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Province investing $1M in Green Economy North

Ontario’s Ministry of Environment and Climate Change has announced it will be investing $1 million from the Green Investment Fund to help businesses reduce emissions, manage energy costs and remain competitive as the province transitions to a low-car
Rethink_Green
Ontario’s Ministry of Environment and Climate Change has announced it will be investing $1 million from the Green Investment Fund. File photo.
Ontario’s Ministry of Environment and Climate Change has announced it will be investing $1 million from the Green Investment Fund to help businesses reduce emissions, manage energy costs and remain competitive as the province transitions to a low-carbon economy.

The province is partnering with Sustainability CoLab to fund environmental organizations in the CoLab Network such as reThink Green, to support businesses in communities across Ontario in reducing their greenhouse gas emissions.

To date, CoLab Network program members have collectively reduced 29,000 tonnes of greenhouse gases – the equivalent of taking more than 6,100 cars off the road.

“This investment enables local environmental organizations to work with small and medium-sized businesses in the community on innovative, sustainable and practical ways to reduce greenhouse gas pollution,” said Glen Murray, Minister of the Environment and Climate Change.

Ontario's $325 million Green Investment Fund commits money for projects that fight climate change.

"As we are launching Green Economy North on Earth Day April 22nd 2016, Sudbury will be among the first communities to benefit from the Green Investment Fund," said Rebecca Danard, the executive director of reThink Green. "As the hub of Sudbury’s low-carbon economy, Green Economy North will grow more quickly, be more effective, and provide better service to member businesses because of this investment."

These investments are part of the government's plan for securing a healthy, clean and prosperous low-carbon future by transforming the way we live, move, work and adapt to our environment while ensuring strong, sustainable communities.

reThink Green’s program, Green Economy North is one of eight programs across Ontario that help businesses set and achieve targets to reduce their environmental impacts while enhancing their competitive advantage and stimulating the low-carbon economy.

CoLab Network includes non-profit organizations launching or growing programs to engage businesses in growing the low-carbon economy in Durham Region, Hamilton-Burlington, Kingston, Niagara Region, Ottawa, Sudbury, Waterloo Region and York Region.

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