GreenON Industries is a new program funded by the Green Ontario Fund, a non-profit provincial agency mandated to help reduce greenhouse gas (GHG) pollution from buildings and the production of goods. GreenON Industries provides matching funding for projects that will lead to greenhouse gas pollution reductions in buildings and the production of goods in large emitters and other industrial, commercial and institutional facilities.
The program is application-based and will have two streams:
GreenON Industries builds on the success of TargetGHG, an industry-focused greenhouse gas pollution reduction program launched in February 2016 as one of several investments that support Ontario’s Climate Change Action Plan.
Projects will help Ontario meet its year 2020 and 2030 greenhouse gas pollution reduction targets of 15 and 37 per cent, respectively, below 1990 levels as identified in Ontario’s Climate Change Action Plan. Technologies deployed under the program should be commercially proven and ready for quick deployment to meet these targets.
Deploying leading-edge technologies at industrial facilities will help Ontario industry remain globally competitive and builds the capacity and expertise of Ontario-based technology and service-provider companies.