Greenhouse Gas Reduction Fund Program
The Newfoundland and Labrador Greenhouse Gas Reduction Fund (GGRF) is established in the Management of Greenhouse Gas Act (the Act; sections 6 to 9). GGRF revenues accrue from the purchase of fund credits by regulated industrial facilities pursuant to the Act (sections 5 and 5.1), and by revenues received from enforcement activities pursuant to the Act and its regulations. The GGRF is an application-based funding program designed to support projects that result in verifiable greenhouse gas (GHG) reductions in the industrial sector in the province. The industrial sector includes electricity generation, mining and quarrying, oil and gas, and manufacturing.
Offered by Department of Environment and Climate Change
Amount
No fixed amount
Quick eligibility check
Who can apply
Applicants must: be organizations in the province that fall under codes 21, 22, and 31-33 under the North American Industry Classification System (NAICS including:
a. Electricity generation;
b. Mining and quarrying;
c. Oil and gas extraction; and
d. Manufacturing.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Green Transition Fund Program | Grant | Non-repayable funding of $75,000 minimum to $3 million maximum (Indigenous/Rural projects: no minimum project size) | Open |
| Isolated Systems Business Efficiency Program | Grant, Rebate | The lesser of an incentive based on first-year energy savings, at a rate of $0.4/kWh, or 80% of eligible project costs | Open |