada a fait d'importants investissements dans ce qu'on appelle le financement \u00e0 court terme, </p>\n<p data-HoCid=\"3309094\" data-originallang=\"en\">\u00e0 court terme ou le financement de d\u00e9marrage rapide,</p>\n<p data-HoCid=\"3309095\" data-originallang=\"fr\">dans le contexte des discussions sur les changements climatiques. Ces investissements se chiffrent \u00e0 891,5 millions de dollars. Ils ont \u00e9t\u00e9 attribu\u00e9s aux fonds internationaux de d\u00e9veloppement, soit la Banque asiatique de d\u00e9veloppement, la Banque interam\u00e9ricaine de d\u00e9veloppement, la Banque mondiale et, sp\u00e9cifiquement au sein de la Banque mondiale, ce qui s'appelle The International Finance Corporation.</p>\n<p data-HoCid=\"3309096\" data-originallang=\"fr\"> Ces investissements illustrent le fait que c'est une priorit\u00e9 pour le gouvernement. Toutefois, il s'agit d'une phase pr\u00e9alable \u00e0 la prochaine phase qui s'appelle, dans les termes utilis\u00e9s dans le monde des changements climatiques, <em>long term finance</em>. Dans cette prochaine phase, on parle de 100 milliards de dollars par ann\u00e9e d'investissements pour faciliter la cr\u00e9ation d'une infrastructure \u00e9nerg\u00e9tique qui pourrait nous permettre de g\u00e9rer les changements climatiques.</p>\n<p data-HoCid=\"3309097\" data-originallang=\"fr\">Nos compagnies de technologies propres ont des produits qui sont appropri\u00e9s pour ces march\u00e9s. Par contre, historiquement, nous n'avons pas pris la part de march\u00e9 qui nous revient. Disons que c'est un domaine \u00e0 d\u00e9velopper et que c'est un domaine o\u00f9 le Canada pourrait jouer un r\u00f4le beaucoup plus significatif.</p>"
    },
    "url": "/committees/natural-resources/41-1/76/celine-bak-2/",
    "politician_url": null,
    "politician_membership_url": null,
    "procedural": false,
    "source_id": "7975710",
    "document_url": "/committees/natural-resources/41-1/76/",
    "related": {
        "document_speeches_url": "/speeches/?document=%2Fcommittees%2Fnatural-resources%2F41-1%2F76%2F"
    }
}