Applications are now being accepted for the Nature Smart Climate Solutions Fund
The world is currently experiencing an unprecedented climate and ecological crisis. Climate change is warming our planet and altering the water cycle, resulting in extreme temperatures, flooding, droughts, and wildfires. It’s also contributing to the destruction of our planet’s rich biodiversity, which negatively impacts our communities and our quality of life, and threatens the livelihoods of Canadians who rely on it. Protecting more nature across Canada directly addresses these challenges.
Nature-based solutions are among the most powerful tools we have to address climate change. They leverage the power of Canada’s ecosystems to realize a number of key sustainability goals: preventing biodiversity loss, improving our resilience to extreme weather events, improving our air and water quality, securing our food supply, and capturing and storing carbon emissions that drive climate change. Actions like protecting wetlands, for example, helps capture and store carbon, while improving land management to make communities more resilient to extreme heat or flooding.
Building on Canada’s commitment to protect and conserve nature, the Minister of Environment and Climate Change, the Honourable Steven Guilbeault, announced on December 7 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 will 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.
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