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Canadian Prime Minister Justin Trudeau and his wife, Sophie Grégoire, arrive for the opening ceremony of the Commonwealth Heads of Government Meeting in Valletta, Malta, on Nov. 27, 2015.STEFAN ROUSSEAU/Reuters

Prime Minister Justin Trudeau's government announced an increase in Canadian funding for developing countries, putting in $2.65-billion over five years.

The money is a key element of international climate change talks: Nations agreed at the Copenhagen summit ‎that by 2020, wealthier nations would transfer $100-billion to poorer ones to fund climate policies.

Mr. Trudeau is heading to the start of UN-sponsored global climate talks in Paris on Sunday – and he was expected to bring a pledge of cash.

Foreign Affairs Minister Stephane Dion boasted it is more than a doubling of the sums Canada contributed in the past.‎ "It's much more than we ever did," he told reporters.

The money will go both to mitigate damage from climate change and fund emissions-reductions projects in developing countries, notably in Africa and among Pacific islands, Mr. Dion said.

The former Conservative government contributed $1.2-billion over five years to so-called fast-track climate funds after the 2009 Copenhagen climate summit, and also put in a separate sum of $300-million over two years.

‎But the new, $2.65-billion pledge is less than that of some other developed nations, such as Britain, which has pledged £5.8-billion pounds ($10-billion) over five years.

By 2020, t‎he Canadian government will put in $800-million annually.

Environmentalists argue Canada's fair share of the $100-billion annually that is pledged for 2020 should be about $4-billion.

Mr. Dion noted that that sum is supposed to be Canada's contribution from both public and private sources, and that the $800-million Canada will contribute in 2020 will attract private "partners" and generate a total of $4-billion. He did not specify by what mechanism such private funds would be attracted, or what incentives might be provided to generate private capital.