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Natural Resources Canada: Deep Retrofit Accelerator Initiative

Deadline: 28-Apr-23

Natural Resources Canada has announced the applications for the Deep Retrofit Accelerator Initiative to support projects that facilitate the accelerated development of deep retrofit projects.

In March 2022, the Government of Canada released its 2030 Emissions Reduction Plan (ERP) – the first under the Canadian Net-Zero Emissions Accountability Act. This roadmap outlines a sector-by-sector path for Canada to reach its emissions reduction target of 40 to 45 percent below 2005 levels by 2030, and net-zero emissions by 2050.

In order to meet its climate targets, the Government of Canada must increase the depth and rate of building retrofits. Retrofits, especially deep retrofits, are complex projects with many moving parts – from project pre-development to financing and project implementation – and involve many players. This complexity generates barriers to the development of deep retrofit projects across Canada.

Purpose
Objectives

The Deep Retrofit Accelerator initiative (DRAI) is a program that provides contributions for projects that facilitate the accelerated development of deep retrofits in commercial, institutional or mid- or high-rise multi-unit residential buildings in Canada.

The objectives of the program are to:

Funding Information
Eligible Projects

This funding supports projects that meet each of these four elements:

Eligible Activities

Eligible activities funded include, but are not limited to:

Eligibility Criteria

For more information, visit Natural Resources Canada.

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