The Cost of Climate Adaptation

The Federation of Canadian Municipalities (FCM) and IBC have partnered on a new report that demonstrates the urgent need for new investments in local climate adaptation – and the areas where that investment is needed most. 

According to the report’s findings, avoiding the worst impacts of climate change at the municipal level will cost an estimated $5.3 billion per year shared amongst all three orders of government. Those investments are critical to helping local communities adapt to the changing climate, and to reduce risk from extreme weather.

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