About TEAM
TEAM supports late-stage development projects and first-time demonstration projects designed to reduce GHG emissions nationally and internationally, at the same time sustaining economic and social development. The TEAM program follows a unique approach that is built on incremental financing and extensive networking, and brings together industry, community, and international partners to encourage additional investment.
Funding for TEAM Phases 1 and 2 has been provided by the Climate Change Action Fund. Funding for TEAM Phase 3 will come under the Technology and Innovation component announced in the federal budget for 2003.
Partners
TEAM operates under the leadership of Natural Resources Canada, Environment Canada, and Industry Canada, with the participation of several other federal government departments and agencies in providing TEAM delivery programs. Projects that are eligible for TEAM support must be approved under one of these programs.
Partners include large and small companies in Canada and around the world, provincial and municipal agencies, and foreign government organizations. As of March 2004, TEAM has supported 98 projects in 64 Canadian cities (representing 10 provinces and 2 territories). Internationally, TEAM-supported projects can be found in 14 countries.
Investment
TEAM investments are aligned with the federal government's Climate Change Technology and Innovation initiative. As a result, TEAM provides support in five major priority areas:
- Cleaner fossil fuels
- Energy-efficiency technology
- Biotechnology
- Hydrogen economy
- Decentralized energy production
To receive TEAM support, a project must result in, or lead directly to GHG reductions, removals, or both. As a result, TEAM determines the suitability of projects using a detailed set of key eligibility criteria. Project proponents must commit to validating the technology performance and GHG benefits of their projects. Proponents with suitable projects that are willing to make this commitment should review the TEAM application process for obtaining support.
Contact the TEAM Operations Office for further information or assistance.
