Ontario is challenging local and international companies to develop the next generation of transformative clean technologies to help fight climate change.
On behalf of the Ministry of Research, Innovation and Science and the Ministry of Environment and Climate Change, Ontario Centres of Excellence today launched the Solutions 2030 Challenge at the Toronto Sustainability Summit.
“Challenging local innovators and inviting the best from around the globe to tackle greenhouse gas emissions is good for job growth and for our province’s economy,” said Reza Moridi, Ontario Minister of Research, Innovation and Science. “Most importantly, this initiative will improve the air we breathe and the water we drink for generations to come.”
Ontario’s Solutions 2030 Challenge is part of OCE’s TargetGHG Program, which is a three-stream program supported by the Government of Ontario with $74 million in funding from its Green Investment Fund. TargetGHG, launched in October 2016 at a partnering forum of solutions providers and large industrial emitters, is designed to help Ontario industry address two key issues:
- The need to support the adoption of innovative technologies for emitters to meet upcoming greenhouse gas (GHG) reduction targets
- The need for solutions that will help industry meet more aggressive future GHG targets
“Through Ontario’s Solutions 2030 Challenge, we will reach out to the global cleantech innovation ecosystem with the goal of bringing some of its brightest thinkers to Ontario to solve challenges related to climate change,” says Dr. Tom Corr, CEO of OCE. “This challenge will be instrumental in developing breakthrough technologies that can reduce greenhouse gas emissions in partnership with Ontario’s large industrial emitters.”
The Solutions 2030 global challenge supports companies in developing breakthrough technologies that will help Ontario’s industrial plants reduce their greenhouse gas emissions, meet the targets set in Ontario’s Climate Change Action Plan, and increase innovation and entrepreneurship in the province while supporting job growth and strengthening the economy.
Eligible teams can apply through the Solutions 2030 online application portal until September 22, 2017. Selected teams will be awarded funding to take their transformative idea through prototype and demonstration stages in Ontario. International applicants are expected to establish a significant presence in the province and help Ontario meet its greenhouse gas targets beyond 2030.
For more information, please visit the Solutions 2030 website.