UNDER EMBARGO UNTIL WEDNESDAY, November 9, 2022 AT 10 AM EST - Canada must scale up funding to meet climate and nature

UNDER EMBARGO UNTIL WEDNESDAY, November 9, 2022 AT 10 AM EST Canada must scale up funding to meet climate and nature goals, urge 21 leading environmental organizations Amidst global climate and nature summits, the Green Budget Coalition detailed the federal investments needed to accelerate climate action and reverse biodiversity loss Ottawa (November 9, 2022) - As discussions continue at the 27th. [...] “We’re highlighting the most effective and urgent federal investment opportunities for climate, nature, and environmental justice,” said Theresa McClenaghan, Green Budget Coalition Co-Chair and Executive Director and Counsel for the Canadian Environmental Law Association, in releasing the Coalition’s Recommendations for Budget 2023. [...] “As Hurricane Fiona and other recent floods and fires have illustrated, we must accelerate action to stem climate change and species collapse.” The Green Budget Coalition’s five feature recommendations will create jobs, enhance affordability, and support Indigenous leadership and well-being: 1. [...] The Green Budget Coalition also recommends strengthening carbon pricing, reducing climate- and nature- damaging subsidies, and funding implementation of the forthcoming National Adaptation Strategy, as well as further investments in municipal climate action, transportation, nature restoration, freshwater, fisheries management, action on toxics, and other important environmental issues. [...] - 30 - About the Green Budget Coalition: The Green Budget Coalition, founded in 1999, brings together 21 leading Canadian environmental and conservation organizations to present an analysis of the most pressing issues regarding environmental sustainability in Canada and to make recommendations to the federal government regarding strategic fiscal and budgetary opportunities.