Invest in Climate change

Why this matters

Climate science indicates that action is required to mitigate and adapt to climate change now.

These actions require significant investments, and many will generate returns as assessed with a strict financial analysis. Irrespective of their financial merit, these investments are critical to the future well- being of Peel Region and its communities.

Outcome: Innovative and sustainable approaches are used to finance action on climate change

Action 16: Complete a Climate Change Financing Strategy

Output: The Climate Change Financing Strategy will develop the framework for how actions of the CCMP are budgeted into long term capital planning, with consideration given to innovative financing tools, including external funding.

Activities:

16.1) Convene internal stakeholders and industry experts to explore the range and potential for innovative climate change funding/financing tools

16.2) Incorporate the results of the risk and vulnerability analysis (Activity 13.1) for asset management to fully inform long term capital planning

16.3) Identify and assess public and private sources of capital to fund CCMP actions