Coast Funds was created in 2007 out of mutual recognition by conservationists, First Nations, industry, and government that a sustainable economy is vital to conservation efforts in the Great Bear Rainforest and Haida Gwaii areas of British Columbia.
First Nations communities have cared for and depended on their traditional territories within this region for their cultural, social, and economic well-being since time immemorial. The region also has compelling conservation values. The Great Bear Rainforest and Haida Gwaii are magnificent old growth forest ecosystems representing one-quarter of the world’s remaining coastal temperate rainforest, supporting wild Pacific salmon, grizzly bears, wolves, and the white “spirit” bear among many other species.
The key to a healthy environment in the Great Bear Rainforest is the maintenance of the link between the environment, local First Nations, and supporting a sustainable economy and healthy communities. The way in which First Nations manage the environment and the economy of the region will determine not only their own future, but the future of the Great Bear Rainforest and Haida Gwaii as a whole.
Coast Funds was created to make the vital connection between sustainable development projects that embrace conservation values; the social, cultural and economic well-being of the First Nations communities; and long-term conservation of the region. Designed as a global model of what conservation must become—an inherent part of healthy economies, environments and cultures—our funds are dedicated to empowering the First Nations in the Central and North Coasts and Haida Gwaii in achieving healthy and vibrant economies and communities in tandem with the conservation of their homelands for the benefit of future generations.
Coast Funds is governed by its founding documents, established by the Funders:
- Conservation Investments and Incentives Agreement (CIIA)
- Performance and Accountability Agreement (PAFA)
> For more governance documents, bylaws, and policies, see our Governing Documents.
> For more about our history, see the Great Bear Rainforest and Haida Gwaii