Annual reports

03 / 31 / 2024

Annual report 2023-2024

Discover all the information and key figures relating to our activities 2023-2024: grants, investments, MultiRés program, etc.

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Vue panoramique de la ville de Montréal

Our impact

In 2023-2024, the Climate Fund continued to act as a catalyst for climate finance innovation

Thanks to its ability to mobilize financial players, the Climate Fund strengthened its leverage effect by propelling structuring initiatives and carrying out, for the first time, a call for projects, a direct investment and the establishment of a building decarbonization program.

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01

1st call for projects launched

We have launched our first call for projects aimed at reducing greenhouse gas emissions within the Communauté métropolitaine de Montréal (CMM).

02

1st building decarbonization program launched

With our financial partner Efficiency Capital, we have created MultiRés – a fully financed, turnkey energy renovation program for owners of multi-unit residential buildings (MURBs) in the 82 municipalities of Greater Montreal.

03

1st direct equity investment

We made our first direct equity investment in Kite Mobility, an electric mobility sharing solution (vehicles, bikes and scooters) accessible from a centralized platform in condos, resorts or community properties.

"Un escalier de pierre en spirale vu du dessus
$

37,5M

In assets.

"Un champ d'herbe verte luxuriante au premier plan avec plusieurs éoliennes au milieu
$

2,09M

Granted in hedge funds and direct investment.

"Escalier moderne et élégant menant vers le bas dans un espace architectural minimaliste. Les marches sont flanquées de rampes métalliques et éclairées par un éclairage d'ambiance doux depuis le haut et le bas
$

5M

Committed to investments.

"Une personne aux cheveux tressés roule à vélo sur un chemin avec un enfant dans un siège fixé à l'arrière. Deux personnes marchent à proximité. Le vélo porte un panneau de promotion du tourisme local. Journée ensoleillée avec des arbres et de l'herbe verte."
$

748k

Awarded in grants and programs.

"Vue d'un coucher de soleil à travers des herbes hautes
$

7,9M

Total amount of financial initiated in our grants.

"Deux personnes portant des casques roulent à vélo sur un chemin bordé d'arbres. La lumière du soleil filtre à travers les arbres

18

Subsidized decarbonization projects.

Quote

A word from General Management

The past year has been rich in projects, collaborations and, above all, impact. Together, we took up many challenges to accelerate the transition to a more sustainable and climate-resilient Greater Montreal.

We have invested in promising initiatives, promoting innovation, reducing GHG emissions and creating significant leverage to mobilize other players around ambitious solutions. These successes would not have been possible without the unfailing commitment of our partners, and we would like to thank you warmly for your trust and support.

"Photo de Vincent Moreau

Vincent Moreau

Executive Director, Greater Montreal Climate Fund

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Want to find out more about our impact?

Discover all the information and key figures relating to our activities in our 2023-2024 annual report.

Download the French report

We work with a wide range of local players