In this story
Introduction:
To accelerate Canada’s decarbonization efforts, ClimateDoor collaborated with the EU LCBA Program, focusing on fostering impactful partnerships between Canadian and European cleantech innovators. This program established a network that has driven substantial resource savings, waste reduction, and environmental sustainability, contributing to Canada’s low-carbon transition.
Goal/Opportunity:
To create impactful, cross-continental partnerships aimed at advancing low-carbon and circular economy initiatives, leveraging European cleantech solutions to meet Canada’s sustainability goals.
Challenge:
Addressing climate change requires innovative, scalable solutions. Canada’s agriculture, energy, and water sectors faced specific challenges in reducing emissions and waste, alongside the need for reliable cleantech solutions. ClimateDoor, in partnership with the EU LCBA, sought to overcome these challenges by fostering partnerships between Canadian stakeholders and European innovators equipped with the latest in sustainable technology.
Solution:
1. Strategic Partnerships: Facilitated 53 partnerships between Canadian and EU cleantech companies, connecting innovators with aligned interests in sectors such as agriculture, waste management, and energy.
2. Government Grant Support: Supported companies in securing funding through the Agricultural Clean Technology Program and other initiatives, helping to maximize the financial impact of each partnership.
3. Resource Optimization: Developed sustainability metrics to track waste reduction, energy efficiency, and water conservation across all pilot projects.
Execution and Metrics:
• Total Partnerships Created: 53 significant partnerships
• Deals Signed: 17, generating commercial traction
• Environmental Impact:
• Waste Avoided: 1 million tons
• Energy Saved: 574 MWh
• Water Saved: 58,000 m³
Results:
• CO2 Emissions Reduction: 112,000 tons of CO2e emissions avoided, equivalent to taking thousands of cars off the road
• Economic Impact: Accelerated commercial viability of cleantech solutions, generating substantial revenue potential across 17 signed deals
• Sustainability Advancement: Improved resource efficiency across pilot sites, reducing waste and enhancing energy and water conservation
Conclusion:
ClimateDoor’s partnership initiative through the EU LCBA Program has set a powerful precedent for international cleantech collaboration. By facilitating 53 partnerships and achieving remarkable reductions in emissions, waste, and resource use, ClimateDoor and the EU LCBA are actively advancing Canada’s low-carbon transition. With three more years to expand this initiative, the potential for further impact on Canada’s environmental sustainability and cleantech market is immense.