Header for the Bay Street Climate Report , with the text: A report by the Toronto Climate Observatory, a research hub based at the University of Toronto, found that Toronto’s Financial Institutions were responsible for 1.44 billion tCO2e in 2022.That is almost 100x the City of Toronto’s emissions, and almost 2x Canada’s national emissions. While these numbers are astounding, they are also minimums. Read more about the report and its key recommendation at http://climateobservatory.ca/baystreetclimatemonitor.
Eighteen Toronto banks, pensions and asset managers responsible for financing emissions that are almost 2x Canada’s total emissions, nearly 100x City of Toronto’s emissions. Toronto’s top financial institutions financed over $1.43 trillion CAD ($1.1 trillion USD) in fossil fuel companies in 2022, contributing to at least 1.44 billion tonnes of CO2 emissions- nearly twice the total emissions of Canada, and nearly 100 times the total emissions of the City of Toronto, according to a new report from the Toronto Climate Observatory, a research hub based at the University of Toronto (U of T).
The Toronto Climate Observatory (TCO) is hiring a part-time (50%) Research Coordinator to support the growing activities of this campus-wide research initiative. With professors and graduate students from multiple departments and faculties at the University of Toronto, we have developed an ambitious research agenda, online platform, and outreach program to monitor and communicate the accelerating impacts of climate change locally and around the world. Drawing on approaches ranging from climate modeling to human centered design, economics, oral history, citizen science, and art/science collaboration, the TCO develops place-based approaches to understanding the effects of climate change in ways that are contextualized and meaningful to policy-makers and the public. Key aspects of the initiative include our commitments to sound science, interdisciplinary collaboration, climate justice, and public engagement.
The first-ever Toronto Climate Summer School (TCSS) has been featured on the University of Toronto's Arts & Science website. Led by Professor Robert Soden and Dr. Rohini Patel, the TCSS brought together students from a range of fields to explore how climate change is affecting the city of Toronto. From tracking methane emissions in the Junction to studying how extreme weather impacts housing and migration, students dug into real issues happening right here in our city.
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