Ontario launches environmental challenge to stimulate innovation
Published: April 17, 2017
Updated: July 24, 2018
Author: Luke Jones
CATEGORY: Industry News
Ontario is ramping up its commitment to being environmentally friendly. The province has launched a global climate change challenge that aims to coax international and local companies to create the “next generation of transformative clean technologies” to help combat the phenomenon.
The provincial Ministry of Research, Innovation and Science announced the initiative in a press release last week. The Solutions 2030 Challenge urges organizations to innovate in the development of technology that can help Ontario reach its environment commitments as stated in the Climate Change Action Plan.
Under the plan, Ontario wants to cut greenhouse gas emissions and will invest in the challenge. The province has pledged a “$325 million down payment” from its Green Investment Fund to help towards the cap and trade policy.
“The challenge will position Ontario as a global leader in building a low-carbon future while supporting job growth and strengthening the economy,” the ministry said in the release.
Companies can apply for the challenge through the Solutions 2030 online application portal. Teams have until Sept. 22, 2017 to submit their application. Innovations and plans that are selected are given funding to help develop their ideas into working prototypes. Companies from outside Canada must establish a presence in the province and help Ontario meet its environmental commitments.
The release points out that Ontario is already leading the way in Canada in a bid to cut emissions. The province became the first to set a mid-term greenhouse gas pollution reduction target of 37% below 1990 levels by 2030.
“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, Minister of Research, Innovation and Science, in the release. “Most importantly, this initiative will improve the air we breathe and the water we drink for generations to come.”
Glen R. Murray, Minister of the Environment and Climate Change, added that “global competitions such as this one play a key role in developing clean technologies that will help Ontario businesses and industries reduce greenhouse gas emissions. Working together to develop innovative solutions will help us fight climate change while preparing industries to thrive in a competitive, low-carbon economy.”