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November 2019

Coast Funds and the Province of British Columbia announced the Renewable Energy for Remote Communities program with the Province of British Columbia today. This initiative, launching in early 2020, will see $7.9 million in new investments made with coastal First Nations towards transitioning their remote communities’ fossil fuel-dependent electrical grids to renewable energy sources.

The new initiative, Renewable Energy for Remote Communities, is a key component of the
CleanBC plan announced by Premier John Horgan with a priority of reducing climate pollution by shifting homes, vehicles, industry, and business off burning fossil fuels and toward greater use of clean B.C. electricity and other renewable energies. To undertake this initiative, the Province has partnered with Coast Funds to lead investment with 11 First Nations located within the Great Bear Rainforest and Haida Gwaii regions, and with Fraser Basin Council to lead investments in diesel-dependant communities in other regions of the province.

“Coast Funds was created by First Nations and their funding partners with a priority to invest in transitioning remote coastal communities towards renewable energy,” says Huux̱ Percy Crosby, Chair of Coast Funds. “We are grateful for this opportunity to collaborate with coastal First Nations on this core element of the Province’s CleanBC plan. New investments under this initiative will further strengthen well-being in remote coastal communities and First Nations’ efforts to protect and steward coastal ecosystems, reducing dependency on fossil fuels and the threat of oil spills in the Great Bear Rainforest and Haida Gwaii.”

Renewable Energy for Remote Communities will assist diesel-dependent communities in transitioning to renewable energy sources between 2020 and 2023. Under this new initiative, First Nations communities that are dependent on diesel to generate electricity are eligible to submit proposals with the initial call for proposals launching in December 2019.


“Our team at Coast Funds is excited to get to work with First Nations to decarbonize their energy systems and significantly reduce greenhouse gas emissions on the coast,” stated Brodie Guy, Executive Director of Coast Funds. “There are numerous opportunities to invest in micro-hydro, wind, solar, biomass co-generation, and more across the Great Bear Rainforest and Haida Gwaii and we hope this new program serves as a launching pad towards further investments that strengthen the resiliency of First Nations’ communities as we collectively adapt to and fight climate change impacts across the coast in the years ahead.”

              
 
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Photo Credit: Jiigawaay Naay Unguu, BC’s largest community-owned solar energy system at the Haida Heritage Centre at Ḵay Llnagaay. Photo by VoVo Productions.
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Coast Funds is globally recognized as a model of permanent conservation financing that invests to strengthen the well-being of First Nations and the ecological integrity of the Great Bear Rainforest and Haida Gwaii regions of British Columbia, Canada.  Since inception, Coast Funds has approved $88.1 million towards 376 conservation and sustainable economic development projects in the region. 
www.coastfunds.ca
750 - 475 West Georgia Street
Vancouver, BC  V6B 4M9
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info@coastfunds.ca

© 2017 COAST CONSERVATION ENDOWMENT FUND FOUNDATION (COAST FUNDS).  ALL RIGHTS RESERVED

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