The Greenbelt Foundation and Green Infrastructure Ontario have released a new report, Economic Impact Assessment of the Green Infrastructure Sector in Ontario, the first-ever assessment of the full scope of the green infrastructure sector.
Not only did the report aim to define the scope of the green infrastructure sector in Ontario and provide a comprehensive assessment of the sector’s economic impact, it also aimed to demonstrate the potential to stimulate economic growth in Ontario from increased investment in green infrastructure.
“The results clearly demonstrate the vibrancy of the sector, and the significant impact of green infrastructure on the provincial economy,” the preface of the report shares.
According to the report, in 2018 the Green Infrastructure sector was responsible for more than 120,000 jobs and nearly $8.33 billion in GDP — given its direct, indirect, and induced impacts.