Federal government commits to developing conservation finance model for Great Bear Sea

Federal government commits to developing conservation finance model for Great Bear Sea

The federal government announced its plan to invest $800 million in four Indigenous-led conservation initiatives across Canada, including a commitment to join our Nations to develop a conservation finance model for the Great Bear Sea today. The Project Finance for Permanence (PFP) is a unique funding model designed to provide sustainable and accessible funds for community-led conservation projects. Through this initiative, our Nations will bring together government and philanthropic partners, along with other investors, to secure durable financing for effective marine stewardship and collaborative governance.