cover image: UNDER EMBARGO UNTIL Wednesday, November 8, 2023 AT 10 AM EST - Canada must scale up funding to meet climate and nature targets, urge 22 leading

UNDER EMBARGO UNTIL Wednesday, November 8, 2023 AT 10 AM EST - Canada must scale up funding to meet climate and nature targets, urge 22 leading

7 Nov 2023

With a fall economic statement expected soon and the UN climate COP28 starting on November 30th, the Green Budget Coalition today released a comprehensive set of fiscal recommendations for how the federal government can simultaneously address these linked climate and biodiversity crises, while strengthening Canada’s economy and improving affordability and quality of life for people in Canada. [...] “We’re highlighting the most effective and urgent federal investment opportunities for climate, nature, jobs, and affordability,” said Will Bulmer, Green Budget Coalition Co- Chair and Lead Specialist, Government Relations at WWF-Canada, on releasing the Coalition’s Recommendations for Budget 2024. [...] “As repeated floods, fires and smokey air have illustrated, we must accelerate action to mitigate and adapt to climate change and halt and reverse biodiversity loss.” The Green Budget Coalition’s five feature recommendations would also create jobs, enhance affordability, and support Indigenous leadership and well-being: 1. [...] Financing nature protection and recovery in Canada - Halting and reversing biodiversity loss, prioritizing permanent and long-term financing to support Indigenous-led conservation, and eliminating environmentally-harmful subsidies; 2. [...] Sustainable agriculture - Helping producers and Canada be leaders in sustainable and innovative agriculture ($4.5 billion over five years); Twenty-two of Canada’s largest environmental and conservation organizations form the Green Budget Coalition.

Authors

Andrew Holland

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2
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Canada