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Vietnamese German University Advisor: Dr. Gulelat Kebede Students: Dao Phuc Quynh Doan Ngoc Anh Vu Nguyen Dinh Khoa Ho Chi Minh City 08 July, 2011

Green economy in the City of Toronto

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Green economy in the city of Toronto, Canada.

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Vietnamese German University

Advisor:

Dr. Gulelat Kebede

Students:

Dao Phuc Quynh

Doan Ngoc Anh Vu

Nguyen Dinh Khoa

Ho Chi Minh City

08 July, 2011

2

• INTRODUCTION

– Selection city (why?)

– Overviews

• WHAT

– Practice

– Indicators

• WHY (DRIVERS)

• WHO (ACTORS)

• HOW

– Instruments

– Process

• CONCLUSION

– Lesson

– Comments.

OUTLINE

3

OVERVIEWS

• Capital of Ontario and the largest

city in Canada, the 5th largest city

in North America with 2.6 million

residents.

• Alpha world city - Globalization

and World Cities (GaWC)

• one of the top financial centers in

the world

• The most diversified economy of

any city-region in North America.

• Comprises 11% of Canada’s GDP.

• 60% of the population of the USA is

within a 90-minute flight.

TORONTO - Is the good practice city on GE ?

http://www.toronto.ca/invest-in-toronto/tor_overview.htm

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OVERVIEWS

• 75% of Canada’s foreign banks, and 65% of the country’s

pension fund companies

• more than 15,000 medical/ biotech researchers, two top-ranked

MBA schools as well as excellent programs in engineering,

computer sciences and multi-media.

• city’s central business district and provides flights to over 300

destinations in 54 countries through 64 carriers.

• More than 2,400 subway vehicles, buses and streetcars make it

easy for more than 1.4 million business riders to travel throughout

the city daily http://www.toronto.ca/invest-in-toronto/tor_overview.htm

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Practical indicator

ENERGY

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GREENING ECONOMY

Estimated GDP, city of Toronto, 1987 - 2009

(source: Toronto’s Vital Signs® 2010,Full Report)

Practical indicator

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• Between 1999 and 2009, 50% of the 729 people killed in traffic collisions were pedestrians and 3% were cyclists. (City of Toronto, 2010a)

TRANSPORTATION

(source: City of Toronto cycling case study)

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• Green economic activity: ( 3 tenets of sustainability)

- Improve healthy environments

- Vital economies

- Social equity

• Economic activities that use systems of production, consumption,

and distribution of wastes

• Green economic activity also refers to the green business sector

which produces products or services which are less harmful to the

environment and includes community economic development

WHY GREEN ECONOMY?

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Toronto has all of the necessary components to promote and

benefit from the competitive advantages of green economic

activity

- City staff work in cooperation with politicians and with

community groups

- The City has a high population density by North American

standards, which provides opportunities for mixed land uses

- The City is very multicultural

WHY GREEN ECONOMY?

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o Energy security

o Environment and

human health

o Reduction of land

demand

o Competitiveness and

attractiveness

BENEFITS OF THE GED: TRANSPORTATION

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o Economic development

o Import substitution

o Improved productivity

o Local energy security

o Reduced local and global

greenhouse gas and

reductions in other sources of

pollution

BENEFITS OF THE GED: ENERGY EFFICIENCY

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o New jobs, businesses and industries that are community - based

o New opportunities for the socially disadvantaged because green

CED is labor intensive and relies on a range of skill levels, including

so-called unskilled labor

o An increase in local services which can reduce vehicle trips

o 'Brownfield' redevelopment

o Reduced social isolation and increased opportunities for building

social and community cohesion.

BENEFITS OF THE CED: GREEN BUSINESSES

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o Enhanced competitiveness

o Strong Economic Growth

o Improved Local environment

o Increased prosperity

o Better quality of life for Torontonians

BENEFITS OF THE GED:

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• Toronto’s Green Economic Sector Development Vision:

“To become a globally recognized green industry hub that generates social, environmental, and economic value to the City, local industry and its residences while stimulating the continued growth and sustainability of established businesses.”

