$40M fund to boost projects that reduce GHGs
Funding will focus on the use of biological organisms such as plants, animals or microbes that reduce emissions or enhance carbon capture
SHERWOOD PARK, Alta—The Climate Change and Emissions Management Corp. (CCEMC) has $40 million available to fund projects that reduce or avoid greenhouse gas emissions, or enhance carbon sequestration, through the use of biological organisms such as plants, animals or microbes.
The maximum contribution to any single project is $10 million.
According to CCEMC’s website, the scope of this EOI includes projects that:
• Discover, develop and/or deploy transformative practice change in the forestry, agriculture, municipal waste handling and/or energy sectors,
• Develop or modify bio-processes,
• Replace non-bio-based feedstocks with bio-based feedstocks,
• Develop and manufacture novel bio-products,
• Use biological organisms or bio-based materials to reduce emissions in non-biological industrial systems.
The use of biological organisms to manufacture bioethanol or biodiesel transportation fuels is not included in this scope.
The deadline for applications is February 21, 2014.