Canada is joining the international community in the fight against climate change through Mission Innovation: a commitment to double investments in clean energy innovation over five years, accelerating global clean energy innovation, ensuring clean energy technologies are widely affordable and driving economic growth.
23 Members : Australia, Brazil, Canada, Chile, China, Denmark, European Union, Finland, France, Germany, India, Indonesia, Italy, japan, Mexico, Netherlands, Norway, Republic of Korea, Saudi Arabia, Sweden, United Arab Emirates, United Kingdom, United States
Along with 22 other members, Canada has committed to supporting clean energy by:
Doubling federal clean energy investment in R&D over 5 years
Encouraging private investment in transformative clean energy technologies
Increasing domestic and international collaboration
Canada is playing a leadership role in Mission Innovation as a member of the Steering Committee. Canada is also co-leading work to identify the most critical areas for collaborative clean energy innovation, the Analysis and Joint Research Sub-group, under which seven Innovation Challenges are being advanced. Additionally, Canada is co-leading work to assist member countries in collaboratively engaging the private sector through the Business and Investor Engagement Sub-group.
Canada has already made significant progress on its Mission Innovation objectives. In 2015–16, Canada increased energy research, development and demonstration (RD&D) funding by 24% relative to the previous year. Investments announced in Budget 2017 will further increase energy RD&D funding, including:
- $400 million to develop and demonstrate new clean technologies;
- $229 million to continue clean energy and transportation R&D;
- $200 million to support research and adoption of clean tech in Canada’s natural resource sectors; and,
- $75 million for a new “challenge” to accelerate problem-solving efforts, such as helping rural and remote communities adopt more affordable clean energy technologies.
Through Mission Innovation, Canada is also supporting Innovation Challenges designed to accelerate global clean energy innovation. Examples include:
- Sustainable Biofuels Innovation Challenge: Canada is co-leading 16 countries to make progress toward affordable, advanced biofuels for transportation and industrial applications;
- Smart Grids Innovation Challenge: Encouraging research to advance the technology needed to bring cleaner, renewable energy onto a smarter electricity grid;
- Off-Grid Access to Electricity Innovation Challenge: Encouraging research and policy developments aimed at advancing clean energy solutions for rural and remote communities; and,
- Carbon Capture Innovation Challenge: Encouraging research in technologies to capture carbon, building on Canada’s leading carbon capture and storage expertise.
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, the member 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 30 influential investors from around the world who 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.
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