Nature

Canada Announces $175M Funds for Nature Projects under Target 1 Challenge

Environment and Climate Change Canada has launched the Target 1 Challenge, a part of Canada's Nature Fund, which will provide up to $175 million for projects that assist the govt. in reaching its biodiversity target 1 of protecting 17 per cent of land and inland water by 2020.

The Federal funding will be matched by partners, doubling financial support to protect Canada's nature.

The funding is part of Budget 2018's historic $1.3 billion investment in nature.

Funding through the Target 1 Challenge is open to projects led by provinces, territories, Indigenous Peoples, and the private and not-for-profit sectors that expand or strengthen Canada's network of protected and conserved areas.

These projects will contribute to Canada's goal of doubling the amount of nature protected across the country. Projects will also support sustainable economic growth and job creation and will demonstrate global leadership in protecting biodiversity.

The application process includes an expression of interest and final proposal phase.

Interested organizations are encouraged to submit an initial expression of interest by January 31, 2019. Final proposals must be submitted by midnight, Pacific Standard Time, on March 15, 2019. Interested organizations are encouraged to review the guidebook for applicants at Canada.ca/Nature-Legacy.

Catherine McKenna, Minister of Environment and Climate ChangeNaturestated, “The Target 1 Challenge will help us reach our goal of doubling the amount of nature we're protecting, in Canada's lands and oceans, and ensure clean air and clean water for all Canadians. By working together, we can pass on a healthy environment to our kids and grandkids.”

Globally, Canada has 20 per cent of freshwater resources, 24 per cent of wetlands, 25 per cent of temperate rainforest area, and 33 per cent of remaining boreal forest.