Canadian Manufacturing

Federal government commits $200M to address climate change through nature-based solutions

Supported projects will focus on restoring degraded ecosystems and conserving carbon-rich areas at high risk of conversion.

December 7, 2021  by CM Staff

OTTAWA — On Dec. 7, the Minister of Environment and Climate Change, Steven Guilbeault, announced that applications are now being accepted for the Nature Smart Climate Solutions Fund. With up to $200 million available over the next five years, the funding hopes to help individuals and organizations reduce Canada’s greenhouse gas emissions by conserving, restoring, and enhancing the management of critical ecosystems. Supported projects will focus on restoring degraded ecosystems and conserving carbon-rich areas at high risk of conversion. Proposed projects would also focus on improving land management practices, especially in the agriculture, forest, and urban development sectors. Funding applications for projects to be completed in 2022–2023 will be accepted until January 25, 2022.

Important work under the Nature Smart Climate Solutions Fund, launched earlier in 2021, has already begun. Fourteen projects received funding in 2021–2022 and are projected to conserve up to 30,000 hectares; restore up to 6,000 hectares; and contribute to the enhanced management of up to 18,000 hectares of wetlands, grasslands, and riparian areas. The Fund will provide over $71 million over three years for projects, including three Prairies-based projects with Ducks Unlimited, the Nature Conservancy of Canada, and the Manitoba Habitat Heritage Corporation.

“Canada is home to 24 percent of the world’s wetlands, 25 percent of temperate rainforest areas, and 28 percent of remaining boreal forests. These ecosystems are globally significant for absorbing carbon, mitigating the impacts of climate change, and protecting biodiversity. Investments to conserve, restore, and enhance these vital ecosystems and increase their resilience support our targets to address climate change and contribute to Canada’s efforts to transition to a net-zero economy by 2050, help stem biodiversity loss, and contribute to job creation in the green economy.” said Steven Guilbeault, Minister of Environment and Climate Change.

Advertisement