Investments and financing provided by the Climate Innovation Fund focus on three key areas:

Building Better & Retrofitting Wiser: The development of high performance buildings in new construction and deep energy retrofits of existing building stock 

Moving on Mobility: Facilitating the shift to active transportation as well as low-carbon or low-emissions vehicles

Decarbonization & Renewable Energy: Decarbonizing fuel sources and materials, new technologies for urban scale emissions reductions, machine learning and AI for energy management systems, and renewable energy

We invest a minimum of $100,000 directly in companies and projects involved with the buildings, transportation, and utility sectors that match our following requirements to a maximum of $1,000,000.

We’re investing in the transition to a low carbon economy.

We invest in organizations that have proven technologies (independently verified) at innovation Canada Technology Readiness level 8/9 with compelling business models or field-tested strategies.

We invest in organizations with products or services that qualify as: 

Energy decarbonization of the use of fossil fuels

Deploy technologies or physical infrastructure that encourage changes in behaviour and practices as well as the adoption of fossil fuel efficient solutions.

Quantifiable environmental and community benefits.

Reduce financial, regulatory, and social barriers that limit the adoption of low-carbon solutions.

We invest in organizations that reduce urban GHG emissions, and support Calgary and Edmonton in meeting their climate goals of net-zero by 2050 in alignment with the Low Carbon Cities Canada mandate, and that align with one or both of the following statements:

Target a minimum of a 250,000 tonnes of reduction (scope 1-3) over 20 years within the total addressable market.

Target a minimum emissions reduction/avoidance of 25% (scope 1-3) below an established business as usual that can be directly attributable at the project level forecasted over a 7 year period.

Commercial traction and the potential to scale and increase market penetration.

The potential to secure local matching funds and co-investments from other sources in the future.

Impact Investing

We’re investing in the transition to a low carbon economy.

Are we a match?

Proven technology

Clean tech and low carbon products

Change behaviours and systems

Reduce urban emissions

Potential to scale

Financing Structures

About the Climate Innovation Fund