CARBON MANAGEMENT

Advancing break-through innovation for a carbon-negative future

Scaling British Columbia’s carbon avoidance and carbon removal solutions

To keep the rise in global temperature below 2°C above pre-industrial levels, an additional reduction of 0.96 billion tonnes of carbon dioxide per year needs to be achieved by 2030. This will involve a range of frontier technologies and strategies aimed at off-setting, avoiding, reducing or removing CO₂ from the atmosphere.

CICE funding for carbon management projects

British Columbia offers a diverse range of carbon management solutions at various stages of development and implementation. Made-in-BC technologies eligible for non-dilutive CICE funding include:

  • Nature-based solutions that rely on natural processes to capture and sequester carbon, including photosynthesis, reforestation, soil carbon sequestration and wetland management
  • Technology-based engineered solutions such as industrial point-source carbon capture and storage and direct air capture and storage
  • Hybrid solutions that integrate natural systems with engineered elements or energy, including mineralization, ocean alkalinity enhancement, seaweed cultivation, biomass carbon removal and storage and biochar
  • Utilization and transport solutions that process CO₂ emissions into useful products, such as synthetic fuel production
  • Measurement, monitoring and verification (MMV) solutions for carbon
$78M
TOTAL PROJECT FUNDING
$15M
INVESTMENT BY CICE
511,539
T/YR POTENTIAL GHG ABATEMENT

(As of November 29, 2024)

Investing in carbon management innovation

CICE invests in promising B.C. clean energy companies that show great potential to scale globally. If your carbon management technology is past the research and development stage, we would love to connect and explore potential funding opportunities. Learn more about our calls for innovation.

CICE funded carbon management projects

Essential background reads

CICE funding calls are shaped by in-depth intelligence gathering and industry consultation. In addition to producing our own reports, here are some notable background reads that have helped assess the market readiness of current technologies and identify unmet industry needs.

PICS Survive and Thrive Report

PICS Survive and Thrive Report

Advancing Indigenous Protected and Conserved Areas (IPCAs) through Carbon Financing

Advancing Indigenous Protected and Conserved Areas (IPCAs) through Carbon Financing

The State of Carbon Dioxide Removal

The State of Carbon Dioxide Removal

Ocean carbon dioxide removal: The need and the opportunity

Ocean carbon dioxide removal: The need and the opportunity