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Low Carbon Economy Challenge | Government of Canada

February 8, 2024

Value

Applicants may request from $1 million up to $25 million in funding for eligible project expenditures.

Description

The Low Carbon Economy Challenge (the Challenge Fund) leverages Canadian ingenuity to reduce greenhouse gas (GHG) emissions and generate clean growth.

The Challenge Fund continues to support a wide range of Canadian recipients to implement projects that deploy proven, low-carbon technologies resulting in material GHG emissions reductions across sectors, focusing on its cost-effectiveness objective to maximize GHG emissions reductions.

Eligible Applicants

The Champions stream is open to a wide range of applicants, including:

  • provincial governments, bodies or boards
  • territorial governments, bodies or boards
  • regional/local/municipal governments
  • First Nations, Métis and Inuit government, communities or organizations
  • public sector bodies or boards
  • not-for-profit organizations
  • private sector for-profit small, medium and large businesses

Eligible Expenses

To be eligible, projects must result in reductions in GHG emissions in 2030 and align with Canada’s goals for net-zero emissions by 2050. These reductions must be:

  • sources of GHG emissions controlled by the applicant or project partner (direct) and/or 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

Projects must also meet other eligibility criteria, such as:

  • capacity to make use of commercially available technology
  • confirmation of project location
  • production of electricity or fuel must be primarily for own use, within the applicant’s or identified partner’s operations (except for projects located in rural or remote communities or for district energy or industrial combined heat-and-power)

Self-screening tool [coming soon]: complete this tool to understand how your project aligns with program eligibility and its competitiveness.

Deadline Date

The Challenge Fund 2023 intake closed for applications on February 8, 2024.

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Download Now! Five Grant Gotchas

There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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