Paying for Urban Infrastructure Adaptation in Canada: An Analysis of Existing and Potential Economic Instruments for Local Governments

Local governments in Canada are on the front lines of climate change impacts, but the cost of adapting infrastructure to flooding and other climate-driven challenges is a barrier to implementation. This report, developed by ACT through a project supported by Natural Resources Canada under the program of the Economics Working Group of Canada’s Adaptation Platform, the Cowichan Valley Regional District, the Pacific Institute for Climate Solutions, and the Real Estate Foundation of BC, identifies and analyzes the applications and suitability of funding sources available to Canadian local governments that can be used to pay for urban climate change adaptation, as well as innovative measures that may be implemented in the future under certain conditions.

The national Canadian Climate Change Adaptation Community of Practice (CCACoP) presented a webinar on ACT’s report on April 8th, 2015 called Adaptation Financing for Local Governments in Canada with presentations by ACT ED Deborah Harford, senior economist and report supervisor Benoit Laplante, and report co-authors and ACT researchers Lisa Danielson and Julia Berry, with comments from ICLEI Canada manager Ewa Jackson. A recording of this webinar is available at this link. If you are a member of the CCACoP, you can find the recording and PowerPoint slides saved on the webinar page.

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For specific information on funding for updating floodplain maps, please see the guide created by the BC Real Estate Association here:
http://www.bcrea.bc.ca/government-relations/flood-protection