BC Parks Foundation

New Funding to Tackle Biodiversity Loss

October 26, 2023

by BC Parks Foundation

BC Parks Foundation and Province of BC pledge $300 million to tackle biodiversity loss with First Nations

The BC Parks Foundation and the Province of BC jointly announced funding to improve biodiversity and climate security in BC in collaboration with First Nations.

The Province of BC committed $150 million, and the BC Parks Foundation commits to secure an additional $150 million through its crowdsourcing and partnership model.

The commitment is part of a unique 'made in BC' public-private partnership approach where the Foundation guarantees the matching funds to the Province, donors can contribute to projects knowing their dollars will be matched by Provincial funding, and First Nations and other partners can propose projects knowing long term stable funding is available.

Funds will be managed within the Foundation and overseen independently from government by a Strategic Oversight Committee made up of experts, half of whom will be First Nations.

An interim committee will design the Fund, which will be launched in the spring of 2024.

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