January 16, 2021 – Simon Fraser University has been selected to establish an urban climate centre in Metro Vancouver, through a $21.7-million federal endowment.
“An urban climate centre in Vancouver will support energy efficiency, grow our economy, help save Canadians money, and create jobs,” said Seamus O’Regan Jr., Canada’s Minister of Natural Resources.
The endowment will help to identify, finance and scale up local climate solutions, such as building retrofits and the electrification of transportation, reports the university.
“We are looking forward to engaging with private, public and non-profit sectors to harness the immense intellectual, social and financial capital of the region, through a new institution and a high impact board to bend the carbon curve to zero,” said Alex Boston, SFU Renewable Cities executive director.
SFU’s Renewable Cities program will launch the Low Carbon Cities Canada (LC3) Innovation Centre in Vancouver—one of seven centres across Canada whose aim is to help unlock the full emissions reduction potential of low-carbon innovations while improving public health and creating local jobs.
The Federation of Canadian Municipalities’ Green Municipal Fund is serving as the national office for the LC3 centres.
LC3 is part of Canada’s $1.01-billion plan to make communities more energy efficient. This initiative is using federal investments—in partnership with private investors, public agencies, utilities, non-profit organizations and other levels of government—to build “long-term, low-carbon solutions”.
Canada’s energy efficiency sector accounted for more than 436,000 jobs in 2018, says NRCan, with an annual projected growth of 8%.