TORONTO, April 16,
2024 /CNW/ - Today, Scotiabank announced that it is
accepting grant submissions across its footprint for
the Net-Zero Research Fund. Organizations developing
innovative research and opportunities to decarbonize key sectors
and support the shift to a low-carbon economy have until May
28, 2024, to submit a submission for funding.
Since 2021, Scotiabank's Net-Zero Research Fund has
distributed CAD$3 million to more
than 30 registered charities and non-profit organizations
conducting climate and decarbonization research. In 2023 for
example, the University of Alberta
received a grant to develop a net-zero vision and find transition
pathways for Canada's steel
sector.
Other projects that have received grants from the fund
include:
- Expanding carbon sequestration
- Developing improvements to greenhouse gas emissions
measurements
- Identifying policy and regulatory changes to enable rapid
decarbonization
- Increasing demand for lower or zero-carbon technologies
Scotiabank's grants in 2024 will range from
CAD $25,000 to CAD $100,000. Organizations must be
registered charities and non-profit organizations to be eligible
for the Scotiabank Net-Zero Research Fund.
Visit Scotiabank's Climate Change Centre of Excellence for
information on past winners, submission eligibility and to
apply.
About Scotiabank
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clients' most trusted financial partner, to deliver sustainable,
profitable growth and maximize total shareholder return. Guided by
our purpose: "for every future," we help our clients, their
families and their communities achieve success through a broad
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commercial banking, wealth management and private banking,
corporate and investment banking, and capital markets. With assets
of approximately $1.4 trillion (as at
January 31, 2024), Scotiabank trades
on the Toronto Stock Exchange (TSX: BNS) and New York Stock
Exchange (NYSE: BNS). For more information, please visit
http://www.scotiabank.com and follow us on X @Scotiabank.
SOURCE Scotiabank