Net-Zero Transformation

*Net-zero is defined as eliminating operational and embodied GHG emissions wherever possible and re-absorbing the equivalent of any remaining emissions.

What we fund

Examples of what we fund include, but are not limited to:

• Retrofit techniques that significantly reduce costs and shorten payback periods.
• Funding mechanisms or incentives to accelerate zero-carbon new builds and retrofits.
• Regenerative buildings that contribute net-positive environmental benefits.
• Microgrids and battery storage that help meet peak electricity demand and add resilience to local grids.
• Integrated modal shift and transportation demand management (TDM) strategies that address potential rebound effects.
• Resilient, net-zero, inclusive and complete neighbourhoods.
• Net-zero and net-positive water and wastewater systems.
• Local circular economy initiatives for apparel textiles or construction / demolition materials that currently go to landfill.
• Bio-covers or bio-filters for landfill gas mitigation for small or inactive landfills.
• Brownfield initiatives that apply in-situ remediation approaches, employ renewable energy, reuse soil and demolition materials, and restore the site’s ecological features.

Net-Zero Transformation initiatives do not have pre-set environmental targets/thresholds because the projects are unique and evaluated on a case-by-case basis. Project scopes can be:

• geographical (e.g., a neighbourhood, city or region)
• sectoral (e.g., transportation sector)
• organizational (e.g., the municipal government)
• at an asset level (e.g., related to the life-cycle emissions of a building)
• at a component level (e.g., related to a specific material or technology)