Low Carbon Economy Fund
Receive up to $1M to $25M in Funding for Energy Savings.
The Low Carbon Economy Fund leverages Canadian ingenuity to reduce GHG emissions and generate clean growth. Projects within this program aim to reduce Canada’s greenhouse gas (GHG) emissions, generate clean growth, build resilient communities, and create good jobs for Canadians.
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Funding Amount
Applicants can request between $1M and $25M in funding for eligible project expenditures, with cost-share ranging from 25% to 75%, depending on the type of organization.
Eligible Applicants
Eligible applicants include: For-profit organizations; not-for-profit organizations; public sector boards; provinces or provincial entities; educational institutions; territorial governments; and Indigenous recipients.
800+
Annual Funding Applications Supported
Apply for This Funding Program
Give your application the best chance of approval. Ryan supports the writing of applications for more than 100 Canadian federal and provincial government grants, tax credits, and no-interest loan programs.
Amount of Funding
Applicants can request between $1M and $25M in funding for eligible project expenditures, with cost-share ranging from 25% to 75% as follows:
- 25% for for-profit private sector businesses;
- 50% for not-for-profit organizations;
- 50% for public sector body or board;
- 50% for provinces and provincial entities;
- 50% for research, academic and educational institutes;
- 50% for provincial governments/bodies/boards;
- 75% for territorial governments/ bodies/boards; and
- 75% for Indigenous recipients.
Eligible Applicants
Eligible applicants include:
- For-profit organizations;
- Not-for-profit organizations;
- Public sector boards;
- Provinces or provincial entities;
- Educational institutions;
- Territorial governments; and
- Indigenous recipients.
Eligible Activities
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:
- To sources of 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;
- Benefits must be directly and immediately realized;
- Technologies adopted must have a Technology Readiness Level (TRL) of 8 or above to receive implementation funding; and
- Production of electricity or fuel must be primarily for own use.
Funding applications will be assessed based on the following impacts:
- Annual tonnes of GHG emissions reduced by 2030 per federal dollar invested;
- Cumulative GHG emissions reduced over the lifetime (to 2050) of the impact per federal dollar invested;
- Project feasibility and risk; and
- Other co-benefits, such as contributions to Canada’s environmental, economic and social goals.
Program Deadline
The program deadline is February 8, 2024.
Averaging of
Time Saving
95%
throughout the application process
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Successfully applying for the right funding program at the right time, focusing on the right topics is no easy challenge. We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.
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