New Funding Opportunities Under Climate Change Action Plan
The Government of Ontario recently announced two new funds under the Climate Change Action Plan.
The new Municipal GHG Challenge Fund is a program funded by the proceeds from Ontario’s carbon market that aims to support community-led action on climate change.
The competitive application-based program will fund up to 100% of the eligible costs for greenhouse gas emissions reduction projects proposed by municipalities.
Municipalities may request up to $10 million per project. The Ministry of the Environment and Climate Change will be hosting webinars on the Municipal GHG Challenge Fund in September.
More details and information on how to apply are available here.
The Low Carbon Innovation Fund is a fund to help researchers, entrepreneurs and companies create and commercialize new, globally competitive, low-carbon technologies that will help Ontario meet its GHG reductions targets.
The 2017–18 fund has two funding streams:
- The Technology Validation stream will fund proof of concept or prototype projects from eligible Ontario companies or academic organizations. Further details are expected to be announced in Fall 2017.
- The Technology Demonstration stream will give up to 50%, or a maximum of $2 million, to support the development and commercialization of innovative low carbon technologies in a real world demonstration project.
Information on eligible projects, deadlines and how to apply are available here.