Today, Toronto City Council adopted two significant climate reports, the 2022 Annual Report of the TransformTO Net Zero Climate Action Strategy and the Carbon Accountability Report, both identified as key items by Deputy Mayor Jennifer McKelvie (Scarborough-Rouge Park). The reports confirm that 100 per cent of short-term actions supporting achievement of the City of Toronto’s ambitious net zero emission targets are underway or complete and that adoption of a new carbon accountability standard and process will proactively address Toronto’s future emissions.
The 2022 Annual Report outlines the City’s progress in implementing the TransformTO Strategy’s Short-term Implementation Plan (2022 to 2025). The report confirms all actions are underway with some already complete and provides an update on the five critical steps the City is taking to steer community-wide emissions towards net zero:
Through the 30 actions in the City’s Short-term Implementation Plan and ongoing delivery of programs, policies and investments, the City continues to lay the foundation for wide-spread community action to further reduce GHG emissions now and in the future.
Adopted by Council in December 2021, the City’s TransformTO Net Zero Strategy established accelerated implementation actions to reduce greenhouse gas (GHG) emissions, particularly in the short term, and set one of the most ambitious targets in North America – to reduce community-wide emissions to net zero by 2040. Leading by example, the City plans to cut GHG emissions from its own operations even faster.
Key achievements in 2022:
The Carbon Accountability Report addresses the first of the five critical steps the City is taking to steer community-wide emissions and emissions from the City’s own operations towards net zero. The report outlines a process to establish multi-year emission budgets for the City’s own corporate emissions and community-wide emissions.
An annual Carbon Budget process will link City decision-making on policies, programs and projects in the annual financial budget to their expected GHG reduction impact from now until net zero is achieved by 2040. The Carbon Accountability Report also establishes a science-based corporate policy on offset credits aligned with net zero governance best practice, which will continue Toronto’s leadership in this rapidly developing space.
Community-wide GHG emissions in Toronto have been reduced by 43 per cent against 1990 levels. Significant, accelerated community-wide action is needed to reach future goals and targets, including a 65 per cent reduction by 2030 and net zero by 2040. To reach the City’s 2030 target, emissions must be cut in half in the next seven years.
The City’s operations are directly responsible for only about five per cent of the GHG emissions in Toronto. Residents, businesses, building owners and other orders of government must all play a part in significantly reducing emissions to reach future targets. Emissions stem primarily from the burning of fossil fuels (natural gas) in homes and buildings for heating and hot water, and gasoline in vehicles.
During this week’s Council meeting, Council will also consider a number of reports recommending actions that support the City’s ambitious TransformTO Net Zero by 2040 strategy:
The TransformTO Net Zero Climate Action Strategy: 2022 Annual Report is available on the City’s website.
The Carbon Accountability Report is also available on the City website.
Quote:
“When it comes to the climate crisis, cities must be brave, bold and aggressive. I’m proud of the City’s leadership and the progress we continue to make towards our ambitious targets. Reducing emissions is something we must all do – residents, businesses, building owners – and all orders of government must play a part. Together we can do this.”
– Deputy Mayor Jennifer McKelvie (Scarborough-Rouge Park), Chair of the Infrastructure and Environment Committee
Toronto is home to more than three million people whose diversity and experiences make this great city Canada’s leading economic engine and one of the world’s most diverse and livable cities. As the fourth largest city in North America, Toronto is a global leader in technology, finance, film, music, culture and innovation, and consistently places at the top of international rankings due to investments championed by its government, residents and businesses. For more information visit the City’s website or follow us on Twitter, Instagram or Facebook.
Media contact: Media Relations, media@toronto.ca