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Institute of Sustainable Finance Releases Blueprint for Canada's Low Carbon Transition

By District Energy posted 10-01-2020 10:50


Institute of Sustainable Finance


On September 29, 2020, the Institute for Sustainable Finance launched landmark research to provide a concrete, data-driven capital blueprint for Canada’s low carbon transition. The Capital Mobilization Plan for a Canadian Low Carbon Economy highlights that cooperation between the public sector, private sector, and financial system is critical to securing investments needed to meet Canada’s 2030 climate targets.

“What gets financed, gets built,” said Ryan Riordan, co-author of the report and Associate Professor at the Smith School of Business. “This is the heart of the financial sector’s role in helping Canada achieve a more competitive, climate-smart economy.”

As stated on page 6 of the report, "In the Electricity sector, economies of scale related to increased electrification as well as the development and deployment of technologies related to energy storage and district energy solutions are also likely to decrease costs."

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Please view the corresponding webinar announcing the launch and district energy's role in decarbonization. 

View Financing Canada’s Climate-Smart Economy