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ARTICLE · 29 AUGUST 2017

Ontario Announces Plans For Spending Cap And Trade Proceeds

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Recently, the Ontario Minister of Environment and Climate Change announced the creation of a $100 million Municipal GHG Challenge Fund.

CanadaEnvironment
David Stevens
David Stevens
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Recently, the Ontario Minister of Environment and Climate Change announced the creation of a $100 million Municipal GHG Challenge Fund. The new fund is intended to fund greenhouse gas (GHG) emissions reduction projects in Ontario communities. Examples of the type of projects that might receive funding are renewable energy and energy efficiency retrofits to municipal facilities like arenas, and energy-efficiency upgrades to drinking water or wastewater treatment plants. The goal is to achieve long-term and cost-effective pollution reductions.

In order to be eligible for the Municipal GHG Challenge Fund, a municipality must have "a community-wide greenhouse gas inventory, emissions reduction targets and a strategy/plan to reduce emissions." Those municipalities who have a "comprehensive GHG reduction plan" that meets or exceeds Ontario's 2020, 2030 and 2050 emissions targets will be more likely to receive funding. Further details are set out in the Municipal GHG

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