Bank of Canada aims to use 100% clean electricity by 2022

Central bank has made a number of institutional changes to reduce its carbon footprint

Bank of Canada facade

A deputy governor from the Bank of Canada says the central bank will transition to 100% clean electricity by 2022.

Speaking with the Network for Greening the Financial System (NGFS), Paul Beaudry detailed parts of the central bank’s green roadmap.

The plan includes making the switch to clean electricity and “reducing buildings-related greenhouse gas emissions by 80% by 2030”. The central bank wants to achieve net zero emissions by 2050, in line with the government’s targets.

The Bank of

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