The TEAM program ends March 31st, 2008 and is replaced by the ecoENERGY Technology Initiative.
TEAM supports projects that demonstrate technologies that mitigate greenhouse gas (GHG) emissions nationally and internationally, and that sustain economic and social development.
TEAM may contribute up to 75% of the total amount of federal government funding contributions to the project – the delivery programs would provide additional financing and management resources.
TEAM projects come from many sources, including:
Before a project is funded, it must demonstrate its eligibility by meeting strict, measurable criteria. If a project meets these eligibility criteria, it undergoes a rigorous TEAM screening process.
Each TEAM project must result in, or lead directly to, GHG reductions, removals, or both.
The merits of each project are examined in relation to the overall picture of GHG mitigation. For example, a project by itself may only result in a very low level of GHG mitigation. However, the same project, implemented many times in different locations, would add up to significant GHG mitigation.
In addition, a project that results in a very low level of GHG mitigation may also be a key enabling technology – without its success, other technologies that would lead to significant levels of GHG mitigation would not be possible. For example, without hydrogen storage tanks for vehicles, hydrogen-powered cars would not be possible.
2008-03-31
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:
New Brunswick Contact(s):
See National Contact.