Green economy in the City of Toronto

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Green economy in the city of Toronto, Canada.

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Green economy in the City of Toronto

  1. 1. Vietnamese German UniversityAdvisor: Ho Chi Minh CityDr. Gulelat Kebede 08 July, 2011Students:Dao Phuc QuynhDoan Ngoc Anh VuNguyen Dinh Khoa
  2. 2. OUTLINE• INTRODUCTION – Selection city (why?) – Overviews• WHAT – Practice – Indicators• WHY (DRIVERS)• WHO (ACTORS)• HOW – Instruments – Process• CONCLUSION – Lesson – Comments. 2
  3. 3. OVERVIEWS TORONTO - Is the good practice city on GE ? • Capital of Ontario and the largest city in Canada, the 5th largest city in North America with 2.6 million residents. • Alpha world city - Globalization and World Cities (GaWC) • one of the top financial centers in the world • The most diversified economy of any city-region in North America. • Comprises 11% of Canada’s GDP.http://www.toronto.ca/invest-in-toronto/tor_overview.htm • 60% of the population of the USA is within a 90-minute flight. 3
  4. 4. OVERVIEWS• 75% of Canada’s foreign banks, and 65% of the country’s pension fund companies• more than 15,000 medical/ biotech researchers, two top-ranked MBA schools as well as excellent programs in engineering, computer sciences and multi-media.• city’s central business district and provides flights to over 300 destinations in 54 countries through 64 carriers.• More than 2,400 subway vehicles, buses and streetcars make it easy for more than 1.4 million business riders to travel throughout the city daily http://www.toronto.ca/invest-in-toronto/tor_overview.htm 4
  5. 5. ENERGYPractical indicator 5
  6. 6. GREENING ECONOMY Estimated GDP, city of Toronto, 1987 - 2009 Practical indicator (source: Toronto’s Vital Signs® 2010,Full Report) 6
  7. 7. TRANSPORTATION• Between 1999 and 2009, 50% of the 729 people killed in traffic collisions were pedestrians and 3% were cyclists. (City of Toronto, 2010a) (source: City of Toronto cycling case study) 7
  8. 8. WHY GREEN ECONOMY?• Green economic activity: ( 3 tenets of sustainability) - Improve healthy environments - Vital economies - Social equity• Economic activities that use systems of production, consumption, and distribution of wastes• Green economic activity also refers to the green business sector which produces products or services which are less harmful to the environment and includes community economic development 8
  9. 9. WHY GREEN ECONOMY? Toronto has all of the necessary components to promote and benefit from the competitive advantages of green economic activity - City staff work in cooperation with politicians and with community groups - The City has a high population density by North American standards, which provides opportunities for mixed land uses - The City is very multicultural 9
  10. 10. BENEFITS OF THE GED: TRANSPORTATIONo Energy securityo Environment and human healtho Reduction of land demando Competitiveness and attractiveness 10
  11. 11. BENEFITS OF THE GED: ENERGY EFFICIENCYo Economic developmento Import substitutiono Improved productivityo Local energy securityo Reduced local and global greenhouse gas and reductions in other sources of pollution 11
  12. 12. BENEFITS OF THE CED: GREEN BUSINESSESo New jobs, businesses and industries that are community - basedo New opportunities for the socially disadvantaged because green CED is labor intensive and relies on a range of skill levels, including so-called unskilled laboro An increase in local services which can reduce vehicle tripso Brownfield redevelopmento Reduced social isolation and increased opportunities for building social and community cohesion. 12
  13. 13. BENEFITS OF THE GED:o Enhanced competitivenesso Strong Economic Growtho Improved Local environmento Increased prosperityo Better quality of life for Torontonians 13
  14. 14. GED VISION• Toronto’s Green Economic Sector Development Vision: “To become a globally recognized green industry hub that generates social, environmental, and economic value to the City, local industry and its residences while stimulating the continued growth and sustainability of established businesses.” 14
