New Contribution Model to Finance Local Governments in the Climate Transition

Whereas significant costs for climate mitigation and adaptation are and increasingly will be shouldered by local governments; And whereas local governments are severely limited to property taxes and grants to fund climate-related costs: Therefore be it resolved that UBCM ask the Minister of Municipal Affairs and BC Cabinet to establish a new contribution model similar in size and structure to the Canada Community Building Fund in order to accelerate local government climate-related investments.