Low Carbon Economy Challenge was launched by the Honourable Catherine McKenna, Minister of Environment and Climate Change during the GLOBE Forum in Vancouver on the 14th of March 2018
The Low Carbon Economy Challenge is a major new federal funding program that will provide more than $500 million for projects that will generate clean growth and reduce greenhouse gas emissions in support of the Pan-Canadian Framework on Clean Growth and Climate Change.
The Challenge is broken into two streams:
Champions stream: The $450 million Champions stream will provide funding to all eligible applicants (provinces and territories, municipalities, Indigenous communities and organizations, businesses and not-for-profit organizations.) The Champions stream is now open for applications, with a deadline of May 14, 2018.
Partnerships stream: The $50M Partnerships stream is limited to Indigenous communities and organizations, small and medium-sized businesses, not-for-profit organizations and small municipalities. This stream will help ensure a broad range of Canadians are able to participate in the Challenge. The Partnerships stream will be open for applications later in 2018.
There will be a two-step application process for each stream: 1) Submit an Expression of Interest (EOI) and 2) Submit a detailed Formal Proposal. Applicants will only be invited to submit a formal proposal if their project meets the eligibility criteria outlined in the Applicant Guide.
GHG Accounting Services would be happy to assist you in your application and enable you to demonstrate the GHG emissions reductions impact of your project. Please do not hesitate to contact us.