YOUR PERSPECTIVE: Building a cleaner economy in B.C.
For many of us across B.C., the impact of climate change is felt most strongly right now, as wildfires displace people from their homes and threaten the communities and natural places we love. We know that flooding, drought, and other climate emergencies are also increasing in severity across B.C. and Canada.
We need to continue to act with urgency, investing not just in emergency management initiatives, but also to cut emissions and to build a cleaner, stronger economy that works for everyone in B.C. We’re working with industry to switch to cleaner fuels, boost energy efficiency, and bring in new technologies that keep us competitive in a low-carbon world.
Over the past six years, we’ve also helped companies across British Columbia test and roll out clean technologies that help reduce their emissions while lowering financial risk. Since 2019, we’ve committed $368 million through the CleanBC Industry Fund to 173 projects that are expected to prevent more than 14 million tonnes of greenhouse gases over the next decade, equivalent of eliminating over 20% of emissions from all heavy-duty vehicles in B.C.
That’s why it is great news that this year, we’re adding another $35 million to keep that momentum going, create local jobs and strengthen our communities with a brand-new intake of projects. For every $1 invested by the province, the fund has leveraged an average of $2 in additional investment from industry and other partners.
