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- To focus on Canada's commitment to protecting and conserving nature, the government of Canada has established the Nature Smart Climate Solutions Fund (NSCSF) which is managed by the Minister of Environment and Climate Change (ECCC).
- The fund has three project streams, including a Place-based actions stream, a Sector-based policy stream, and a Reverse auction pilot stream.
The conservation and restoration of nature are necessary to reduce the increasing climate change. Climate change is warming oceans, causing sea levels to rise, changing precipitation and temperature, and melting glaciers, snow ice, and permafrost.
So, to address climate change and biodiversity loss, the government of Canada has introduced the Nature Smart Climate Solutions Fund (NSCSF). In this article, we will learn about the NSCSF in Canada.
Natural climate solutions are needed to fight the climate and nature crises as it helps in eliminating greenhouse gases from the air and conserving the earth’s adaptive potential to lower the risk from natural calamities.
To focus on Canada's commitment towards protecting and conserving nature, the government of Canada has established the NSCSF which is managed by the Minister of Environment and Climate Change (ECCC).
The NSCSF supports partner-led projects which will help in reducing greenhouse gases and will increase carbon sequestration on Canadian soil.
Nature-based solutions are referred to as actions that help in conserving, sustainably managing, and restoring ecosystems. Its actions help the following:
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