Canada published its first ever national climate adaptation strategy on Thursday, including C$1.6 billion ($1.2 billion) in new federal funding commitments to help protect communities against the increasing impacts of global warming.
Like many countries around the world, Canada is seeing a rise in extreme weather caused by climate change, with average annual losses from disasters forecast to reach C$15.4 billion by 2030, according to the government.
"The fight against climate change has reached our doorstep. We must not only reduce the emissions that cause climate change, we must also adapt to the changes that are upon us," federal Environment Minister Steven Guilbeault said in a statement. Implementing new flooding and wildfire standards for new construction, for example, could save Canada an estimated C$4.7 billion a year, according to the statement, while urban forests in the city of Toronto have lowered cooling costs, improved air quality, and reduced strains on stormwater infrastructure.
The C$1.6 billion in new funding takes Ottawa's total spending earmarked for adaptation and resilience to more than C$8 billion.
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