FESBC Update

British Columbia – In a report released today, the Forest Enhancement Society of BC (FESBC) has published information on the stunning outcomes of the Province’s $150 million investment under the Low Carbon Economy Leadership Fund (LCELF), showcasing the tremendous progress made through this fund toward the Government of Canada’s targets under the Paris Agreement. In 2017, the Provincial government deployed $150 million of its $250 million in funding from the federal government to FESBC, as a part of the federal government’s made-in-Canada climate plan. …Through the LCELF funding, FESBC provided grants to 134 projects throughout the province to create 1,300+ full time-equivalent jobs, plant 66 million trees, and sequester approximately 4.2 million tonnes of CO2e by 2050… Through these projects, FESBC met the target to reduce greenhouse gas emissions in the forest sector and increase the capture of carbon through the restoration of forests damaged by disease, insects, and wildfire, under B.C.’s Climate Leadership Plan.