Allies for accelerating and expanding Canada’s wind, solar and energy storage capacity
A broad network of allies has rallied around the need to dramatically increase Canada’s use of wind energy, solar energy, and energy storage. We thank all these organizations for sharing their perspectives on CanREA’s 2050 Vision.
“National Bank of Canada supports CanREA’s 2050 Vision and is keen to play an active role in Canada’s net-zero objective. Just recently, we announced our pledge to join the Net-Zero Banking Alliance as part of a global initiative to accelerate efforts to address climate change. We continue our long history of partnering with our clients, financing Canadian renewable energy projects and supporting innovative solutions that will drive the significant growth in sustainable energy that Canada needs.”
—Iain Watson, Managing Director, National Bank Financial
“As the world’s leading insurance broker and risk advisor, Marsh has seen the growing impacts of climate change. Accelerated investment in wind, solar and energy storage assets will assist Canada in meeting aggressive NetZero targets and future energy demands. Marsh is supporting this transition by investing in specialist capabilities that provide insights and support to clients on their sustainability journey.”
—Sarah Robson, President & CEO, Marsh Canada Limited
“Place is central to community. Land is the essence of culture. People are the power of abundance. These truths are groundings of an unequivocal and unencumbered embrace by Indigenous communities and peoples for a clean energy future, now! For resilient and reliable wind, hydro, solar and bioenergy are our best hope for meeting this century’s energy demands affordably while also tackling climate change. The community of Indigenous Clean Energy (ICE) will continue to advance and advocate for deep and mutually supportive relationships between Indigenous Peoples and partners to be clean energy change agents. For this is an essential expression of our truths.”
—Terri Lynn Morrison and Chris Henderson, Indigenous Clean Energy (ICE)
“Bell’s strategic approach to managing climate change issues includes achieving carbon neutral operations starting in 2025, and reducing our absolute GHG emissions by 2030 in line with a 1.5°C emissions scenario in collaboration with the Science Based Targets initiative. Accelerating the adoption of decarbonized electricity production and storage, including wind and solar generation, is integral to Bell efficiently achieving our climate change goals.”
—Marc Duchesne, Vice President, Corporate Security & Responsibility, Bell
“As Canada accelerates the development of zero carbon buildings and retrofits, more electricity generation and energy storage are going to be needed. Canada is a leader in clean energy, but needs to do more to bring renewable sources of electricity like solar and wind online quickly to keep the pace and ensure a zero-carbon electricity grid that can support the decarbonization of the building stock.”
—Thomas Mueller, CEO, Canada Green Building Council
“Put simply, clean electricity will power Canada’s transition to a net-zero economy. It will power our vehicles, our homes, our businesses. It’s the spine that holds together the world’s biggest action plan. There are many reasons why Canada needs to grow its supply of renewables and energy storage, from meeting our climate targets to growing our economic competitiveness. We also know it will create jobs across Canada, including for Indigenous nations and rural communities. And if that wasn’t enough, it’s how we finally escape the pain of global fossil fuel price shocks.”
—Merran Smith, Executive Director, Clean Energy Canada
“While there are many uncertainties involved in the energy transition, we have absolute clarity on the need to significantly increase and accelerate the deployment of renewable energy and energy storage in Canada. In addition to the emissions reduction benefit, QUEST sees the integration of renewable energy and storage opportunities as a pathway to sustained and sustainable local economic prosperity and enhanced local energy resilience. Renewables and energy storage implementation enable local action on a global problem.”
—Tonja Leach, Executive Director, QUEST
“The financial industry is critical to tackling climate change and achieving a net-zero carbon world. As a leading provider of risk protection for climate solutions, Swiss Re applauds the efforts of CanREA to accelerate production and adoption of renewable energy. We share your commitment by insuring projects such as offshore wind farms to guarantee their financial viability for the long-term. Together, the public and private sectors can advance the energy transition and make the world more resilient.”
—Adrian Hall, CEO Canada, Swiss Re
“Electric Mobility and Renewable Energy: a great combination! Transportation accounts for 25% of Canada’s GHG emissions and a significant part of its air pollution. Knowing that the impact of air pollution has been estimated at $120 billion and 15,300 deaths a year by Health Canada in 2021, the best way to significantly reduce our GHG and air pollution emissions is to combine electric mobility with renewable energy like wind and solar, among others. Not only will this great combination help save billions of dollars while creating hundreds of thousands of quality sustainable jobs, but it will also save thousands of Canadian lives. And that’s priceless.”
—Daniel Breton, President and CEO, Electric Mobility Canada
“Canada must decarbonize its electricity sector by 2035 and increase electrification in order to help keep global temperature rise within 1.5C and enable a net-zero economy by 2050. The Pembina Institute supports the rapid deployment of clean energy solutions including renewables, storage, demand response, efficiency, and transmission in a manner that takes advantage of their low costs and reliability services, and enables equitable transition for impacted communities. These measures can help attract jobs, investments and businesses with sustainability goals to Canada.”
—Linda Coady, Executive Director, Pembina Institute