Program Partners

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The Challenge

There is an urgent need for carbon-reduction technology solutions as Canadian companies set their sights on bold emissions reductions targets – specifically, net-zero emissions by 2050. Deployment of Carbon Capture, Utilization, and Storage (CCUS) has historically been slow  despite credible carbon models’ importance of these technologies in decarbonizing economies. Canadian CCUS companies require support to accelerate the scaling of their technologies, and improve their entrepreneurial business development capacity to secure pilots, strategic commercial partners and scale

Supporting Canada’s CCUS Opportunity

Supporting the CCUS sector in Canada will drive economic diversification and growth, while also decarbonizing industries. Carbon Management Canada (CMC) and Foresight Cleantech Accelerator Canada are partnering to develop carbonNEXT: an exciting sectoral ecosystem-based accelerator built to drive the development and adoption of Canadian carbon reduction technologies, and to attract international CCUS companies to establish operations in Canada.

Our Vision

A dynamic, problem-driven carbon emissions innovation partnership driving an ecosystem that accelerates the scale-up and adoption of Canada’s competitive carbon emission reduction technology companies to reduce emissions.

Build

a collaborative ecosystem that understands market needs and innovation gaps

Identify and scale

Canadian carbon technology ventures more rapidly

Drive Adoption

of Canadian carbon technologies by heavy emitters

Ensure

thought leadership with highly competitive carbon tech competencies

Position Canada

as a global leader in industrial carbon reduction technologies

Engage

with international CCUS companies and Canadian post-secondary to increase number of CCUS companies operating in Canada