cover image: Spending What It Takes: Transformational climate investments for long-term prosperity in Canada

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Spending What It Takes: Transformational climate investments for long-term prosperity in Canada

7 Feb 2023

In the face of these challenges, Canada must urgently and equitably decarbonize every sector of the economy both to contribute our fair share of the global climate effort and to ensure Canada’s long- term prosperity in a low-carbon global The report finds that the government of economy. [...] Transparent reporting could and made in the wake of the Paris Agreement and the subsequent should be an integral part of the 2023 Progress development of the federal-provincial-territorial Pan-Canadian Report mandated by the Net-Zero Emissions Framework on Clean Growth and Climate Change. [...] Getting to self- contributed the most to cause the problem— determination and to free, prior and informed consent high-income and wealthy households—have requires going beyond token consultation with Indigenous the greatest capacity to adapt to or avoid the Peoples to healing the relationship through partnership and consequences. [...] We recommend the creation of a youth climate We propose a $5 billion per year cost- corps at a cost of $1 billion per year, as proposed by shared transfer to provinces and territories the Climate Emergency Unit, to train young people in support of adaptation investments in for the range of skilled work necessary for the the key areas of infrastructure, public rapid change we envision.36 There are. [...] Moreover, our plan does not up over time, we adjust the path of spending so that the account for the knock-on effects of federal new climate investments in 2023/24 are 60% of the spending on other sectors of the economy, average, 2024/25 is 80% of the average, and investments including the provinces and the private sector.
Pages
34
Published in
Canada

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