Contribution: Funding for Canadian Climate Institute to develop a sustainable finance taxonomy
Canadian Climate Institute
$4,395,530.00
Made-in-Canada Sustainable Investment Guidelines Contribution Agreement
FY 2025-26 · 2025-12-12
Summary
The Recipient will establish a robust and independent governance structure to oversee the development of science-based taxonomy criteria and undertake stakeholder engagement. This includes convening advisory groups and working groups, and establishing a new independent Taxonomy Council to review and ultimately approve investment guidelines.
Department
Program
Funding for Canadian Climate Institute to develop a sustainable finance taxonomy
Recipient
Location
Bobcaygeon, Ontario, Canada
Recipient Type
Not-for-profit organization or charity
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2028-03-21
Agreement Number
060-2025-2026-Q3-0029
Agreement Start Date
2025-12-12
Agreement Title
Made-in-Canada Sustainable Investment Guidelines Contribution Agreement
Agreement Title (French)
Accord de contribution relatif aux lignes directrices sur l'investissement durable au Canada
Agreement Type
Contribution
Agreement Value
$4,395,530.00
Amendment Number
0
Description
The Recipient will establish a robust and independent governance structure to oversee the development of science-based taxonomy criteria and undertake stakeholder engagement. This includes convening advisory groups and working groups, and establishing a new independent Taxonomy Council to review and ultimately approve investment guidelines.
Description (French)
Le bénéficiaire mettra en place une structure de gouvernance solide et indépendante chargée de superviser l'élaboration de critères taxonomiques fondés sur des données scientifiques et d'assurer la participation des parties prenantes. Cela comprend la convocation de groupes consultatifs et de groupes de travail, ainsi que la création d'un nouveau conseil taxonomique indépendant chargé d'examiner et, en dernier ressort, d'approuver les lignes directrices en matière d'investissement.
Expected Results
The Recipient, as defined in the agreement, will develop and implement taxonomy criteria for three priority sectors of the Canadian economy by the end of 2026 to establish the taxonomy, and complete three additional priority sectors by fall 2027. Additionally, the recipient will provide Finance Canada with a recommendation for an arm's length body to maintain the taxonomy following the expiry of the contribution agreement.
Expected Results (French)
Le bénéficiaire, tel que défini dans l'accord, élaborera et mettra en œuvre des critères de taxonomie pour trois secteurs prioritaires de l'économie canadienne d'ici la fin de 2026 afin d'établir la taxonomie, et achèvera trois autres secteurs prioritaires d'ici l'automne 2027. De plus, le bénéficiaire fournira à Finances Canada une recommandation concernant un organisme indépendant chargé de maintenir la taxonomie après l'expiration de l'accord de contribution.
Organization Code
fin
Organization
Department of Finance Canada | Ministère des Finances Canada
Program Name
Funding for Canadian Climate Institute to develop a sustainable finance taxonomy
Program Name (French)
Financement pour l’Institut Climatique du Canada afin d’appuyer l’élaboration de la taxonomie
Program Purpose
The objective of the contribution agreement is to fund the development and implementation of made-in-Canada sustainable investment guidelines (also known as a taxonomy).
Program Purpose (French)
L'objectif de l'accord de contribution est de financer l'élaboration et la mise en œuvre de lignes directrices en matière d'investissement durable élaborées au Canada (également appelées « taxonomie »).
Recipient City
Bobcaygeon
Recipient Country
CA
Recipient Legal Name
Canadian Climate Institute
Recipient Operating Name
Canadian Climate Institute
Recipient Postal Code
K0M 1A0
Recipient Province or Territory
ON
Recipient Type
N
Reference Number
060-2025-2026-Q3-0029
