Coast Funds and the Province Announce New Fund for First Nations’ Investments in Renewable Energy in the Great Bear Rainforest and Haida Gwaii
For Immediate Release
GREAT BEAR RAINFOREST, BRITISH COLUMBIA — Coast Funds—an Indigenous-led conservation finance organization created by First Nations, the governments of British Columbia and Canada, and private foundations—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.”
“In early 2019, Coastal First Nations expressed to the Province that we desired Coast Funds to lead delivery of this important initiative with First Nations on the coast,” says K̓áwáziɫ Marilyn Slett, President of Coastal First Nations. “Coast Funds is uniquely positioned to work closely and collaboratively with First Nations communities as we finance efforts to reduce our communities’ dependency on fossil fuels to power our remote locations at the same time as we safeguard our territories for future generations.”
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.
The following First Nations communities will be eligible under the Renewable Energy for Remote Communities program when it launches in December:
Coast Funds will work with all 11 eligible First Nations to develop strong proposals and business plans to maximize access to the Province’s new program under its CleanBC plan. Coast Funds will be engaging with First Nations in November and December to prepare for the initial call for proposals, anticipating that the initial call will be oversubscribed and proposed projects will be ranked by a Joint Review Committee convened by the Ministry of Energy, Mining and Petroleum Resources based on projects’: volume of greenhouse gas displacement; cost-effectiveness; contribution to social, economic, and environmental resilience of communities; technical feasibility and risk mitigation; capital planning and long-term financial viability; project management; and degree of community engagement and partnerships.
Communities that are not dependent on fossil fuels to power their remote community electricity grids are not eligible for funding under Renewable Energy for Remote Communities program. However, all communities should be aware that there are multiple programs focused on renewable energy and reducing climate pollution under CleanBC. Please visit the following resource provided by the Province of British Columbia for all currently available funding programs: http://www.gov.bc.ca/renewable-energy-remote-communities.
“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.”
About Coast Funds
Coast Funds is a globally recognized model of Indigenous-led, permanent conservation finance 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. Founded with $118 million in 2007, Coast Funds is a partnership of private foundations and government. As of October 2019, Coast Funds has approved $88.1 million towards 376 conservation and sustainable economic development projects. For more information, visit: http://www.coastfunds.ca
Renewable Energy for Remote Communities is a key component of the Remote Communities Clean Energy Strategy, announced in the Province of British Columbia’s CleanBC plan. CleanBC contains both actions to reduce greenhouse gas emissions and build the B.C. economy. By 2030, the strategy aims to reduce province-wide diesel consumption for generating electricity in remote communities by 80%. The CleanBC plan was developed as a pathway to achieve the Province’s legislated climate targets of reducing greenhouse gas emissions by 40% by the year 2030, based on 2007 levels. For more information, visit: https://cleanbc.gov.bc.ca/
T: 604-684-0223 ext 2
Ministry of Energy, Mines and Petroleum Resources
Senior Policy Analyst
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