  15. 15. CRITICAL STRENGTHS FOR SUCCESSFUL GEDExisting Business Base: This strength demonstratesthe strength of demand for green products and University &services. CollegeUniversity and College Network: training & Network Existingproviding hubs of experts and researchers in Environmentalvarious fields. Quality of Life IndustryGlobal Reputation and Presence: The strong Sectorreputation & recognition that Toronto hasglobally is a critical strength in developing a Toronto’s GlobalGreen Industry sector Reputation & Critical ProximityQuality of Life: Toronto offers an outstanding Business Strengths To Northquality of life compared to other large Linkages Americancomparable cities. MarketsBusiness Support and Financial ServicesGiven the reputation as a financial hub Toronto’s Business support &Proximity to US market: easy access to the Ongoing financiallargest potential market for green technologies leadership servicesand services in the US.Toronto’s Ongoing Leadership: has continuedwith a strong commitment 15
  16. 16. INSTRUMENTSImplement various demand side policy initiatives: • Reduced property taxes for green buildings, tax breaks or rebates for incorporating green technologies • Small and medium sized business loans for retrofitting costs; • Supply-side policy initiatives such as low interest loans to qualified green businesses, enhanced profile for green businesses. • Green procurement standards, Introduce an energy performance certification scheme for buildings that are constructed, rented or sold; 16
  17. 17. INSTRUMENTS• Ontario’s Standing Offer program: The federal government has also recently re-launched a number of funding schemes to encourage the development of alternative generation.• Concern over Toxics: Policies and regulations around health and the environment is also a driver for the green market. Concerns over pollutants and toxics have allowed for an increasing demand for organic and green products that individual consumers can choose over traditional sources.• Emissions Trading regulations: Other regulations such as the potential for emissions trading in Canada and the United States allows for an additional business case to be made for businesses looking to reduce their environmental footprint. 17
  18. 18. PROCESSThe scope and nature of thesestrategies directions can be groupedinto six gears as illustrated 18
  19. 19. ACTORS ACTORS RESPONSIBILITIES The mayor and Toronto City Council Performance Municipal The Environment Office Performance The Energy Efficiency Office (EEO) -honest broker‘ - providing independent information for demand & supply side options - Facilitator bringing all parties together - Gathering databases of specialized expertise - Technical support , training & developing the market infrastructure to deliver EE services Planning Department, City of Toronto Performance The Economic Development Culture and Tourism support the growth and recognition of Toronto’s environment Division (EDCT) and renewable energy industry sector, promote environmental best practices among employersePrivat Companies, entrepreneurs… Invest Citizens Consultant, participate. Sustainable Technology Development (SDTC) NGOs Provide business and financial support to new and growing Ontario Centres of Excellence (OCE) technology businesses Toronto Atmospheric Fund Academic University of Toronto -Training York University -develop specialized skills -Develop training programs to improve contractor’s abilities to Trades schools successfully install environmental products in homes and businesses; 19
  20. 20. CRITICAL FACTORS• Leadership and long–term commitment: Political leadership from the Mayor and active business engagement.• Focus on main objectives: clearly defined vision of achievements in terms of the specifics and the wider outcomes;• Business orientation: Recognizing the different needs of different types of business;• Strong coordination and partnership: Multi-stakeholder collaboration (businesses, industry and professional associations, academic institutions and governments) is condition to increase the competitiveness and profile of the industry;• Harnessing volunteering: Volunteering programs have delivered successful longer-term economic, social and environmental benefits;• Leading by example: sets an excellent example for the demonstration and adoption of green technologies. 20
  21. 21. CONCLUSION• Toronto has shown a commitment and desire to become one of the world’s greenest cities and has outlined a number of these green goals and commitments in the Environmental plan and Climate Change strategies.• A coordinated commitment and action plan is put in place and resources and all working towards a common goal.• Toronto has differentiated itself from other great cities by embracing GED and putting into action the strategies and plans.• Green economy will be come exciting opportunities for new business as well as opportunities for existing businesses to reinvent themselves.• LESSON Comprehensive initiatives, policies Wide intervention, every sectors. Highly co-operate: Public, private, NGOs, Academic, citizen. Well managed. 21
  22. 22. The end. 22

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