Toronto, April 07, 2022 (GLOBE NEWSWIRE) — TORONTO, APRIL 7, 2022 — Canada’s 2022 federal budget arrives amid deafening calls for urgent and ambitious action to deal with the worsening biodiversity and climate crises. New funding for the protection and restoration of nature sends a clear message that these crises are inextricably linked, and require coordinated actions to avoid the worst outcomes of climate change.
WWF-Canada celebrates the injection of $780-million into the Nature Smart Climate Solutions Fund for nature-based solutions. Alongside ambitious decarbonization efforts, they are critical to meeting Canada’s climate and biodiversity targets, and protecting 30 per cent of lands and waters by 2030.
We also applaud the creation of the British Columbia Old Growth Nature Fund ($55.1-million over three years) and the dedication of $77.1-million over five years toward community-level wildfire management. These forests provide critical habitat to at-risk species, absorb and store high amounts of carbon and are of deep cultural significance to B.C. First Nations. Proper stewardship of these lands is critical, and we call for much of this funding to be directed to Indigenous communities.
“It’s quite simple: more nature provides more habitat for wildlife, including species at risk, and stores more carbon. With one-third of the planet’s remaining intact wilderness nestled between our three oceans — and within Indigenous traditional territories — how we conserve and restore this nature will impact biodiversity loss, climate change and reconciliation,” says Megan Leslie, WWF-Canada’s president and CEO.
“So, we could not be more pleased to see nature-based solutions, which form the foundation of our 10-year strategic plan, playing a role in the 2022 budget. But execution is as important as funding — these efforts will require the right actions in the right places, and with the right attention to Indigenous rights, to ensure the outcomes we need to…
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