Common use of Finance and Administration Clause in Contracts

Finance and Administration. 11.1 To support implementation of this Agreement, Canada will contribute up to [$X million] until 2026 from the Enhanced Nature Legacy, Old Growth Nature Fund, Nature Smart Climate Solutions Fund, and 2 Billion Trees Program, and up to an additional [$X million] beyond 2026 to 2030 from the Nature Smart Climate Solutions Fund and 2 Billion Trees Program, where initiatives align with program requirements. The funds will be matched as per the terms and conditions of the funds. Additional funds may be contemplated by both governments through renewal of these initiatives or new initiatives should additional commitments be identified that fall within the scope of this Agreement. 11.2 This Agreement does not create an instrument to transfer funds. The Parties agree that contribution agreements are required to transfer funds. More specific commitments and additional conditions for the transfer of funds may be anticipated and nothing in this Agreement limits what may be appropriate to be included therein.

Finance and Administration. 11.1 To support implementation of this Agreement, Canada will contribute up to [$X million] until 2026 500 million over the duration of the Agreement from the Enhanced Nature Legacy, Old Growth Nature Fund, Nature Smart Climate Solutions Fund, and 2 Billion Trees Program, and up to an additional [$X million] beyond 2026 to 2030 from the Nature Smart Climate Solutions Fund and 2 Billion Trees Program, where initiatives align with program requirements. The funds will be matched as per the terms and conditions of the funds. Additional funds may be contemplated by both governments through renewal of these initiatives or new initiatives should additional commitments be identified that fall within the scope of this Agreement. 11.2 This Agreement does not create an instrument to transfer funds. The Parties agree that contribution agreements are required to transfer funds. More specific commitments and additional conditions for the transfer of funds may be anticipated and nothing in this Agreement limits what may be appropriate to be included therein.