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Toronto Atmospheric Fund · 2025-02-18 · 2025.TA9.8

The filed record

Program Allocation Recommendations

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The decision

2025-02-18 · Toronto Atmospheric Fund · adopted

As filed

The Board of Directors of the Toronto Atmospheric Fund: 1. Approved an allocation of $733,162 to support the Toronto Atmospheric Fund programs in 2025 as outlined below, to be funded from the Canada, Ontario, and Toronto endowments except where otherwise indicated: a. Accelerating EV Uptake: $56,250 to expand the availability of affordable public EV charging; b. Accelerating Net-Zero-Ready New Construction: $75,000 to progressively strengthen codes and standards across the Greater Toronto and Hamilton Area and advance supportive policy frameworks to ensure all new construction is net-zero ready by 2030; c.

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Accelerating Clean Electrification: $127,500 to scale adoption of local energy solutions and clean electricity supply in support of the Greater Toronto and Hamilton Area's transition to a net-zero grid; d. Retrofit Accelerator: $190,875 to build the market for deep retrofits by collaborating with building operators and leading industry solutions providers to deliver deeper retrofits faster and more cost effectively; e. Impact Investing: $63,750 to make prudent investments in impact-first projects or companies that are aligned with focus area initiatives and strategic directions, and to maintain management and compliance of TAF's investment portfolio; f. Climate Policy: $37,500 (from Canada and Toronto endowments only) to be an effective and influential advocate for climate policy with all three levels of government; g. Grants: $25,125 to build the internal and community capacity needed to support effective design and delivery of TAF-funded initiatives; h. Research and Innovation: $42,000 to deliver critical insights and evaluation to support advancement of climate priorities, and to provide research leadership and support to TAF teams; i. Communications and Campaigns: $27,000 to increase audience reach while maintaining high engagement levels towards all focus area priorities; j. Program Development: $7,500 to identify new insights and opportunities for TAF programming; and k. Program Support: $80,662 to ensure programs have sufficient operational and administrative resources for delivery.

On the agenda

As the city filed it

This report recommends approval of the balance of the Toronto Atmospheric Fund's endowment-funded program budget for 2025.

Staff recommended

The Senior Grants Manager recommends that the Board of Directors of the Toronto Atmospheric Fund: 1. Approve an allocation of $733,162 to support the Toronto Atmospheric Fund programs in 2025 as outlined below, to be funded from the Canada, Ontario, and Toronto endowments except where otherwise indicated: a. Accelerating EV Uptake: $56,250 to expand the availability of affordable public EV charging; b. Accelerating Net-Zero-Ready New Construction: $75,000 to progressively strengthen codes and standards across the Greater Toronto and Hamilton Area and advance supportive policy frameworks to ensure all new construction is net-zero ready by 2030; c.

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Accelerating Clean Electrification: $127,500 to scale adoption of local energy solutions and clean electricity supply in support of the Greater Toronto and Hamilton Area's transition to a net-zero grid; d. Retrofit Accelerator: $190,875 to build the market for deep retrofits by collaborating with building operators and leading industry solutions providers to deliver deeper retrofits faster and more cost effectively; e. Impact Investing: $63,750 to make prudent investments in impact-first projects or companies that are aligned with focus area initiatives and strategic directions, and to maintain management and compliance of TAF's investment portfolio; f. Climate Policy: $37,500 (from Canada and Toronto endowments only) to be an effective and influential advocate for climate policy with all three levels of government; g. Grants: $25,125 to build the internal and community capacity needed to support effective design and delivery of TAF-funded initiatives; h. Research and Innovation: $42,000 to deliver critical insights and evaluation to support advancement of climate priorities, and to provide research leadership and support to TAF teams; i. Communications and Campaigns: $27,000 to increase audience reach while maintaining high engagement levels towards all focus area priorities; j. Program Development: $7,500 to identify new insights and opportunities for TAF programming; and k. Program Support: $80,662 to ensure programs have sufficient operational and administrative resources for delivery.

    On the record

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