Juno is an Innovative Recycling Technology

The Forest Products Association of Canada (FPAC) is pleased to see today’s federal budget put strong emphasis on climate change initiatives, innovation and research and development. The budget tabled by the Minister of Finance, Bill Morneau, included a $1 billion fund over four years to support clean technology for the forest sector as well as other resource industries. The budget is also heavily investing in climate change and clean technology initiatives including $2 billion over two years for a Low Carbon Economy Fund and $40 million to integrate climate resilient changes to building codes.

“Earlier this week, we saw an historic outcome from COP 21. Global government leaders and communities convened and agreed to reduce greenhouse gas emissions, place a larger focus on climate temperatures, and pledged $100 billion a year to help developing countries meet their goals. We applaud our global leaders and tip our hat to all in attendance. Thank you for the good work you have committed to accomplish. Although the agreements entered in Paris last week are goals, not requirements, it’s up to us and our fellow businesses to venture onward, continuing the good work set in Paris. We also added our names as a signatory in the Business Backs A Low Carbon USA statement.

Plastic credits are poised to generate the momentum necessary to launch a circular plastic economy and give brands the opportunity to act. In order for brands to take action, they will need to follow these four priorities … The world’s plastic crisis is only growing worse: Plastic production continues to expand and single-use plastic has skyrocketed, thanks to COVID — and frankly, waste management cannot keep up. To make matters more challenging, there is no silver bullet to the plastic crisis. Our society requires plastic to function, but its consumption and disposal need to change drastically. As trillions of microplastics circulate our oceans and plastics choke our environment, accelerating system change is essential and imminently required. Aggravating the issue is the complexity of tackling the severe environmental and human costs. Currently, the ethical disposal and management of waste are starkly underfunded. In the next 20 years, we need $600 billion to bridge the evident funding gap in our system and turn this crisis around.