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:


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  • 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:

      • Detailing of potential pathways for decarbonization:

        • 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.
      1. Identification and quantification of novel carbon sinks (sources of carbon sequestration) and specific mechanisms for carbon removal.
      2. Emerging and innovative financing mechanisms to support acceleration of decarbonization efforts.
      3. Public policy and/or regulatory changes required to enable or facilitate more rapid decarbonization.
      4. 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).
      5. Levers for increasing consumer, municipal, or industrial demand for drastically lower / zero carbon

      Funding

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      • 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.

      Click here to apply


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      For more information, visit Scotiabank Climate Action Research Fund.

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