Net-Zero Emissions by 2050
1. Canada's Renovation Wave: A Plan for Jobs and Climate: CAD 10 billion–15 billion per year for 10 years to enable the renovation wave, including deep retrofits for residential and commercial buildings, Indigenous communities, and skills and market development.
2. Phasing Out Fossil Fuel Subsidies & Re-Orienting Public Finance: Recommendations to not introduce new fossil fuel subsidies, to phase out existing subsidies on an ambitious timeline, and to align all public finance with Canada's climate commitments.
Full Nature Recovery by 2050
3. Freshwater Management for the 21st Century: CAD 1.256 billion over 5 years to protect, manage, and restore Canada’s freshwater resources.
4. Permanent Funding for Protected Areas: CAD 1.4 billion per year in permanent funding, increasing to CAD 2.8 billion per year by 2030–31 for managing terrestrial and marine protected areas.
Environmental Justice
5. Office of Environmental Justice and Equity: CAD 25 million over 2 years, then CAD 15 million per year ongoing to create a new Office of Environmental Justice and Equity.
The Green Budget Coalition also recommends investments in transportation, renewable energy, nature restoration, fisheries management, action on toxics, sustainable agriculture, and other environmental issues.
“Our recommendations detail the investments needed to address the critical environmental challenges that Canada and the world face,” said Doug Chiasson, Green Budget Coalition Co-Chair and Senior Specialist, Marine Ecosystems and Government Engagement, WWF-Canada. “We will be looking for them in the Speech from the Throne and are ready to work with all parties to ensure these investments conserve biodiversity, fight climate change, and create jobs for Canadians.”
Twenty-three of Canada’s largest environmental and conservation organizations form the Green Budget Coalition. Together, these groups have more than a million members and supporters, and decades of experience solving Canada’s biggest environmental challenges.
