Until July 2, Scotiabank’s Net Zero Research Fund is accepting applications from think tanks and academic institutions that are supporting key sectors in their efforts to decarbonise the economy.

Launched earlier this year, the CAD$1-million fund is an initiative that will advance research and leadership in support of global decarbonisation as part of the Bank’s Climate Commitments.

“We believe there needs to be deliberate, positive action by individuals, businesses and governments, to reduce our carbon footprint and address the pressing issue of climate change which affects all of us globally. Through the Net Zero Research Fund, Scotiabank is pleased to support the work of those whose research-based insights and leadership inform critical climate management programmes and initiatives across the region,” said Audrey Tugwell Henry, president and CEO, Scotia Group Jamaica.

Scotiabank grants will range from CAD$25,000 to CAD$100,000

Scotiabank’s Net Zero Research Fund was designed with the objectives of the Paris Agreement in mind, to stimulate research, dialogue and understanding of the shift to a net zero emission global economy.

By identifying pathways and initiatives that require investment to accelerate adoption or scale of application, the Fund will also strengthen relationships between academic and non-profit research institutes and the corporate sector through collaboration and knowledge sharing.

Scotiabank grants will range from CAD$25,000 to CAD$100,000. Any funds not granted through the initial application cycle will be awarded through a second call for proposals in 2022.

To be eligible for the Net Zero Research Fund, Scotiabank said partner organisations must be not-for-profit entities in their jurisdiction. 

For more information on eligibility and how to apply, please visit: https://www.scotiabank.com/ca/en/about/responsibility-impact/climate-commitments/climate-change-centre-of-excellence.html