Local improvement charges (LICs), sometimes called property-assessed clean energy (PACE), are emerging as an innovative financing tool for Canadian municipalities. What must cities know about using PACE/LIC to unlock long-term sustainable climate financing? This knowledge-exchange convened by CUSP explores opportunities and challenges of PACE/LIC in the Canadian experience.
Part 1: Overview
Overview of efficiency financing opportunities for Canadian municipalities with a special focus on PACE programs in Canada
Part 2: Toronto’s Home Energy Loan Program
A closer look at a Canadian municipality’s experience with PACE financing: Toronto’s Home Energy Loan Program, including broad lessons for other municipalities.