Scotiabank Climate Action Research Fund 2025: Up to CAD $100,000 in Grants for Climate-Focused Innovation

Scotiabank has announced the 2025 call for submissions for its Climate Action Research Fund (CARF), continuing its commitment to support the transition to a low-carbon economy. Established in 2021, the fund will award grants ranging from CAD $25,000 to CAD $100,000 to support innovative research focused on climate action.

Deadline

May 22, 2025 at 11:59 p.m. ET

Objectives

The Climate Action Research Fund supports initiatives that:

• Stimulate research, dialogue, and understanding of the shift to a lower-carbon economy.
  
• Identify initiatives requiring investment to accelerate adoption or scale.
  
• Strengthen relationships between academic/non-profit institutions and the corporate sector.
  
• Support the evolution of Scotiabank’s climate objectives and strategies.
  

Research Themes

Submissions must focus on one or more of the following research themes:

• Pathways to Decarbonization:

  • National or sub-national approaches (e.g., Mexico, Quebec).
    
  • Sector-specific solutions (e.g., mining, steel, cement, built environment).

• Carbon Sinks and Removal:

  • Identification and quantification of carbon sinks (e.g., carbon sequestration).
    
  • Mechanisms for carbon removal and storage.

• Innovative Financing Mechanisms:

  • Support for emerging financial tools and models that accelerate decarbonization.

• Policy and Regulatory Changes:

  • Recommendations to create or improve policies that enable rapid decarbonization.

• Underfunded Innovation Areas:

  • Improvements in GHG measurement, data aggregation, and dissemination.
    
  • Solutions for hard-to-measure sectors (e.g., agriculture, housing).

• Demand Levers:

  • Strategies to increase municipal, industrial, or consumer demand for low-carbon solutions.
    

Funding

Scotiabank will provide grants from CAD $25,000 to $100,000 for selected projects.

Eligibility

To qualify, applicants must be:

• A registered charity or
  
• A registered non-profit organization in their jurisdiction.
  

Evaluation Criteria

Submissions will be reviewed based on:

• Novelty and relevance of the research.
  
• Demonstrated benefit to sectoral, national, or global decarbonization goals.
  
• Applicant’s expertise in climate and research.
  
• Clarity of project deliverables, timeline, and budget.
  

Application Process

All submissions must be completed and submitted by May 22, 2025, at 11:59 p.m. ET.

Click here to apply and learn more.

About Scotiabank

Scotiabank is a leading bank in the Americas. Through the Climate Action Research Fund and other climate initiatives, the bank has pledged $25 million in community investments supporting sustainability and the transition to a net-zero future by 2030.

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