Expanded opportunities for investment in local sustainability
The Federation of Canadian Municipalities’ Green Municipal Fund (FCM’s GMF) is one of Canada’s leading funders and investors in local sustainability and climate action. GMF facilitates investors’ access to risk-adjusted investment opportunities and connects them with fast-growing borrower markets across Canada.
GMF unlocks strong return potential from scalable investments in high-quality assets, helping communities and capital markets build for a climate-resilient future.
A robust pipeline of high-impact, bankable projects
With over $1.9 billion invested in more than 2,700 sustainability projects across Canada since 2000, GMF connects private investors with municipalities and their partners to scale climate and sustainability solutions.
GMF provides bankable, risk-adjusted investment opportunities that generate strong returns, drive local economic growth, and build more resilient communities — delivering long-term financial, social, and environmental benefits.
Partner with GMF to access a national pipeline of scalable, investment-ready projects with strong return potential and measurable impact.
Essential, high-impact opportunities with strong value potential
Investing in resilience projects that protect assets is a smart, future-ready investment in opportunities that mitigate risk and provide stable financial returns while supporting thriving, sustainable communities.
Partner with GMF to access a national pipeline of structured, high-impact resilience projects.
Innovative investment partnerships : Access proven solutions led by sustainability funders and invest in local projects creating business opportunities and community impact.
Blended finance model : GMF uses catalytic capital to mobilize private investment for high-impact municipal projects, providing innovative financing tools and patient capital with efficient transaction costs.
Scalable projects : GMF connects investors to sustainability and resilience projects that generate strong returns, with every dollar invested delivering $13–15 in total benefits.
Structured, risk-adjusted opportunities : Programs like Property Assessed Clean Energy (PACE) offer reliable performance and measurable financial, social, and environmental returns.
Portfolio diversification : Integrating resilience investments strengthens long-term performance and aligns with sustainability goals.
$263M approved to date: CEF is Canada’s only national program supporting municipalities and their partners to invest in home energy-efficiency retrofits for residents.
Risk-adjusted investment opportunities through high-quality models like Property Assessed Clean Energy (PACE), establishing scalable and enduring financing solutions across the country.
Measurable impact with strong investment potential: PACE adoption has attracted $70M+ in private follow-on investment and continues to expand across Canada.
Unlocking broader private capital through regional partnerships, providing secure, scalable opportunities for investors.