{"id":3381,"date":"2025-06-11T10:42:47","date_gmt":"2025-06-11T14:42:47","guid":{"rendered":"https:\/\/fondsclimatmontreal.com\/?p=3381"},"modified":"2025-06-11T14:07:11","modified_gmt":"2025-06-11T18:07:11","slug":"opening-of-multires-a-decarbonization-program-for-multi-residential-building-owners","status":"publish","type":"post","link":"https:\/\/fondsclimatmontreal.com\/en\/press-releases\/opening-of-multires-a-decarbonization-program-for-multi-residential-building-owners\/","title":{"rendered":"Opening of MultiR\u00e9s: A decarbonization program for multi-residential building owners"},"content":{"rendered":"\n
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Montreal, June 11, 2025 –<\/b> The Greater Montreal Climate Fund and Efficiency Capital have partnered to launch MultiRes and have announced that <\/span>applications are now open for building owners to join the summer cohort of the MultiRes program<\/b>. Targeting buildings with aging systems and high emissions, the program offers tailored retrofit plans that combine energy efficiency and electrification, helping owners navigate the technical and financial challenges of this transition.<\/span><\/p>\n

MultiR\u00e9s: lessons learned from field experience<\/h3>\n

After a successful two-year pilot phase, MultiR\u00e9s has proven that no two buildings are alike. Field experience showed that pre-packaged solutions rarely fit: each property has unique characteristics \u2014 from system design to tenant profile \u2014 requiring a tailored approach.\u00a0<\/span><\/p>\n

For example, the pilot revealed that electrifying a building can raise project costs by up to 25% compared to conventional equipment replacements. These upgrades often don\u2019t generate enough energy savings to meet owners\u2019 expected payback timelines, making them financially unfeasible without external support. That\u2019s where MultiR\u00e9s comes in.<\/span><\/p>\n

\u201cBuilding owners are under growing pressure not only to modernize outdated systems, but also to comply with new regulations banning fossil fuel heating,\u201d says <\/span>Chandra Ramadurai, CEO of Efficiency Capital<\/b>. \u201cThey face particular challenges managing this shift. The MultiR\u00e9s program will help absorb costs and deploy clean technology solutions proven to benefit both owners and tenants.\u201d <\/span><\/p>\n

A solution designed for building owners that will have a significant impact<\/h3>\n

The building sector accounts for <\/span>26% of GHG emissions in the CMM<\/b> \u2014 a major challenge for the region\u2019s climate ambitions. By supporting large-scale retrofits, the MultiR\u00e9s program offers a practical path to significantly lower emissions while improving building performance. Owners who join the program can reduce operating costs, enhance property value, and contribute directly to Greater Montreal\u2019s transition toward carbon neutrality.<\/span><\/p>\n

\u201cBuilding decarbonization is one of our biggest climate challenges \u2014 but also one of our biggest opportunities,\u201d says Vincent Moreau, CEO of the Greater Montreal Climate Fund<\/strong>. \u201cWith MultiR\u00e9s, we\u2019re giving owners the tools to act, accelerating the transition to a low-carbon Greater Montreal, and helping the region meet its 2040 decarbonization targets.\u201d<\/span><\/p>\n

Apply now<\/h3>\n

Owners may qualify their buildings <\/a><\/span>here<\/span><\/a>. Individual buildings smaller than 6 units are not eligible unless they are combined with several buildings under the same owner. The building must be located in a Greater Montreal area including Kanesatake or Kahnawake territories.<\/span><\/p>\n

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About the Greater Montreal Climate Fund
\n<\/b>The Greater Montreal Climate Fund, a member of the Low-Carbon Cities Canada (LC3) network, is a charitable organization that catalyzes public, private and philanthropic capital to support decarbonization projects in Greater Montreal, including Kanesatake or Kahnawake territories. It awards grants, sets up programs and makes investments to encourage innovative initiatives with strong potential for scale-up in sustainable mobility, buildings, energy and capacity-building. To find out more: <\/span>https:\/\/fondsclimatmontreal.com\/en\/<\/span><\/a>. For full details of the MultiRes program: <\/span>https:\/\/fondsclimatmontreal.com\/en\/program\/<\/span><\/a><\/p>\n

About Efficiency Capital
\n<\/b>Efficiency Capital (EC) is Canada’s first energy-as-a-service company that develops, funds, and manages net-zero projects in the built environment. Incubated by The Atmospheric Fund (TAF) \u2013 a regional climate agency that is the Toronto and Hamilton area hub of the LC3 network, EC seeks to increase the flow of third-party capital into such projects by leveraging strategic partnerships with various banks, impact investors, community foundations and other organizations. EC has over $100M in low-cost project funding to deliver fully funded, turnkey and de-risked decarbonization solutions. For more information visit\u00a0<\/span>www.efficiencycap.com<\/span><\/a>.<\/span><\/p>\n

Source
\n<\/b>In\u00e8s Filippigh
\nGreater Montreal Climate Fund
\n(579) 957-1915
\n<\/span>ifilippigh@fondsclimat.com<\/a>\u00a0<\/span><\/b><\/p>\n

Information<\/b>
\n<\/a><\/span>Marie-Eve St-Onge
\n<\/span>COPTICOM, Strategies and Public Relations
\n<\/span>514-601-5504
\nmestonge@copticom.ca<\/a><\/span><\/p>\n<\/div>\n <\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":3412,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"wds_primary_category":40,"footnotes":""},"categories":[40],"tags":[],"class_list":["post-3381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"acf":[],"_links":{"self":[{"href":"https:\/\/fondsclimatmontreal.com\/en\/wp-json\/wp\/v2\/posts\/3381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fondsclimatmontreal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fondsclimatmontreal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fondsclimatmontreal.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fondsclimatmontreal.com\/en\/wp-json\/wp\/v2\/comments?post=3381"}],"version-history":[{"count":0,"href":"https:\/\/fondsclimatmontreal.com\/en\/wp-json\/wp\/v2\/posts\/3381\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fondsclimatmontreal.com\/en\/wp-json\/wp\/v2\/media\/3412"}],"wp:attachment":[{"href":"https:\/\/fondsclimatmontreal.com\/en\/wp-json\/wp\/v2\/media?parent=3381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fondsclimatmontreal.com\/en\/wp-json\/wp\/v2\/categories?post=3381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fondsclimatmontreal.com\/en\/wp-json\/wp\/v2\/tags?post=3381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}