Collaborative Effort Launches Initiative to Safeguard Great Bear Sea’s Marine Ecosystems
Vancouver, British Columbia – In a historic announcement Tuesday in Vancouver, the Government of Canada, the Government of British Columbia, and 17 First Nations unveiled the Great Bear Sea Project Finance for Permanence (PFP) initiative. This initiative marks a significant milestone in marine conservation, aiming to safeguard the biodiversity-rich Great Bear Sea for generations to come.
The Great Bear Sea PFP initiative, led by Indigenous communities, secures a total investment of $335 million, with contributions from various stakeholders. The Government of Canada commits $200 million, British Columbia allocates $60 million, and $75 million is pledged by philanthropic organizations worldwide. These funds will support comprehensive marine protection strategies, sustainable economic activities, and the enhancement of Indigenous Guardian programs across the Northern Shelf Bioregion.
Canada, B.C., First Nations, and generous partners have come together to protect the Great Bear Sea region off our West Coast.
Indigenous Peoples have long understood that this is one of the richest ecosystems in the world — and it’s going to stay that way for generations to… pic.twitter.com/eBSDEphgdb
— Justin Trudeau (@JustinTrudeau) June 25, 2024
Stretching across globally significant marine habitats, the Great Bear Sea hosts diverse populations of marine life, including fish, whales, corals, and seabirds. The initiative will expand the Marine Protected Area (MPA) Network by 14,000 square kilometers, encompassing approximately 30% of the Great Bear Sea. This expansion builds upon existing protected areas, reinforcing conservation efforts and bolstering the resilience of coastal communities.
“Indigenous Peoples have been the stewards and caretakers of Canada’s vast lands and waters since time immemorial.,” stated Prime Minister Justin Trudeau. “Today’s announcement is an important step in our governments’ efforts to collaborate on and advance Indigenous-led projects that will protect the health of our marine ecosystems for future generations.”
The initiative’s implementation will involve ongoing consultation with First Nations, industry stakeholders, and the public to develop tailored management plans for each MPA. These efforts aim to integrate traditional knowledge with scientific research, promoting a holistic approach to marine conservation and sustainable resource management.
As Canada continues to prioritize environmental stewardship, the Great Bear Sea PFP initiative stands as a testament to effective partnerships and shared responsibility in protecting our marine heritage.
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