In Coastal B.C., First Nations Have Created Over 1,250 Jobs, 120 Businesses Using Conservation Finance Tool

By Coast Funds
Cision Newswire
January 31, 2023
Category: Forestry
Region: Canada, Canada West

GREAT BEAR RAINFOREST, BC – A report released today identifies job creation, economic diversification, and other outcomes from 15 years of First Nations’ investments in stewardship and economic development in the Great Bear Rainforest and Haida Gwaii. Sustaining People and Place, published by Coast Funds, describes how conservation financing has benefitted communities and supported the protection of rainforest ecosystems that are home to Spirit bears, wild salmon, and coastal wolves. Coast Funds, an Indigenous-led conservation finance organization, was created through the 2006 Great Bear Rainforest agreements to manage $120 million for First Nations’ conservation and economic development initiatives in the region. Between 2008 and 2022, Coast Funds delivered $109.2 million towards 439 stewardship and economic development projects.

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