FCM recently had the pleasure of submitting the Green Municipal Fund (GMF) Annual Report
2006–2007 to the minister of natural resources and the minister of the environment. The Government of Canada endowed FCM with $550 million to establish GMF to provide a long-term, sustainable source of financing for municipal governments and their partners. The annual report is submitted to Parliament each year, as required under FCM’s agreement with the Government of Canada.

The report documents the Fund’s progress and achievements over the past year, and new opportunities for the future that have emerged from our success.

Since the inception of the Fund in 2000, over 650 GMF feasibility studies, field tests, sustainable community plans and capital projects have been approved for funding, leveraging more than
$1.9 billion of economic activity. These initiatives have had a significant impact on Canada’s air, water and soil quality and on efforts to address climate change.

In 2006–2007, GMF funded 137 leading initiatives to make communities across Canada more environmentally, socially and economically sustainable. Almost $10 million was allocated to 96 feasibility studies, field tests and sustainable community plans, while $57 million in low-interest loans and $9 million in grants were approved in support to 41 capital projects.

That impressive volume of municipal activity represents a growing body of knowledge and lessons on how municipal operations can be made more sustainable.

Municipal leaders have gained a wealth of knowledge and experience through GMF-funded studies and projects. Through the GMF Capacity Building program, FCM captures and shares these lessons with other Canadian municipalities.

As municipal governments in Canada continue to address the impacts of climate change and build more sustainable communities, GMF will adapt to meet their needs and support their sustainable development goals.


Read more CSCD newsletter articles.