Ontario to Host Climate Summit of the Americas
July 2015 Conference Will Showcase Leadership, Collaboration, Action on Climate Change
Ontario will host a pan-American dialogue on long-term climate action at a 2015 Climate Summit of the Americas in Toronto, from July 7-9, 2015.
The two day event will be aligned with the Pan American Economic Summit, demonstrating the important link between climate action and a strong, prosperous low-carbon economy.
The Climate Summit of the Americas will work toward:
- Strengthening a pan-American coalition of subnational governments leading up to the 2015 Conference of the Parties (COP21) in Paris, France.
- Reaching a common position on reducing greenhouse gas emissions through market-based mechanisms.
- Showcasing Ontario as a leader on climate change.
- Highlighting successful carbon markets and opportunities for investing in a thriving global clean-tech industry.
The climate summit will be held at the same time as the Pan American Economic Summit in Toronto and will bring together government, industry and environmental leaders recognized for their efforts to fight climate change and raise awareness of its risks and opportunities.
Leading and collaborating with other jurisdictions and industry leaders to address climate change is part of the government's economic plan for Ontario. The four part plan is building Ontario up by investing in people's talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives and building a secure savings plan so everyone can afford to retire.
- The climate summit builds on bilateral leadership shown by California, Ontario, Quebec and British Columbia through a joint climate statement released on Dec. 8, 2014.
- The Pan American Economic Summit, hosted by the Toronto Global Forum, will help maximize the economic benefits of the TORONTO 2015 Pan American and Parapan American Games.
- Ontario’s action to end coal-fired power is the single-largest greenhouse gas reduction initiative in North America.
- According to the Conference Board of Canada, each $100 million invested in Ontario in climate-related technologies is estimated to generate a gain of $137 million in GDP, $25 million in tax revenue and 1,400 new jobs.
- The world clean-tech market is expected to be worth $2.5 trillion by 2030.
- Read more about the Conference of the Parties and the United Nation Framework Convention on Climate Change
- Learn more about how carbon markets can drive clean energy projects, make businesses more competitive and generate jobs
- Learn more about how Ontario met its 2014 greenhouse gas reduction target
“The Climate Summit of the Americas is an important step for Ontario and other pan-American states and regions, leading up to a binding international agreement in Paris next year. Governments, businesses and communities across the Americas recognize the urgency and immediacy of reducing greenhouse gas emissions through a range of measures, including integrated carbon markets. Ontario is honoured to host a summit that will demonstrate how collaboration and leadership on climate change can deliver a healthier planet and economic prosperity for us, our children and future generations.”
“Ontario is a leader when it comes to taking action on climate change, but no government can address this complex problem alone. Building vital partnerships through events like the Climate Summit of the Americas is key to ensuring our province has the skills and know-how to build a bright and sustainable future for us all.”
“We are proud to host the Climate Summit of the Americas and collaborate with neighbouring states and regions. Working together we can help support a better environment while creating more prosperous places to live. Ontario is eager to partner with key markets and this event provides an important opportunity to strengthen our international relationships.”
“Hosting the TORONTO 2015 Pan Am/Parapan Am Games is bringing benefits to Ontario now and into the future by serving as a platform for international events such as the Pan American Economic Summit and the Climate Summit of the Americas. These forums are attracting influential thought leaders that will help forge international business relationships and influence policy decisions that will continue to stimulate our economy and bring about important global change long after the Games are over.”