Next phase of TowerWise program set to show path to deep building energy efficiency12/2017 - TAF is launching the next phase of its TowerWise retrofit program. It will include four demonstration sites with different building types, demographics, and ownership structures in Toronto and Hamilton, representing the broader multi-residential sector – including social housing.
The Atmospheric Fund VP Tim Stoate appointed to new Green Ontario Fund Board8/2017 - TAF welcomes the appointment of its VP for Impact Investing Tim Stoate to the board of the newly-formed Green Ontario Fund. The fund will help reduce energy costs for homeowners and businesses while reducing Ontario's carbon emissions.
Canada’s existing buildings hold key to climate targets8/2017 - Governments at all levels in Canada are moving toward requiring new buildings to be low-carbon and energy-efficient. But Canada still lacks a comprehensive strategy to achieve significant reductions in carbon emissions from existing buildings. Read the joint media release by Pembina Institute and The Atmospheric Fund.
Toronto renews climate leadership with unanimous TransformTO vote; collaboration key for plan’s success7/2017 - The Atmospheric Fund (TAF), project co-lead for TransformTO, welcomes City Council's unanimous approval of the ambitious climate plan. We now call on the provincial and federal governments to help us refine, fund, and implement it.
Financing for energy efficiency retrofits a key Infrastructure Bank opportunity3/2017 - The nascent Canadian Infrastructure Bank is a golden opportunity to invest in energy efficiency on a large scale. By scaling up retrofits and reducing energy waste across Canada, the CIB would yield a financial and environmental Return on Investment.
Microtransit key to reducing climate pollution from cars12/2016 - A fast-growing trend called “microtransit”, which includes ride-sharing services, could cut carbon emissions from personal transportation in the GTHA by six per cent, a new TAF-commissioned study found.
Toronto climate action goes regional with provincial boost10/2016 - The Ontario government is adding $17 million in endowment funding that will expand Toronto’s climate agency. The Atmospheric Fund (TAF) will now serve the Greater Toronto and Hamilton Area (GTHA).
Ontario Climate Change Action Plan to benefit Toronto’s social housing6/2016 - Ontario’s new Climate Change Action Plan will include $900 million for energy efficiency retrofits in social housing and private apartments. TAF and TCHC welcome the investment as it will improve living conditions for residents, reduce emissions, and lower utility costs for social housing providers.
Province makes historic $17 Million Atmospheric Fund contribution2/2016 - TAF reacts to the Ontario government's announcement to invest $17 million to expand the Toronto Atmospheric Fund (TAF) endowment as part of the 2016 provincial budget.
TAF financing facilitates better-than-code Windmill Developments Condo11/2015 - The recently completed Cathedral Hill condo and townhouse project by Windmill Development Group is 43 per cent more energy efficient than the Ontario Building Code. This was made possible by innovative financing provided by The Atmospheric Fund (TAF).
TAF, Toronto Community Housing launch $4.2 million TowerWise retrofit project9/2015 - Seven Toronto Community Housing buildings will see renewal through TAF's TowerWise energy efficiency retrofit program. Through equipment upgrades, energy and water use will be reduced, saving operating costs while increasing comfort and indoor air quality for residents.
New financing company set to invest $100M in energy efficiency4/2015 - TAF has just launched its first for-profit social enterprise, Efficiency Capital Corporation. The new entity is dedicated to financing debt-free energy efficiency retrofits of large buildings for homeowners. The business model is based on TAF's innovative ESPA financing tool.