TORONTO, Aug. 30, 2017 /CNW/ - The Atmospheric Fund (TAF) VP for Impact Investing, Tim Stoate, has been appointed to the Board of the newly-formed Green Ontario Fund. The announcement was made today by Ontario's Minister of Environment & Climate Change, Chris Ballard.
Tim joined TAF in 2007 and has over 30 years of banking and business experience under this belt. His development of innovative financing strategies, including a specialized loan for new condo construction and the non-debt Energy Savings Performance Agreement (ESPA™) for energy efficiency retrofits has been recognized with awards from Scotiabank, the Financial Times/International Finance Corporation, Clean50 and others.
"I'm honoured to be leveraging The Atmospheric Fund's focus on incubating low-carbon solutions and my impact investing expertise to benefit the Green Ontario Fund," says Stoate. "We need to maximize the impact of this key province-wide vehicle to help homeowners, institutions and businesses achieve energy savings and carbon reductions on a large scale."
Founded in 1991, The Atmospheric Fund (TAF) innovates, demonstrates and de-risks low-carbon solutions in the Greater Toronto and Hamilton Area to reduce carbon emissions and air pollution, leveraging endowments provided d by the City of Toronto (1991) and the Province of Ontario (2016). For more information about TAF, please visit taf.ca.
SOURCE The Atmospheric Fund
For further information: Media Contact: Jaime Klein, Executive Coordinator, The Atmospheric Fund, 416-392-0271 or [email protected]