![tractor](https://climateinstitute.bmo.com/media/filer_public/72/2c/722c2a86-a142-4102-9084-b9988770b104/istock-124677784_0_138_1252_699.jpg)
From repeated crop failures in Michigan's fruit belt, which produces 70% of U.S. tart cherries,1 to organic apple growers in Washington fighting …
![A group of business people around a table](https://climateinstitute.bmo.com/media/filer_public/a3/8a/a38a1b0c-2066-47e0-b753-5469c3691bd5/istock-1416299422_0_138_1254_700.jpg)
Canada’s latest National Inventory Report highlighted a 7% decline in greenhouse gas emissions, demonstrating progress toward the goal of reduc…
![flowers in front of a government building](https://climateinstitute.bmo.com/media/filer_public/8d/5d/8d5d2f39-ccaf-424a-b48c-a83035a658d1/istock-172124166_0_75_1252_766_0_67_1252_627.jpg)
Budget 2024 carries forward the government’s commitment to climate programming, building incrementally on a larger portfolio of climate initiat…
![picture representing energy](https://climateinstitute.bmo.com/media/filer_public/1a/1d/1a1d199f-1449-4ed9-9a97-75ee1f8865f2/istock-1452767187_0_137_1254_699.jpg)
Despite a "hint of a slowdown" in global electric vehicle (EV) sales, innovations in battery technology and vehicle efficiency will keep th…
![Trucks at an EV charging station](https://climateinstitute.bmo.com/media/filer_public/af/aa/afaadfb5-b4c0-47ad-ac9a-046bed02f9a9/istock-1359803303_0_137_1254_699.jpg)
Carbon accounting is the process of measuring the emissions from the activities within the boundaries of your business." – Brent Thumlert,…
![picture of a government building](https://climateinstitute.bmo.com/media/filer_public/e9/3d/e93ddc5e-1050-459c-b42a-2c7f766eb844/istock-1413490983_0_138_1254_700.jpg)
This year will feature a flurry of regulations, government guidance, and new incentives regarding climate risk. Among the developments: …
![image made with words](https://climateinstitute.bmo.com/media/filer_public/94/ad/94adb994-2f81-4e01-8417-d323c930799a/cop28_article_for_1122024_istock-1817379597_0_183_1175_710.jpg)
“It was a great privilege to be at COP28 representing BMO and helping advance the matter on common efforts in the fight against climate change …
![city building and roof](https://climateinstitute.bmo.com/media/filer_public/2d/cf/2dcf3a53-8773-420e-a6b3-3414fc97cc80/city_building_and_roof_0_171_2235_1175.jpg)
Corporate climate action appears to be reaching a new phase. More companies in the United States and Canada are implementing mitigation plans to redu…
![News Release](https://climateinstitute.bmo.com/media/filer_public/ba/ad/baad308b-c152-4b9e-8e80-880933856b10/news_release-communique_0_0_1768_980_0_93_1768_887.png)
BMO Arranges Green Financing to Fund New Lawson Centre for Sustainability, Trinity College's Most Significant Build in a Century Fir…
![Heat from the sun](https://climateinstitute.bmo.com/media/filer_public/dd/e3/dde32598-9ca1-491d-bc3d-dc081b1f8efb/sun_and_heat_3_774_142_1614_519.jpg)
After record-breaking heat in the summer, 2023 is on track to be the hottest year ever. Sustainability Leaders podcast is live on all m…
![Clean energy logos](https://climateinstitute.bmo.com/media/filer_public/3f/23/3f23ae35-7d17-429d-94ef-6ce4502f5aeb/image_for_insight_on_2nd_annual_bmo_ci_business_leaders_survey_0_29_1434_671.png)
Michael Torrance, Chief Sustainability Officer, sat down with Melissa Fifield, Head of the BMO Climate Institute, to discuss the key findings and tre…
![Picture of hand with green background](https://climateinstitute.bmo.com/media/filer_public/4d/56/4d56031f-14aa-4e12-a566-647c32ba408f/picture_of_hand_and_green_swirl_with_green_background_102_0_913_365.png)
Through our partnership with the BMO for Women program, we recently connected with five incredible women entrepreneurs who are using their businesses…
![picture of solar panels](https://climateinstitute.bmo.com/media/filer_public/a5/cb/a5cbd0bc-7eea-49a9-8438-430887c240b9/picture_of_solar_panels_99_0_926_371.png)
On a pond in California's wine country, an expanse of nearly 5,000 solar panels powers the small Town of Windsor's water treatment facility. …
