U of T News
The University of Toronto will receive $56 million in financing from the Canada Infrastructure Bank (CIB) to accelerate the university’s plans to achieve a climate positive campus.
Through the launch of Project LEAP, U of T will use the CIB financing to complete deep energy retrofit projects – such as converting gas boilers to electric boilers and installing energy storage solutions – to reduce greenhouse gas emissions by more than 50 per cent, or 45,000 tonnes of CO2 equivalents, by the end of the decade.
“Underneath our campus, we have one of Canada’s largest and oldest district energy systems,” said Ron Saporta, U of T’s chief operating officer, property services and sustainability. “It’s over 120 years old and it’s the primary contributor to a lot of our carbon emissions because it heats and powers up buildings.
“This project allows us to modernize that system and to start to migrate away from fossil fuels as the primary heating source. We can upgrade energy-intensive buildings to reduce the amount of carbon they emit.”