Capitalizing on climate change solutions

Accelerating the adoption of new, environment-friendly technologies goes to the core of WD's objective to create a stronger, more diversified West and a better Canada.

A new three-year initiative in Calgary led by Climate Change Central (C3) EnviroTech Solutions will be a catalyst in bringing environmental industry participants together to leverage existing and new funding sources, and give a boost to the entrepreneurs and small firms who want to commercialize and market new environmental technologies.

On behalf of Minister Ambrose, Calgary-Centre MP Lee Richardson recently announced $2 million from WD towards a $6-million C3 project, noting that it is through ventures like C3's new Technology Solutions Hub that WD is helping to expand the western economy beyond its traditional dependence on natural resources.

"We are creating new ways to improve our environment while triggering economic growth in the region," he said.

Climate Change Central is a public-private-partnership mandated to reduce net greenhouse gas emissions while strengthening Alberta's economy and long-term competitiveness. Simon Knight, CEO of C3 EnviroTech Solutions, says that by providing the critical technology evaluation that can accelerate product development, the Technology Solutions Hub is a key element in commercializing green building and renewable energy technology.

"Through this project, we will help businesses access capital in the pilot and demonstration phases of product development," says Knight. "We will also help them access local, national and international markets that address Canada's environmental challenges, including those associated with Alberta's energy sector."

WD's investment supports the Government of Canada's commitment to invest in research, development and technology commercialization; support small- and medium-sized enterprises; and promote a diversified and expanded business sector.

For more information on C3 EnviroTech Solutions, visit: www.tech-hub.ca/index.html