$4.8M for First Nations’ Stewardship and Economic Development Approved by Coast Funds in 2018
In 2018, Coast Funds’ board of directors approved $4.8 million to support 23 First Nations-led projects. Each endeavour is making a big impact on the well-being of First Nations communities and showing the world that a sustainable economy is vitally linked to conservation efforts.
For 10 years, Coast Funds has supported the amazing work First Nations are undertaking to steward their territories and build a sustainable economy throughout the Great Bear Rainforest and Haida Gwaii.
Since inception, our board of directors has approved $81.6 million towards 353 conservation and sustainable economic development projects.
Each of these programs ensures First Nations can monitor and protect the cultural and natural resources of their vast territories. Initiatives include developing and implementing land use management plans, protecting areas of cultural importance, and ensuring Indigenous knowledge and laws are incorporated into all aspects of stewardship and resource management.
In Knight Inlet, the Guardians of Da’naxda’xw First Nation constructed three cabins throughout their territory, allowing them to improve regional monitoring efforts, research projects, and the safety of their stewardship staff.
Coast Funds’ board of directors approved $2.4 million for 10 sustainable economic development projects in 2018. Each project supports the growth of a diverse and sustainable economy along the central and north coast.
This year on the north coast, the Gitga’at Development Corporation is establishing a laundromat service in Prince Rupert, and on the central coast Hamasta Reforestation is starting a silviculture business. Each business created helps strengthen First Nations’ economies and reduce community reliance on single industries.
Companies like the Heiltsuk Economic Development Corporation are creating training and job opportunities for local residents. That means members can stay in their home communities rather than migrating to urban centres.
In 2018, a number of First Nations in the Great Bear Rainforest continued to develop their cultural and eco-tourism industries. Xwémalhkwu (Homalco) Nation is supporting employment for its members through Homalco Wildlife Tours. Nuxalk Nation is building longhouse cabins and a beautiful new restaurant along the edge of the Bella Coola River.
This year, Coast Funds’ board of directors approved $4.8 million to support 23 First Nations-led projects. Each endeavour is making a big impact on the well-being of First Nations communities and showing the world that a sustainable economy is vitally linked to conservation efforts.
See the full list of approved conservation and economic development projects here, and learn about how First Nations-led initiatives are strengthening community well-being here.
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