The New Brunswick Innovation Foundation and Opportunities New Brunswick are launching a climate impact fund to finance private-sector initiatives to mitigate and adapt to climate change, with funding coming from the federal government’s redistribution of its recently imposed carbon tax.
The fund will dole out $1.5 million, split into a series of related programs.
“The funds for this program come from the federal carbon tax,” said NBIF Senior Commercialization Officer Paul Thornton in an interview.
“It's flowing through the Department of Environment and Local Government... and Opportunities