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Emissions Reduction Alberta commits $33 million to 17 cleantech projects
Emissions Reduction Alberta (ERA), an organization that aims to help the province deliver on its environmental and economic goals, has committed $33 million to 17 cleantech projects as part of its Food, Farming, and Forestry Challenge.
ERA claims since launching, it has committed $646 million to 204 projects worth over $4.5 billion.
The challenge, launched in June 2020, was open to projects that support competitiveness and stimulate growth in the agriculture, agri-food, fibre, and forestry sectors. Combined with private sector investment, the total combined value of these projects is $107 million. The tech projects are expected to lead to a cumulative 2.7 million tonnes of CO2 emissions reductions by 2030.