Since 2000, the Federation of Canadian Municipalities’ Green Municipal Fund (FCM’s GMF) has been one of Canada’s premier investors in transformative climate solutions. As FCM’s flagship program, we help Canadian communities and capital markets build for a climate resilient future.
GMF facilitates access to risk-adjusted investment opportunities by connecting investors with cities and homeowners in fast-growing borrower markets. We unlock strong return potential while supporting scalable investments in high-quality assets across Canada. Let us be your bridge to meaningful, nationwide impact.

2,336
sustainability projects approved

$1.6 billion
worth of approved sustainability projects

2.9 million
tonnes of greenhouse gases avoided

13,129
person-years of national employment

$1.24 billion
contributed to the national GDP
Let’s explore investment opportunities together
FCM’s Green Municipal Find is uniquely positioned to scale climate solutions by acting as a trusted conduit between municipalities, their partners and private investors.
Let's explore together how we can connect you with high-potential partnership opportunities and help you access scalable projects with strong return prospects.
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Explore impactful partnership opportunities
Community Efficiency Financing
GMF’s Community Efficiency Financing (CEF) is Canada’s only national program transforming the residential retrofit market. It empowers communities with flexible, long-term financing for energy-efficiency and resilience upgrades in low-rise residential buildings.
CEF supports risk-adjusted investment opportunities through high-quality models like Property Assessed Clean Energy (PACE), helping establish scalable, enduring financing solutions across the country. This program has accelerated PACE adoption nationwide, building momentum, attracting follow-on investment from investors and banks, and unlocking broader pools of private capital through regional partnerships.
Discover how CEF’s innovative financing models are scaling impactful climate solutions.
Contact us to explore how you can take advantage of climate resilience financing opportunities by partnering with GMF.
Learn about CEF’s innovative financing models and the success being replicated across the country.
Community Efficiency Financing
Helping municipalities bring energy-efficient home upgrades to life.
Read moreDirect financing program for homeowners delivers solar-powered water heating systems in Halifax
FCM Sustainable Communities Award winner – Energy Program
Read moreDistrict energy
Municipalities can influence nearly half of Canada’s greenhouse gas emissions through infrastructure upgrades and other sustainability projects, yet many communities still face challenges accessing private and public capital to finance sustainable projects. That’s where private investors can make a difference in addressing this gap and building more resilient communities.
GMF's funding support catalyzes the growth of large energy projects, and demonstrates the projects’ viability, attracting significant follow-on private capital.
By partnering with GMF, investors gain access to scalable projects with substantial return potential, all while keeping transaction costs efficient.
Contact us to discuss our renewable energy opportunities.
Learn more about how we can unlock and expand investment opportunities together to accelerate the adoption of large energy and infrastructure projects
Community Energy Systems
Meet community energy needs, increase energy efficiency, and build grid resilience
Read moreA first-of-its-kind geothermal community in Markham: The Berczy Glen Geoexchange Community Energy System
A neighbourhood in Markham, Ontario, will be the first net-zero community in Canada to connect all of its houses to a geothermal energy system.
Read more
Leading in sustainable investment
With 25 years of experience, we identify catalytic sustainability projects and empower municipal governments through funding and capacity building, helping communities and capital markets build for a climate-resilient future.
As a highly ranked signatory to the United Nations Principles for Responsible Investment, our commitment to sustainability begins with our own operations.
Looking to invest in scalable projects with strong ROI potential for and measurable sustainability outcomes? Partner with us for proven results and lasting impact.
Read about our achievements in FY 23-24 and learn about our approach to impact investing.

Delivered by the Federation of Canadian Municipalities, GMF manages approximately $2.4B in programs funded by the Government of Canada.