![picture of the ocean and the sun](https://climateinstitute.bmo.com/media/filer_public/33/6a/336a690b-36d5-4827-b9c3-80bac8d4e41a/picture_of_the_ocean_99_0_928_370.png)
“One of our slogans that we say a lot is it's a nudge don't judge. We're trying to nudge people in the right direction and not judg…
![Recycling earth](https://climateinstitute.bmo.com/media/filer_public/bb/4f/bb4fe3e9-c00d-4b4e-8e16-7d53052bcbfc/recycling-earth_img_desktop_0_29_792_384.png)
Nearly Half of Business Leaders in the U.S. and Canada Believe Climate Change Has Already Affected Their Businesses, but Few Have a Strategy The s…
![Textile designer choosing fabric](https://climateinstitute.bmo.com/media/filer_public/3f/54/3f5492d9-cf70-4271-8617-f3aba7e80c4c/microsoftteams-image_9_116_0_1007_401.png)
“We need to move away from a materials matrix that looks like 67% fossil fuel-based materials and start accelerating the use of circular materi…
![Image of truck driving on road with hydrogen icon](https://climateinstitute.bmo.com/media/filer_public/8f/20/8f2088e7-54c5-49d8-b70d-e468eaa4c79a/microsoftteams-image_5_92_0_830_330.png)
This is part 2 of a 2-part series on Decarbonization and Electrification of the Transportation. For Part 1 by the Climate Institute, see here. …
![People walking](https://climateinstitute.bmo.com/media/filer_public/bb/c3/bbc31f79-2040-426b-af05-14ffa40ca1b6/microsoftteams-image_106_0_919_365.png)
After enjoying the beautiful weather and stimulating discussions at Climate Week NYC, I headed home and was immediately met with gray, smoky air blan…
![Hazy cityscape](https://climateinstitute.bmo.com/media/filer_public/14/8d/148df03d-36a2-486c-a024-51972e272a6e/microsoftteams-image_1_0_37_695_348.png)
The impact of extreme weather patterns, mega-fires, and policy shifts toward a low-carbon economy are putting pressure on finance teams across i…
![Trees](https://climateinstitute.bmo.com/media/filer_public/c5/ce/c5ce7f88-381f-4e7d-a55b-14efd57400de/microsoftteams-image_2_89_0_828_332.png)
"We want to start to do a better job connecting people to the places that we're working to protect. Because once you get to experience a pla…
![Hikers admiring trees](https://climateinstitute.bmo.com/media/filer_public/15/1c/151c4ef5-17a2-4cec-aa5a-d5603956deba/microsoftteams-image_3_92_0_829_330.png)
“It's an absolute joy to work across the state of California if you think about how diverse the state is from a natural standpoint, how div…
![images of panelists](https://climateinstitute.bmo.com/media/filer_public/32/9b/329b5952-5fc5-45d9-9808-5502d3a7c5cb/microsoftteams-image_6_124_0_1154_464.png)
While both the United States and Canada are making progress toward achieving net-zero emissions commitments, businesses must accelerate their efforts…
![People in a business meeting](https://climateinstitute.bmo.com/media/filer_public/d2/71/d271621d-b51f-45a2-9f03-81c519f01f5e/microsoftteams-image_8_0_35_697_347.png)
As the CFO of a Fortune 500 company for six years, Elyse Douglas realized that for her business to reap the full benefits of ESG efforts, she would h…
![Green chart](https://climateinstitute.bmo.com/media/filer_public/0c/51/0c51ffc3-5952-4b76-97ea-4ac7cb02f9b3/carbon_capture_investment_generate_credits_106_0_922_365.png)
Canada is committed to achieving net-zero emissions by 2050,1 and finding ways to expand and monetize the compliance and voluntary credit market…
![Hand Holding Sun](https://climateinstitute.bmo.com/media/filer_public/21/3f/213f9cdf-d201-4c3d-a511-4d7d91e1be02/hope_in_a_time_of_extreme_95_0_822_326.png)
Amid a steady stream of news about extreme temperatures and natural disasters, Melissa Fifield, the head of the BMO Climate Institute, distinguishes …
![Grass and industrial](https://climateinstitute.bmo.com/media/filer_public/ac/13/ac13fc1c-7e18-4dc7-b63e-591708020ea1/taking_canadas_building_retrofits_to_the_next_level_0_35_692_346.png)
The buildings that we work, study, and live in are responsible for more than a quarter of global greenhouse gas emissions (GHG). There…
