Graphic of a wind turbine

$12.2 billion

in business facilitated in the cleantech sector, up 39% from 2022

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$397.5 million

in climate finance support to developing countries, as part of Canada’s commitment to the UN Framework Convention on Climate Change

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15.5%

of transaction underwent enhanced human rights risk screenings



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Facilitating cleantech growth

For more than a decade, we’ve helped Canadian cleantech companies of all sizes succeed globally. We saw increased demand for our programs in 2023.

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Wind turbine
Charging and electric vehicle

 

Sustainable Finance Framework

The EDC Sustainable Finance Framework, new in 2023, outlines our approach to classifying direct financing transactions as sustainable. 

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Climate action

We exceeded our interim climate target to reduce exposure to our six most carbon-intensive sectors by 45% from 2018 baseline levels by 2023.

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Canoe in a river with evergreens on either bank

 

Updating our policies

We updated our Human Rights Policy and Climate Change Policy in 2023 as part of our wider Environmental and Social Risk Management Policy Framework review.

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Engaging with stakeholders

We consult with our stakeholders regularly on ESG issues and listen to diverse perspectives across the trade ecosystem.

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Success stories

 
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Canadian cleantech companies recognized for innovation

From offering group bus transportation to reduce individual vehicle use (Bus.com), to developing new wastewater treatments (CarboNet) and solar panels with low embodied carbon (Silfab Solar), innovative Canadian companies are exporting cleantech solutions with our help. We also saluted two companies to watch: one restoring degraded lands (Viridis Terra) and another designing technology for EV charging at home (RVE). 

Jeff Keats, National Cleantech Lead - Ecosystems and Market Intel, EDC

People of EDC — Jeff Keats

As national lead for the cleantech team, Jeff is responsible for EDC’s partnership efforts to facilitate cleantech exports and help Canada build a sustainable economy. Read his takeaways from Cleantech Export Week


 

Date modified: 2024-05-22