New $300M fund aims to protect old-growth forests, other natural spaces in B.C. from development

The province says its commitment of $150 million, which will be matched by the B.C. Parks Foundation, will be used to purchase and protect land from development or industrial activities, such as logging, by designating them as parks or Indigenous Protected and Conserved Areas.

New $300M fund aims to protect old-growth forests, other natural spaces in B.C. from development
B.C. premier David Eby, surrounded by several cabinet ministers in Victoria's Beacon Hill Park, announces a $300 million conservation funding tool on Thursday Oct. 26, 2023 to help protect ecosystems in the province.

The province says its commitment of $150 million, which will be matched by the B.C. Parks Foundation, will be used to purchase and protect land from development or industrial activities, such as logging, by designating them as parks or Indigenous Protected and Conserved Areas.