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Eco-Funding Deal Reached for Canadian Rainforest

[Canada] International environmental groups and Canadian officials said Sunday they have struck a C$120 million ($103 million) deal to help fund environmentally friendly businesses in Canada ‘s Pacific coast rainforest. The deal comes nearly a year after environmentalists, the timber industry and aboriginal communities in the coastal region reached a landmark agreement to end a long battle over protecting wilderness valleys in the area often referred to unofficially as the Great Bear Rainforest. International donors, primarily in the United States , had pledged C$60 million to help develop eco-tourism and other industries. That money was contingent on both Ottawa and the province of British Columbia paying C$30 million.

News notes are courtesy of Southern Forests Network News Notes
www.southernsustainableforests.org

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