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Others(Climate mitigation measures)

Emissions Reduction Fund : The Government of Canada is providing CA$750 Million to the Emissions Reduction Fund (ERF), which will achieve important progress in reducing emissions in Canada’s oil and gas sector, with a focus on methane. The ERF will provide primarily repayable contributions to oil and gas firms to support their investments to reduce greenhouse gas emissions. Of this amount, CA$75 million will be allocated to the offshore sector via the ERF Offshore Program.

Fonds de réduction des émissions : Le gouvernment du Canada fournira 750 millions de dollars au Fonds de réduction des émissions (FRE), qui permettra de réaliser d’importants progrès en matière de réduction des émissions dans le secteur pétrolier et gazier, particulièrement le méthane. Le FRE offre principalement des contributions remboursables aux sociétés pétrolières et gazières admissibles afin de soutenir leurs investissements visant à réduire les émissions de gaz à effet de serre. De ce montant, 75 millions de dollars seront réservés au secteur extracôtière via le programme FRE offshore.

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