Our Mission

The Atmospheric Fund (TAF) invests in urban solutions in the Greater Toronto and Hamilton Area (GTHA) to reduce carbon emissions and air pollution. We achieve TAF's mission by:
  • Listening to local communities and offering support through our community grants program;
  • Collaborating with a broad range of stakeholders to realize common goals, understanding that clean air and emissions reductions benefit our health, our economy and the sustainability of our urban region; and
  • Financing entrepreneurs whose products or services can significantly cut emissions in the GTHA, and developers and property owners who are making their buildings more energy efficient.
We acknowledge that the land on which TAF operates is the part of the Treaty Lands and Territory of the Mississaugas of the Credit. The area also encompasses traditional territories of the Huron-Wendat, Anishinabek Nation, and the Haudenosaunee Confederacy.

We are always ready to listen to your ideas about how to shrink the carbon footprint of the GTHA. Contact us by email at info@taf.ca or, if you are looking for funding, please browse the Grants and Financing sections.

Our Vision

Our ultimate goal – reducing carbon emissions by 80 per cent by 2050 in the Greater Toronto and Hamilton Area (GTHA) – informs all our actions. This target isn’t simply another milestone. It’s our vision for a climate-smart urban region that functions within its environmental means and is a leader among climate-friendly urban centres around the world. Reaching the ambitious, yet achievable 2050 target of lowering carbon emissions by 80 per cent will benefit everyone. We can realize a livable, prosperous region with a low-carbon economy – a region where people spend less time commuting, spend less money on energy costs and the fallout of extreme weather events, and breathe cleaner air.

Ground Floor Stories

Realizing community power

In 2006, TREC Renewable Energy Co-operative applied for a TAF grant to assess the feasibility of community-owned electricity generation through solar power. Early financial analysis showed that the community power business case was unfavourable under the then-current market conditions. However, three years later, the Ontario introduced the renewable energy feed-in-tariff program through its Green Energy Act, allowing for long-term contracts for renewable energy at rates exceeding that […]

man installing insulation

Rewards for retrofits

Green$aver executive director Kathy Allan came to TAF in 2001 to propose a cash incentive program to motivate homeowners to reduce their energy consumption. A small pilot project in Peterborough already showed promising results. TAF gave Green$aver a $324,000 grant to promote a three-year cash incentive program for Toronto residents. The Green Community Association, Enbridge Gas Distribution and the federal government’s Climate Change Action Fund were key […]

The launch of car sharing

In 1998, Kevin McLaughlin came to us with a novel idea: What did we think of an entrepreneurial group setting up a car-sharing business in Toronto? People in the city could access cars whenever they needed them without carrying the burden of car ownership, reducing their personal costs and greenhouse gas emissions. The strong pitch secured a $20,000 start-up loan from TAF, which played an important role […]

An end to coal-fired power in Ontario

Starting in 1997, TAF provided a series of grants to a diverse alliance of groups concerned about the climate and health impacts of burning dirty coal to generate electricity. Members of the alliance, led by Jack Gibbons, held what was considered at the time to be a radical vision: an end, once and for all, of coal-fired power generation in Ontario. This vision was reinforced when Dr. […]

Meet the Team

The dedicated and experienced staff at The Atmospheric Fund is a hard working group with a clear focus on reducing city emissions. We attract the best and the brightest and, collectively, have decades of experience to offer. Interested in joining us? To find out about current opportunities, subscribe to the 80x50 e-news.

TAF’s Timeline

TAF & Toronto City Hall

The City of Toronto established Toronto Atmospheric Fund (TAF) in 1991 with a $23 million endowment from the sale of a City-owned property. Council created this unique agency to finance local initiatives to combat global warming and improve air quality in Toronto. Operating as a non-profit corporation. TAF manages the endowment, using investment revenue to advance the organization’s mandate. The City appoints the Board of Directors, which is made up of City councillors and civilians. TAF does not draw any funds from the City budget. TAF works closely with City of Toronto departments and divisions, especially Toronto Public Health and the Environment and Energy Division, to test and advance innovative programs to reduce greenhouse gas emissions and air pollution. TAF’s vision of lowering GHG and smog emissions supports the Council-approved climate and air quality plan. Our unique role is to work with communities (in addition to City departments) to enhance and support the City’s objectives to meet Kyoto-based emissions reduction targets by testing new products, services and approaches that will bring us closer to sustainability.

Learn About Impact Investing

Impact investing is a form of socially-responsible investing that can guide investment strategies. TAF’s impact investments generate a measurable, beneficial environmental impact – reduced greenhouse gas emissions – in addition to a risk-adjusted rate of return. We target a market rate of return.

Learn More

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