Intact Financial Corporation announced that it is adding $1-million to the Intact Adaptation Action Grants program, to invest in charities that are developing solutions that help protect people from natural disasters like floods, wildfires, extreme heat, wind and hail.
The grants are available to charities that use natural infrastructure as part of their solutions, and to those that take a community engagement approach, to help Canadians understand the climate risks they face.
Through the program, Intact is funding three types of grants. The first will contribute to new solutions by exploring new ideas through research, peer support and skills development. The second type of grant will be awarded to those interested in testing and validating existing ideas to confirm the impact a concept might have. The third grant type will be awarded to those who are interested in scaling a proven concept.
The company says successful projects to date are presently helping to reduce flooding by protecting and restoring natural infrastructure. They are also helping to reduce urban heat islands and using artificial intelligence to help predict wildfires.
“Our purpose is to help people, businesses and society prosper in good times and be resilient in bad times,” says Intact CEO, Charles Brindamour. “These events are impacting our communities. That’s why we are taking a proactive approach to protect people from natural disasters by building a more climate-resilient country.”
