Today at the Carbon Removal Canada's "Procuring with Purpose: Canada's Opportunity to Shape the Carbon Removal Market" report launch event, the Honourable Anita Anand, President of the Treasury Board and Minister of Transport, announced the Government of Canada's commitment to purchase carbon dioxide removal (CDR) services as part of the Greening Government Strategy. The federal government will purchase at least $10 million in carbon removal services between now and 2030 to help reach its goal of net-zero emissions in Government operations by 2050.
The Greening Government Strategy commits the federal government to reducing its operational emissions to as close to zero as possible and then balance out any remaining emissions with an equivalent amount of carbon dioxide removal. To redouble these efforts, Minister Anand also announced the Government's intention to work with public and private leaders to advance the development and responsible deployment of carbon dioxide removal solutions in Canada.
This investment will enable the Government to lower its emissions, while supporting the development of these critical technologies and markets so they are available when we need them the most.
With climate change being one of the greatest global challenges of our time, the Government of Canada is leading by example by reducing greenhouse gas emissions and fostering a low-carbon, climate-resilient and clean-growth economy.
