Up to $25M Available for Projects Reducing GHG Emissions in Canada
In support of Canada’s clean growth and climate action plan, The Low Carbon Economy Fund (LCEF) is providing approximately $500M through the Low Carbon Economy Challenge (LCEF-LCEC). The goal of this program is to reduce greenhouse gas emissions and generate clean growth through Canadian ingenuity. This funding opportunity is separated into two streams: The Champion Stream, and the Partnership Stream. The Champion Stream is currently accepting Expressions of Interest.
To be considered eligible, a project must result in reductions in GHG emissions by 2030 and over the lifetime of the project. These reductions must be:
- To sources of emissions controlled by the applicant or project partner (direct) and/or to grid electricity emissions (acquired)
- Beyond what is required by existing regulations, standards, or codes and ongoing work by project proponents (incremental)
- Directly and immediately the result of activities funded by the program
The Champions stream is open to a wide range of applicants, including:
- Provincial, municipal, local governments
- First Nations, Métis and Inuit government, communities or organizations
- Not-for-profit organizations
- Private sector for-profit small, medium and large businesses
- Applicants can request between $1 million and $25 million in funding for eligible project expenditures, with cost-share ranging from 25% to 75% of total project costs depending on the recipient type
The deadline to submit Expressions of Interest is March 25, 2022.