Grants and Contributions:

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Title:

PEI Phase 2 - Forest Creation and Recovery

Agreement Number:

2024 PRT_003

Agreement Value:

$7,608,484.00

Agreement Date:

Feb 10, 2025 - Mar 31, 2031

Description:

The project advances the Government of Canada commitment to plant an incremental two billion trees by March 31, 2031, to tackle the twin crises of climate change and biodiversity loss.

Organization:

Natural Resources Canada

Expected Results:

The project is contributing to the Government of Canada’s commitment to planting an incremental two billion trees by 2031.

Location:

CHARLOTTETOWN, Prince Edward Island, CA C1A 7N8

Reference Number:

115-2024-2025-Q4-16279

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Type:

Government

Additional Information:

Two or more departments or agencies are involved in the funding of and/or the awarding of a particular grant or contribution award. Grant or contribution awarded and spanning more than one fiscal year.

Recipient's Legal Name:

GOVERNMENT OF PRINCE EDWARD ISLAND

Program:

Contributions for 2 Billion Trees

Program Purpose:

The 2 Billion Trees program operationalizes the federal commitment to plant two billion incremental trees by supporting activities along the tree planting supply chain and involving a range of stakeholders through cost-shared partnerships, in order to contribute to Canada's GHG emission reduction target in 2030 and net zero emissions target in 2050. Anticipated co-benefits include restoring habitat for species at risk and other species of interest, increasing forest resilience to climate change, and job creation.