Greening the building sector is one of the most cost-effective and economically beneficial ways to reduce energy demand and emissions while also supporting climate adaptation and resilience. These solutions exist and can be put into action right now. It's also a solid way to get a moribund economy moving.
Five clear and simple things the next parliament could do. Each is free to the government, or any cost is paid back. All of them will produce strong gains in reducing Canada's greenhouse gas emissions, and taken together, will restore our international position of leadership. The only obstacle is making the decision to act. And that will be up to who is elected on Oct. 19.
Green bonds are a new type of financing that make it easier for organizations to fund projects that deliver positive environmental and climate benefits. Green bond proceeds exclusively fund green initiatives and, unlike traditional bonds where investors do not have visibility into how the funds will be used, require transparency so investors can see that the funds are being used to benefit or protect our planet.
Governments and developers love issuing press releases announcing the opening of shiny new schools, rec centres and office buildings. Chances are good these days that building will be LEED silver, gold or even platinum.