![Electric vehicle](https://climateinstitute.bmo.com/media/filer_public/a3/11/a3115e8a-b75d-44a2-9135-0ebf9365500f/how_auto_dealers_are_driving_the_transition_97_0_821_325.png)
Carmakers are working toward net zero, but eliminating carbon emissions altogether, the source of 15% of global greenhouse-gas emissions, will requir…
![Mountains](https://climateinstitute.bmo.com/media/filer_public/d4/04/d404e3fc-730c-4e0e-b39a-fe66226abc03/wildfires_experts_explain_95_0_828_329.png)
By the end of June, Canada was already experiencing its worst wildfire season in recorded history. Hundreds of out-of-control infernos had incinerate…
![Setting the Climate Change Agenda - From Policy to Clean Tech Investments Panel](https://climateinstitute.bmo.com/media/filer_public/68/9a/689a8770-90a8-42eb-8935-439cda1fd853/img_2460_0_248_2250_1257.jpeg)
As the frequency of extreme weather events continues to rise, the effects of climate change are quickly becoming less abstract, and while the race to…
![Michael Torrance at IBM Conference](https://climateinstitute.bmo.com/media/filer_public/ff/0b/ff0b5279-6553-40d7-bad6-2c632972f367/empowering_organization_to_operationalize_98_0_821_324.png)
Michael Torrance recently participated in a panel at the IBM THINK Conference to discuss sustainability and the role financial institutions play in c…
![copper](https://climateinstitute.bmo.com/media/filer_public/75/81/75810fdc-55b2-423f-8081-adff13365169/copper-1417929421_0_138_1254_700.jpeg)
Susan McGeachie is joined by Remi Piet, Co-Founder & Senior Partner at Embellie Advisory on the ground at BMO’s 32nd annual Global Metals, …
![Person standing on a flooded street](https://climateinstitute.bmo.com/media/filer_public/84/39/8439c44a-9d04-4469-8a8c-65fb24ebbfdf/istock-539844064_0_7_2121_958.jpeg)
Immediate, concerted action on mitigation and adaptation measures could still save the world from intensifying climate disasters, but only if we act …
![Panelist from Critical Minerals Mining Panel.](https://climateinstitute.bmo.com/media/filer_public/f4/f5/f4f55cc7-f821-4a36-9bd3-f231cf45807a/bmo_gmmcm_climate_institute_0_168_2100_1111.jpeg)
Can North America become a leader in critical minerals mining? That’s a question that was explored by a panel of industry experts at BMO’…
![Wind and Rain](https://climateinstitute.bmo.com/media/filer_public/26/c4/26c41ec3-4e2a-4b05-b575-090a537cc00f/22-1541-2022-sfw-ad-campaign_image_wave4_2121x1414_0_233_2121_1185.jpeg)
Climate change is altering weather patterns in significant and meaningful ways. If these weather events continue to grow in frequency and intensity, …
![Greenhouse lettuce](https://climateinstitute.bmo.com/media/filer_public/40/57/4057761c-1c4a-4f8d-9497-2624c10bd987/greenhouse_lettuce_0_55_708_372.png)
With the global population forecast to grow to more than nine billion by 2050, it came as little surprise that food security was a key theme at the B…
![Photo of a globe with illustration of connectivity infrastructure](https://climateinstitute.bmo.com/media/filer_public/7c/db/7cdbd513-d5fb-400c-a2d7-89ea910e6c1c/blog-electrify-canadaqa-1200x400-1_120_0_1012_400.jpeg)
Climate change is an existential crisis but also a generational opportunity to transition to a cleaner, more sustainable future and a prosperous econ…
![Aerial view of downtown Toronto](https://climateinstitute.bmo.com/media/filer_public/0d/d1/0dd1e8a5-f938-4445-a34b-07134aa04dd7/istock-1040643480_0_0_1254_562.jpeg)
Susan McGeachie is joined by Dan Wicklum, President and CEO of The Transition Accelerator, a pan-Canadian charity that creates positive, transfo…
![News Release](https://climateinstitute.bmo.com/media/filer_public/08/ea/08ea64c5-04b7-4289-8d89-12df9e5114ce/bokehv5thechosenonenewspaperv4_0_0_2177_980.jpeg)
Survey shows small and medium-sized enterprises (SMEs) in Canada and the U.S. are concerned about the impacts of climate ch…
![EV battery](https://climateinstitute.bmo.com/media/filer_public/a2/3e/a23ef0f2-954e-4b1f-841b-3a11c4b093d6/ev-battery-1394458271_0_102_1395_726.jpg)
There’s currently a heavy focus on the implications of the Inflation Reduction Act (IRA) to the EV transition and the importance of building ou…
