Emissions Reduction Alberta (ERA) is committing $50 million through its new Circular Economy Challenge to accelerate the province’s transition towards a low-emissions economy. The investment from the Government of Alberta is focused on advancing innovations that will reduce the impacts of material production, processing, and disposal, and support economic diversification.
Funding is sourced from the Government of Alberta’s Technology Innovation and Emissions Reduction (TIER) fund. ERA launched the Circular Economy Challenge at GLOBE Forum on Wednesday, March 30, 2022
Circular Economy solutions can contribute to widespread environmental, economic, and social benefits by reducing the impacts of material production, processing, and disposal and supporting economic diversification into lower-emissions products. Funding can accelerate the transition to a circular economy and keep valuable materials out of landfills while driving investment in our province, bolstering economic activity, creating jobs, and reducing emissions.
Successful applicants are eligible for up to $10 million with a minimum request of $500,000. ERA will match private contributions to a single project for up to 50 per cent of the project’s eligible expenses. The application deadline is Thursday, May 26, 2022, at 5 p.m. (MST). Late submissions will not be accepted. ERA’s Steve MacDonald, CEO, Mark Summers, Chief Strategy Officer, and Justin Wheler, Executive Director of Technology and Innovation, hosted an informational webinar on Thursday, April 14, 2022, at 9 a.m. (MST).
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