Deadline: May 22, 2025
Applications are open for the Scotiabank Climate Action Research Fund 2025. In 2021, Scotiabank established the Climate Action Research Fund (CARF) to grant approximately $1 million annually, over a period of 10 years, to organizations that are conducting research and exploring climate related initiatives.
Scotiabank established the Climate Action Research Fund in support of the transition to a lower carbon economy by:
- Stimulating research, dialogue and understanding of the shift to a lower-carbon economy.
- Identifying initiatives that require investment to accelerate adoption or scale of application.
- Strengthening relationships between academic and non-profit research institutions and the corporate sector through collaboration and knowledge sharing.
- Continuing to evolve the Bank’s climate objectives and strategy to support the transition to a lower-carbon economy.
Research Themes
Through this initiative, they seek research submissions that have the potential to support the transition to a lower-carbon economy. Successful submissions may focus on, but are not limited to, one or more of the following themes below:
- On a national economy (e.g., Mexico) or substantive sub-national economy (e.g., Province of Quebec) basis, across industrial economic sectors.
- On an individual industrial or economic sector basis (e.g., mining, cement, steel, built environment), across systems, processes, materials, etc.
- Identification and quantification of novel carbon sinks (sources of carbon sequestration) and specific mechanisms for carbon removal.
- Emerging and innovative financing mechanisms to support acceleration of decarbonization efforts.
- Public policy and/or regulatory changes required to enable or facilitate more rapid decarbonization.
- Areas of innovation that need to be better understood or funded to accelerate decarbonization pathways. This includes improvements to greenhouse gas emissions-related measurements, data aggregation, and dissemination, especially in sectors with limited data availability and regional variability (such as agriculture and residential mortgages).
- Levers for increasing consumer, municipal, or industrial demand for drastically lower / zero carbon
Funding
- Scotiabank will award grants from a minimum of CAD $25,000 up to a maximum of CAD $100,000 through this 2025 Call for Submissions.
Eligibility
- To be eligible for funding through the Scotiabank Climate Action Research Fund, partner organizations must be a registered charity or registered non-profit organization in their jurisdiction.
Evaluation Criteria
Submissions will be evaluated based on the following criteria:
- The research being conducted is novel, filling a gap in knowledge or understanding.
- The knowledge to be developed and disseminated is demonstrably beneficial to sectoral, national, or global decarbonization efforts and/or a financial institution’s ability to support those efforts.
- The applicant has relevant research experience and climate change expertise as well as organizational staff resources to guide the development of the project.
- The project has clearly articulated deliverables, timeline, and budget.
Application
Submissions must be fully completed and submitted for review. The deadline for submissions is Thursday, May 22, 2025, at 11:59pm ET.
For more information, visit Scotiabank Climate Action Research Fund.
