The solution to the world's carbon challenge seems daunting; as the world grows, so does the demand for fossil fuels. The time for creative solutions is now. This Alberta initiative supports bold ideas from around the world that will make significant and verifiable GHG reductions. We're committing CAD$35 million in funding for the most innovative technologies that will convert CO2 emissions into new carbon-based products and markets.

Nations around the globe have been working to reduce greenhouse gas (GHG) emissions. One way to achieve this is through the development of new technologies. ERA is reaching out to the world for bold ideas that will make significant and verifiable GHG reductions by converting CO2 emissions into new carbon-based products and markets.

This CAD$35 million, multi-stage event reduces GHG emissions by supporting innovative technologies that convert carbon into useful products. ERA searched the world for the best solutions for Alberta to move carbon dioxide from a waste stream to an asset. In the first stage, ERA committed up to $12 million through 24 $500,000 grants. The four winners in the second stage each receive a commitment of up to $3 million development grant and are eligible to advance to the final round, for an additional $10 million in funding.