SDTC NextGen Biofuels Fund

Sustainable Development Technology Canada (SDTC) is a not-for-profit foundation that finances and supports the development and demonstration of clean technologies which provide solutions to issues of climate change, clean air, water quality and soil, and which deliver economic, environmental and health benefits to Canadians.SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech FundTM supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels FundTM supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels. The aim of the NextGen Biofuels FundTM is to help bridge this High CAPEX (Capital Expenditure) gap and remove the final elements of technology risk in bringing next-generation biofuels into the market. This outcome will enable larger volumes of next-generation biofuels to be produced, helping Canada achieve its current renewable fuel standard using environmentally superior technologies.

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ICE Committee