- Intact invests $2 million over
two years to support practical solutions that will help
municipalities address and prepare for severe weather events
- Municipalities can now apply to receive up to $200,000 for climate resilience projects
- Application portal is open from September 9, 2024 to January 31, 2025
TORONTO, Sept. 9,
2024 /CNW/ - Intact Financial Corporation (TSX: IFC)
is now accepting applications for its 2024 Municipal Climate
Resiliency Grants program. Intact has doubled its investment in
this program to $2 million dollars
over two years, supporting municipalities and communities across
Canada develop and implement
practical solutions to mitigate the future impacts of flooding and
wildfire.
"In the aftermath of this summer's devastating extreme weather
events, our teams continue to work around the clock supporting
thousands of customers and homeowners across the country get back
on track." said Carla Smith,
Executive Vice President and Chief Strategy, Climate and People
Officer, Intact Financial Corporation. "As the frequency and
severity of extreme weather events continues to increase, there is
an urgency for society to become more resilient to the impacts of a
changing climate, which is why we are committed to helping even
more municipalities and communities through our Municipal Climate
Resiliency Grants program."
The Municipal Climate Resiliency Grants program funds projects
led by municipalities, registered charities, and Indigenous
communities that assess and address their exposure to the
increasing threats of extreme weather, while also mobilizing
residents in the process. Funding decisions for grants will be
announced in early 2025 so that projects can be launched quickly to
address the immediate needs of communities across Canada. Eligible projects should target
communities and residents that are most vulnerable to the impacts
of climate change and have concrete indicators of success, with the
potential to be scaled across the community.
"Building climate resilience is central to Intact's strategy.
For over a decade, we have been on the front lines of climate
change, helping our communities recover from the devastating
impacts of extreme weather while funding climate adaptation
research and projects to help society prepare for and mitigate the
impacts of flooding and wildfire events," added Ms. Smith. "Since
2010, we have invested $25 million in
more than 100 climate adaptation projects and we are looking
forward to partnering with even more municipalities and communities
across the country as we collectively build towards a more climate
resilient future."
As part of Intact's 2022 Municipal Climate Resiliency Grants
program, Intact invested a total of $1
million in ten climate adaptation projects including the
development of an intervention plan for the Rivière à la Raquette
watershed with Nature-Action Quebec.
"We really appreciate the funding we received from Intact's
Municipal Climate Resiliency Grants program. It allowed us to
identify priority areas for intervention in order to carry out
restoration activities along the shorelines of the Rivière à la
Raquette watershed," said Arianne
St-Pierre, Project Manager at Nature-Action Québec. "This
work is essential in helping our communities adapt to climate
change and in preventing shoreline erosion to ensure public safety.
Intact's support helped us go further in implementing these
actions."
For more details about Intact's Municipal Climate Resiliency
Grants program, including the full list of 2022 partners and
details on the application process please visit the Intact
Financial Corporation website.
Resources to build a project application:
Intact's Municipal Climate Resiliency Grants prioritize
initiatives that implement proven adaptation solutions including
flood and fire tools available by the Intact Centre on Climate
Adaptation at the University of
Waterloo, and through FireSmartTM community
assessments.
- FireSmart leads the development of resources and programs to
help Canadians increase resilience to wildfire
- The Intact Centre provides a Municipal Flood Risk Check-Up
self-assessment. These tools can help assess potential hazards and
actions to reduce risks.
- The Intact Centre has additional free resources and tools for
individuals and communities to help protect themselves from floods
and wildfires.
For specific questions on the granting process please reach out
to the Intact Foundation at intact.foundation@intact.net.
For any technical difficulties with the application form, please
contact the Client Technical Support team at
grants@benevity.com.
About Intact Financial Corporation
Intact Financial Corporation (TSX: IFC) is the largest provider
of property and casualty (P&C) insurance in Canada, a leading provider of global specialty
insurance, and, with RSA, a leader in the U.K. and Ireland. Our business has grown organically
and through acquisitions to over $22
billion of total annual premiums.
In Canada, Intact distributes
insurance under the Intact Insurance brand through a wide network
of brokers, including its wholly owned subsidiary BrokerLink, and
directly to consumers through belairdirect. Intact also provides
affinity insurance solutions through its affinity groups, travel
insurance, as well as exclusive and tailored offerings through
Intact Prestige.
In the U.S., Intact Insurance Specialty Solutions provides a
range of specialty insurance products and services through
independent agencies, regional and national brokers, and
wholesalers and managing general agencies.
In the U.K., Ireland, and
Europe, Intact provides personal,
commercial and specialty insurance solutions through the RSA, NIG
and FarmWeb brands.
SOURCE Intact Financial Corporation
