On November 14, 2016, Canada and the other 22 Mission Innovation partners launched seven Innovation Challenges at the 22nd Conference of the Parties to the United Nations Framework Convention on Climate Change (COP22), in Marrakech, Morocco. These Innovation Challenges are aimed at catalyzing our global research efforts in areas that could provide significant benefits in reducing greenhouse gas emissions, increasing energy security and creating new opportunities for clean economic growth.
On November 30, 2015, Prime Minister Trudeau announced Canada’s participation in Mission Innovation, a global initiative of countries, working together to accelerate clean energy innovation. As part of this initiative, countries agreed to double their national investments in clean energy innovation over five years, while encouraging greater levels of private-sector investment in transformative clean energy technologies.
This commitment includes working with the Breakthrough Energy Coalition, an independent and parallel initiative, which includes 28 influential investors from 10 countries that are committed to providing patient, early-stage capital to advance energy technology innovation.
Under Mission Innovation, Canada and its partners are taking action to push clean energy research, development and demonstration like never before, driving transformative clean energy solutions for the future. Mission Innovation member countries see this initiative as supportive of economic growth, energy access and security, and as an urgent and lasting global response to climate change. Mission Innovation supports Canada’s vision to fight climate change, develop clean energy, drive economic growth and create good jobs for Canadians.
Following up on a commitment made by Prime Minister Trudeau during the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP21), the Honourable Jim Carr, Canada’s Minister of Natural Resources, announced that Canada will seek to double its 2014-2015 funding of $387 million for clean energy and clean technology research and development to $775 million by 2020. Minister Carr made the announcement during the inaugural Mission Innovation Ministerial, in San Francisco, on June 2, 2016.
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