We make impact investments
We carry out three types of impact investment: hedge funds, direct investments and investments in projects and programs.
Our investments
We support the development of a green, low-carbon economy.
The Greater Montreal Climate Fund makes direct investments, investments in hedge funds and investments in projects and programs to support, among other things – but without limitation – a net-zero economy, the emergence of small and medium-sized businesses committed to the circular economy, responsible real estate development and the optimization of agricultural and industrial water.
Hedge funds
We invest in hedge funds
We direct our capital towards hedge funds specialized in sustainable investments to maximize our impact. Working with expert managers, we gain access to innovative projects requiring complex or long-term financing. These investments enable us to diversify our investments, generate significant leverage and support pioneering solutions to climate challenges.
To date, we have invested in several complementary funds, each targeting key drivers of the ecological transition: the Brookfield Global Transition Fund (Brookfield) for sustainable infrastructure, the Fonds d’Économie Circulaire (FEC) for innovation in the circular economy, the One Planet Living Fund (OPLF) for sustainable real estate, and Cycle H2O for water resource management and preservation.
Direct investments
We make direct investments
We support the emergence of small and medium-sized enterprises with a strong climate, environmental, social and economic impact. Our local impact investments all have a high potential for scale-up. Through our direct investments, we support these companies as they grow, while mobilizing our network of financial and strategic players to amplify the impact of climate finance.
To date, we have invested in 7GEN, which is accelerating the electrification of school buses in Quebec, and Kite Mobility, which develops shared electric mobility solutions for residential buildings.
Investments
Our latest investments
1st investment
September 2024
Amount
$500 000
Follow Cycle H2O
Cycle H2O
The Cycle H2O Fund is Quebec’s first investment fund dedicated to water, with a target size of $30 million. It aims to accelerate the growth of water technology start-ups in Quebec and Eastern Canada in the agricultural and industrial sectors.
Amount
$500 000
Follow 7GEN
7GEN
The electrification of school buses in Quebec is made possible by an investment in 7GEN, initiated and catalyzed by the Fonds Climat du Grand Montréal in partnership with 2 Quebec institutional co-investors. Nearly 11,000 school buses are targeted by this investment, with strong potential for replication in Canada and the United States.
1st investment
August 2023
Amount
$250 000
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Kite Mobility
Kite Mobility has developed an electric mobility sharing solution (vehicles, bikes and scooters) accessible from a centralized platform in condos, resorts or community properties. This is the first direct equity investment by the Greater Montreal Climate Fund, with co-investments by The Atmospheric Fund (TAF), Alberta EcoTrust and Good & Well!
Amount
$3,25M
Follow Brookfield Global Transition Fund (BGTF)
Brookfield Global Transition Fund (BGTF)
BGTF is Brookfield’s first impact fund focused on investments that accelerate the global transition to a net-zero economy, while offering investors solid risk-adjusted returns.
Amount
$500 000
Follow Circular Economy Fund
Circular Economy Fund
The Circular Economy Fund (CEF) is a new $30M venture capital investment vehicle that aims to support the emergence of small and medium-sized enterprises that adopt business practices rooted in the circular economy with the agri-food, recycling and eco-construction sectors.
Amount
$500 000
Follow One Planet Living Fund (OPLF)
One Planet Living Fund (OPLF)
One Planet Living Fund is a Canadian investment fund focused on net-zero real estate development, whose mission is to create happy, healthy communities – within the capacity of a single planet – while offering attractive returns to investors.