Announced at Carbon Removal Canada’s (CRC) Carbon Removal Day 2025 in Ottawa, a new $3-million funding call from the B.C. Centre for Innovation and Clean Energy (CICE) aims to bolster Vancouver’s position as a leader in carbon removal technology.
The initiative will support early-stage climate tech startups developing solutions that reduce greenhouse gas (GHG) emissions while driving economic growth and job creation.
“At CICE, we back bold ideas that turn the global carbon challenge into economic opportunity,” said Sarah Goodman, President & CEO of CICE. “As a nation of problem-solvers, Canada has the talent and the technology to take a leadership position in the growing global carbon removal industry.”
Vancouver’s Role in Carbon Removal Innovation
British Columbia—and particularly Vancouver—is emerging as a hub for carbon removal innovation, thanks to its thriving cleantech ecosystem, world-class research institutions, and industries like mining and forestry that can drive the commercialization of new CDR technologies.
The city is already home to pioneering companies like Arca, Carbon Engineering, and Svante, which are at the forefront of carbon capture and utilization technologies. The new funding from CICE aims to accelerate similar breakthroughs, reinforcing Vancouver’s reputation as a global leader in cleantech.
Who Can Apply?
The Call for Carbon Dioxide Removal Innovation is open to Canadian climate tech companies developing CDR solutions, with priority given to those in British Columbia. Eligible technologies include direct air capture and storage, mineralization, ocean alkalinity enhancement, and biomass carbon removal and storage.
Applications will be accepted until April 30, 2025, and interested innovators can join a Q&A webinar on March 11, 2025, at 10:00 am PT for more details.
Building a Low-Carbon Future
CICE has already invested $39 million into 59 projects worth over $195 million, helping local innovators scale their technologies and bring clean energy investments into B.C. and Canada. This latest call for proposals underscores the province’s commitment to advancing homegrown carbon removal solutions that support both the environment and the economy.
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