Canadian farmers are to get up to $1 million for their work in fighting climate change by a new initiative from the Agriculture Promotion Agency (APA).
The $1.1 million is a contribution from a group of Canadians to APA’s Canada Fund to be distributed to the farmers’ organizations of Canada, APA said in a release on Tuesday.
The funds will be distributed over the next three years.
“Climate change is the greatest challenge our country faces and APA will support Canadian farmers to meet their climate commitments,” APA President and CEO, Jeff Cote, said in the release.
The program is the latest in a string of climate change-related initiatives by the APA, which is in the process of creating a national climate change strategy.
The agency was founded in 1998 and is headquartered in Ottawa.
The APA is a not-for-profit, public-private partnership that promotes the interests of the Canadian agriculture industry, as well as other economic sectors, with the goal of supporting the country’s agriculture, natural resources and other economic activities.
The $300 million fund is part of APA Canada’s broader $1 billion climate change commitment, which will help the agency help farmers to adapt to climate change in Canada.
The climate change funding was announced at a news conference Tuesday morning in Ottawa, where APA CEO Jeff Cotes announced the fund.
He said APA was already working with farmers to help with the implementation of climate-smart crop production and other projects to protect agricultural jobs and the environment.
APA also has a $2 billion climate finance program, but the APAs climate funding is much larger and includes more than a billion dollars in cash and loans.
“The APA has long supported the efforts of Canadian farmers, and we continue to do so, by investing in the development of climate resilience and the development and operation of our climate finance programs, as part of our long-term strategy to improve the climate resilience of the economy,” Cote said in his statement.
APAs funding will be used to: improve the performance of Canadian agriculture, and help farmers and other stakeholders adapt to the changing climate; improve food security; help farmers transition to climate-safe production practices and strategies; create jobs and grow the economy.
The APAs Climate Change Strategy is being developed in consultation with farmers and their communities, with APA supporting their input into the strategy and helping them to build resilience and build capacity to adapt.
“It is important to recognize that our country has already seen a lot of progress and we have made significant progress over the past decade in addressing climate change, but our efforts will only continue to grow as climate change intensifies,” Cotes said.
“By continuing to invest in our climate resilience efforts, we will continue to achieve our country’s goals for sustainable food production and support the economy of the country.”
APA and APAs chief executive officer, Jeff Stearns, are set to hold their annual meeting in Toronto on Thursday.
AAPA is one of Canada’s biggest agricultural producers and one of the world’s largest exporters of agricultural products, according to APSA’s annual report for the year ending December 31, 2018.
It reported sales of $8.4 billion in 2018, up 11.4% from the year before.
Cote, who was named APA president and CEO in 2018 and is now the president of APS International, will continue in his role as CEO of APAs Global Strategy.
He also will continue as APA executive director of global agriculture.