VANCOUVER – The government of Canada is putting $22 million towards a Low Carbon Innovation Centre for the Vancouver region, part of a $183 million nationwide initiative called Low Carbon Cities of Canada (LC3).
“Vancouver City Council has joined cities around the world in declaring a Climate Emergency to scale-up climate action and limit warming to 1.5°C. This funding investment and our leadership to develop the Centre will help to develop and share new local solutions and best practices to reduce carbon emissions from buildings, which is a key priority of our climate action response,” Vancouver mayor Kennedy Stewart said.
The centre’s mandate will be to support green job growth while “aggressively reducing” carbon emissions, a City of Vancouver release stated. The centre will operate independently but work closely with local government, and “will be expected use a variety of approaches to achieve its mandate, including the use of impact investing, granting, capacity building, and supporting policy development and research.”
The City of Vancouver will take the lead in establishing the centre in consultation with other local governments, Metro Vancouver, and the provincial government, along with industry stakeholders, local universities and non-profit organizations.
“To keep Vancouver liveable, we will need to decrease our emissions, as well as focus on affordability and grow green jobs in the region. The City has a successful track record of collaborating with external organizations and the private sector to advance our climate goals and we’re looking forward to building on those partnerships with the LC3 project,” City of Vancouver general manager of planning, urban design and sustainability Gil Kelley said.
“Vancouver is emerging as a global leader in greenhouse gas reductions in buildings. The LC3 investment will amplify and accelerate this trend while also creating opportunity for new, impactful innovations and initiatives,” Zero Emissions Building Exchange executive director Christian Cianfrone added.
LC3 is a partnership between Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax with the Federation of Canadian Municipalities to accelerate climate solutions and aid Canada to meet 2030 and 2050 carbon reduction targets.