![podcast waveform](https://climateinstitute.bmo.com/media/filer_public/14/c2/14c2660d-e1c9-42eb-bd9d-f4318a63272e/podcast-artwork-waveform-insights_0_233_2121_1185.jpeg)
In this edition of our IN Tune podcast, we sit down with Doug Morrow and Juan Sanabria from BMO’s equity research team to discuss the key findi…
![Silhouettes of two people running and jumping across a gap to a rocky outcrop with commitment](https://climateinstitute.bmo.com/media/filer_public/77/44/7744e94b-a099-44ef-9182-78f7ab52879d/bmo-logo_2rb_185_110_1671_779.jpg)
As thousands land in Egypt for the 27th United Nations Climate Change Conference in Sharm El Sheikh this week, it bears noting how much the pano…
![cop_podcast](https://climateinstitute.bmo.com/media/filer_public/45/99/45997afa-2c04-40fa-a7cd-719225f8b3be/cop_podcast-1417564706_0_77_1365_689.jpg)
Business and governments face big challenges, but are still committed to action Between rising global tensions and economic uncertainty, thi…
![A silhouette of a person jumping across a gap to a rocky outcrop with commitment](https://climateinstitute.bmo.com/media/filer_public/14/39/143966b2-c20b-41b3-94c6-eeeac2d08b7d/bmo-climate-institute_0_48_1025_507.jpeg)
Canada’s second annual National Day for Truth and Reconciliation comes at a time of resolute reflection on the extent to which the effects of i…
![electric vehicle](https://climateinstitute.bmo.com/media/filer_public/b0/48/b0482ebf-c031-4652-999a-53ba1b3dc896/22-1541sfwcampaign_w1evtipping_0_233_2121_1185.jpg)
Policy support, improvements in battery technology, more charging infrastructure, and new compelling models from automakers are a few key reasons why…
![Silhouettes of two people running and jumping across a gap to a rocky outcrop with commitment](https://climateinstitute.bmo.com/media/filer_public/14/39/143966b2-c20b-41b3-94c6-eeeac2d08b7d/bmo-climate-institute_0_51_1025_511.jpeg)
Last month Bloomberg announced that the US has reached a tipping point for mass adoption of electric vehicles (EVs). According to their an…
![A silhouette of a person jumping across a gap to a rocky outcrop with commitment](https://climateinstitute.bmo.com/media/filer_public/14/39/143966b2-c20b-41b3-94c6-eeeac2d08b7d/bmo-climate-institute_14_17_1025_470.jpeg)
As we come to the end of Indigenous History Month, I’m reminded of Virginia Woolf’s Room of One’s Own essay, in which the…
![farmer harvesting](https://climateinstitute.bmo.com/media/filer_public/f6/09/f609f1e0-ca02-4dc5-a70f-5edafcc8ba5b/istock-604025815_0_311_2121_1262.jpeg)
The manifestations of climate change - from oppressive heat to torrential floods – can impact vulnerable peoples the most. In this episode of S…
![Electrifying Canada](https://climateinstitute.bmo.com/media/filer_public/05/09/05096eed-d79f-4b83-b4b7-1a915e8172d5/electrifying_canada_business_led_task_force_calls_on_premiers_to_1-01_0_143_1870_981.jpeg)
Electrifying transportation has shown early promise in Canada. But the electrification of medium- and heavy-duty vehicle classes is running a few yea…
![Electrifying Canada](https://climateinstitute.bmo.com/media/filer_public/05/09/05096eed-d79f-4b83-b4b7-1a915e8172d5/electrifying_canada_business_led_task_force_calls_on_premiers_to_1-01_0_149_1870_987.jpeg)
We need to leverage Canada's clean and renewable resources and expertise to deploy significant power generation capacity over the coming decades.…
![Electrifying Canada](https://climateinstitute.bmo.com/media/filer_public/51/ab/51abcb71-fd60-4233-8bfc-22f28fca8a6c/electrifying_canada_business_led_task_force_calls_on_premiers_to_0_50_1496_723.jpg)
Our research identifies targeted opportunities to accelerate the electrification of Canadian businesses, as well as the key barriers inhibi…
![Electrifying Canada](https://climateinstitute.bmo.com/media/filer_public/05/09/05096eed-d79f-4b83-b4b7-1a915e8172d5/electrifying_canada_business_led_task_force_calls_on_premiers_to_1-01_0_156_1870_993.jpeg)
Today, the Canadian industrial sector uses electricity to power more than 25% of its energy needs. It must ramp this up to 41% by 2050 while simultan…
