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First Nations Announce Over $25 Million in New Renewable Energy Investments to Decarbonize Their Coastal Communities

Coast Funds
Thursday, June 18, 2020

Coast Funds, Dzawada̱ʼenux̱w First Nation, Kitasoo/Xai’xais First Nation, and the Province of British Columbia announced over $25 million in new First Nations’ investments to transition coastal communities from dependence on fossil fuel-powered electricity to sustainable, locally powered renewable energy systems, eliminating over 175,000 tonnes of greenhouse gas emissions.

These First Nations’ investments are financed with $7.9 million from the Renewable Energy for Remote Communities program, launched under a partnership between Coast Funds and the Province of B.C. The Renewable Energy for Remote Communities program is a key component of the Province’s CleanBC plan. By 2030, the Province aims to reduce province-wide diesel consumption for generating electricity in remote communities by 80% under CleanBC.

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