GED VISION

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Toronto’s

Critical

Strengths

University &

College

Network Existing

Environmental

Industry

Sector

Proximity

To North

American

Markets

Business support & financial services

Toronto’s

Ongoing

leadership

Global

Reputation &

Business

Linkages

Quality of Life

CRITICAL STRENGTHS FOR SUCCESSFUL GED

Existing Business Base: This strength demonstrates

the strength of demand for green products and

services.

University and College Network: training &

providing hubs of experts and researchers in

various fields.

Global Reputation and Presence: The strong

reputation & recognition that Toronto has

globally is a critical strength in developing a

Green Industry sector

Quality of Life: Toronto offers an outstanding

quality of life compared to other large

comparable cities.

Business Support and Financial Services

Given the reputation as a financial hub

Proximity to US market: easy access to the

largest potential market for green technologies

and services in the US.

Toronto’s Ongoing Leadership: has continuedwith a strong commitment

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Implement various demand side policy initiatives:

• Reduced property taxes for green buildings, tax breaks or

rebates for incorporating green technologies

• Small and medium sized business loans for retrofitting costs;

• Supply-side policy initiatives such as low interest loans to

qualified green businesses, enhanced profile for green

businesses.

• Green procurement standards, Introduce an energy

performance certification scheme for buildings that are

constructed, rented or sold;

INSTRUMENTS

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• Ontario’s Standing Offer program: The federal government has also recently re-launched a number of funding schemes to encourage the development of alternative generation.

• Concern over Toxics: Policies and regulations around health and the environment is also a driver for the green market. Concerns over pollutants and toxics have allowed for an increasing demand for organic and green products that individual consumers can choose over traditional sources.

• Emissions Trading regulations: Other regulations such as the potential for emissions trading in Canada and the United States allows for an additional business case to be made for businesses looking to reduce their environmental footprint.

INSTRUMENTS

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PROCESS

The scope and nature of these

strategies directions can be grouped

into six gears as illustrated

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ACTORS

ACTORS RESPONSIBILITIES

Mu

nic

ipa

l

The mayor and Toronto City Council Performance

The Environment Office Performance

The Energy Efficiency Office (EEO) -'honest broker‘ - providing independent information for demand

& supply side options

- Facilitator bringing all parties together

- Gathering databases of specialized expertise

- Technical support , training & developing the market

infrastructure to deliver EE services

Planning Department, City of Toronto Performance

The Economic Development Culture and Tourism

Division (EDCT)

support the growth and recognition of Toronto’s environment

and renewable energy industry sector, promote environmental

best practices among employers

Priv

at

e

Companies, entrepreneurs… Invest

Citizens Consultant, participate.

NG

Os

Sustainable Technology Development (SDTC)

Provide business and financial support to new and growing

technology businessesOntario Centres of Excellence (OCE)

Toronto Atmospheric Fund

Aca

de

mic

University of Toronto -Training

-develop specialized skills

-Develop training programs to improve contractor’s abilities to

successfully install environmental products in homes and

businesses;

York University

Trades schools

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• Leadership and long–term commitment: Political leadership from

the Mayor and active business engagement.

• Focus on main objectives: clearly defined vision of achievements

in terms of the specifics and the wider outcomes;

• Business orientation: Recognizing the different needs of different

types of business;

• Strong coordination and partnership: Multi-stakeholder

collaboration (businesses, industry and professional associations,

academic institutions and governments) is condition to increase

the competitiveness and profile of the industry;

• Harnessing volunteering: Volunteering programs have delivered

successful longer-term economic, social and environmental

benefits;

• Leading by example: sets an excellent example for the

demonstration and adoption of green technologies.

CRITICAL FACTORS

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• Toronto has shown a commitment and desire to become one of the world’s greenest cities and has outlined a number of these green goals and commitments in the Environmental plan and Climate Change strategies.

• A coordinated commitment and action plan is put in place and resources and all working towards a common goal.

• Toronto has differentiated itself from other great cities by embracing GED and putting into action the strategies and plans.

• Green economy will be come exciting opportunities for new business as well as opportunities for existing businesses to reinvent themselves.

• LESSON

Comprehensive initiatives, policies

Wide intervention, every sectors.

Highly co-operate: Public, private, NGOs, Academic, citizen.

Well managed.

CONCLUSION

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The end.