![Electrifying Canada](https://climateinstitute.bmo.com/media/filer_public/05/09/05096eed-d79f-4b83-b4b7-1a915e8172d5/electrifying_canada_business_led_task_force_calls_on_premiers_to_1-01_0_137_1870_975.jpeg)
![Silhouettes of two people running and jumping across a gap to a rocky outcrop with commitment](https://climateinstitute.bmo.com/media/filer_public/14/39/143966b2-c20b-41b3-94c6-eeeac2d08b7d/bmo-climate-institute_0_51_1025_511.jpeg)
Canada’s Emissions Reduction Plan 2030 and the subsequent budget are critical to reaching net zero by the middle of the century, but they are o…
![house](https://climateinstitute.bmo.com/media/filer_public/6a/0c/6a0cd287-624a-4842-9ca7-46aa8e0ced84/image_for_efficiency_canada_social_post_0_138_1254_700.jpeg)
For Canada to reach its goal of being net zero by 2050, we’re going to have to retrofit our entire building sector, cutting emissions from resi…
![Green lawn with trees](https://climateinstitute.bmo.com/media/filer_public/99/5e/995e6a46-ae98-42e9-9ba8-bff67c7b2ed7/blog-climate-institute-1200x400-1_156_0_1048_400.jpeg)
It’s been a year since BMO declared its Net-Zero Ambition, pledging to reach net zero by 2050. This ambition included the launch of the BM…
![Silhouettes of two people running and jumping across a gap to a rocky outcrop with commitment](https://climateinstitute.bmo.com/media/filer_public/14/39/143966b2-c20b-41b3-94c6-eeeac2d08b7d/bmo-climate-institute_0_27_1025_487.jpeg)
When Canada’s prime minister Justin Trudeau addressed the COP26 UNFCC assembly, calling on the world to do “more, and faster” to st…
![housing](https://climateinstitute.bmo.com/media/filer_public/1f/37/1f377c0b-f7d9-4028-b0d4-45f89c57050b/shutterstock_2043972707_0_600_4000_2394.jpeg)
Canada is committed to achieving net-zero greenhouse gas emissions across its economy by 2050, and opportunities to reduce emissions in the housing m…
![GMM panel](https://climateinstitute.bmo.com/media/filer_public/dc/3a/dc3a3cb8-7498-4a0c-bf78-619a71f19a01/bmo_gmm_022722_s2_0034_0_198_2048_1116.jpeg)
For the mining industry to decarbonize by ‘electrifying everything’, companies must collaborate with peers, push governments for support …
![Silhouettes of two people running and jumping across a gap to a rocky outcrop with commitment](https://climateinstitute.bmo.com/media/filer_public/14/39/143966b2-c20b-41b3-94c6-eeeac2d08b7d/bmo-climate-institute_0_41_1025_500.jpeg)
When BMO pre-purchased 1,000 tonnes of carbon removal units late last year, it was more than just a step toward achieving our carbon neutrality …
![space station](https://climateinstitute.bmo.com/media/filer_public/0a/3c/0a3c7bf0-dbe6-4f41-9a97-10a188aa3f47/istock-1282561053_0_77_1365_689.jpeg)
“I think we've been living in a world that [believes that] somehow the economy lives outside of the environment, and that’s a myth. A…
![Silhouettes of two people running and jumping across a gap to a rocky outcrop with commitment](https://climateinstitute.bmo.com/media/filer_public/14/39/143966b2-c20b-41b3-94c6-eeeac2d08b7d/bmo-climate-institute_0_0_1025_459.jpeg)
In the run up to Glasgow, COP26 was billed as the most important UN Climate Change Conference since the Paris Agreement, and our last chance as a glo…
![Sun Glare Frost](https://climateinstitute.bmo.com/media/filer_public/b4/40/b4409c25-567e-4d0e-bb6b-cca70f34ff80/istock-511571843_0_0_1257_565.jpeg)
"There are huge areas of permafrost that contain a significant amount of organic matter. Now that the climate is warming and impacting permafros…
![flooded road](https://climateinstitute.bmo.com/media/filer_public/f0/f4/f0f485fd-75d2-499d-bc6c-c200b183fa75/istock-1303322500_0_4_1254_567.jpeg)
“We're not going backward on climate change. Climate change has happened, is happening, and will continue to happen, and the severity of ev…
![reduce co2](https://climateinstitute.bmo.com/media/filer_public/03/a5/03a58ea7-cd4b-4455-baae-53bc8bdcca2e/istock-1299953733_0_233_2121_1185.jpeg)
“Working together, you can tap the lowest cost opportunities in any given place. And as you're pursuing net zero, you can tap into the oppo…