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Recent Articles

T.O.’s Exhibition Place signs on to new emissions deal

2 years ago

BIZ   •   • 

Toronto’s Exhibition Place has signed on to the Net-Zero Carbon Events Pledge, the latest step in its commitment to meet targets laid out in the Paris Climate Accord.

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Vancouver’s waterfront has taken a beating in recent months. Storms have caused damage to the seawall, and there’s a barge stuck on a beach in English Bay, but a new initiative from the City of Vancouver could solve the problem.

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As Bitcoin network consumption sits at just under half that of the gold market and the banking sector, many wonder if blockchain technology can overcome sustainability challenges. Check out some trends to watch on blockchain sustainability.

BIZ   •   • 

The Quebec City-based Geosapiens has received almost $300,000 from the Canadian Space Agency to fund its E-NUNDATION project that integrates optical and radar satellite imagery data to identify flood zones and map floods in nearly real time.

Social Purpose Real Estate Financing

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Real estate investors could be in danger of being caught out by physical climate risk, as experts predict that a one-meter rise in sea level might lead to catastrophic flooding events in coastline cities.

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Members of the microgrid industry are optimistic that more data centers will opt for microgrids over diesel backup systems, as data centers account for approximately two percent of all U.S. electricity use. Experts believe solar panels can do the job.

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Quebec Premier François Legault has tabled a bill to end oil and gas exploration in the province. The Premier’s announcement represents a shift as they look to electrify their economy long-term, but significant roadblocks are expected to challenge its merit.

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Enbridge and a First Nations investment group in Alberta have signed a letter of intent for a new carbon transportation and storage project. Located just west of Edmonton, the new hub, if approved, would be completed by 2026.

Sustainable Biz Canada

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One California-based executive believes that microgrids work well for remote businesses where grid access is limited. Robert Cruess, president of California-based ZeroNox, says the proof lies in places like Ghana, Africa, where access to wind, solar and hydro is available.

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As Canadians continue to be holed up at home, more and more families are looking towards off-the-grid living to overcome pandemic precautions. Hunting, gathering, foraging — they’re all skills that adventurists are learning to survive the great outdoors.

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Toronto-based Ninepoint Partners LP will launch Canada’s first carbon credit exchange-traded fund later this month. Offering a way for investors to transition away from fossil fuels, the mutual fund is tentatively set to launch on Feb. 16 on the Neo Exchange.

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In recent years, forms of sustainable finance have grown with a growing number of investors incorporating various Environmental, Social and Governance (ESG) investing approaches. However, experts believe that regulatory reform and challenges remain.

Anchor Corp

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Today, stakeholders pool their purchasing power to secure favourable pricing and terms with manufacturers and service providers. As a result, the efforts for more community wealth building through clean energy cooperatives are growing. Find out how.

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The aviation industry has made some bold promises on emissions, but none have been as brave as this — a new report by the ICCT cites that hydrogen-powered turboprop planes could meet as much as one-third of demand by 2050.

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Boeing has announced a supply agreement for two million gallons of fuel with EPIC Fuels to power its commercial airplane fleet in Washington state and South Carolina. The deal will help Boeing reach its net-zero carbon emissions by 2050.

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Public Sector Pension Investment Board (PSP Investments) has partnered with global investment group Eurazeo to invest $300 million in its European hotel assets. The joint venture will focus on sustainable growth and reducing energy consumption at its properties abroad.

Yardi Pulse

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A new report from Finance for Biodiversity (F4B) shows that some environmental crimes, like illegal logging, can generate up to US$280 billion for investors each year, decreasing tax revenues by some US$30 billion per year — unwittingly laundering the proceeds.

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Inland Empire developer and philanthropist Randall Lewis has donated $10 million to the Urban Land Institute’s (ULI) Center for Sustainability, tackling water conservation and climate change. This was the largest sum donated since the ULI was founded in 1936.

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U.S. President Joe Biden has extended Trump-era tariffs on imported solar-energy technology to 2026; The taxes had been set to expire on Sunday, February 6. Still, the new deal allows the U.S. to protect domestic jobs and access cheap overseas supplies.

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Environmental campaigners have criticized the European Commission for allowing certain fossil gas investments to be labelled ‘green.’ Although leaked proposals called for stronger measures, investments in gas plants will be considered.

Industry Events

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