Name of Recipient: Federation of Canadian Municipalities' (FCM) Green Municipal Fund (GMF)

Start Date: Budget 2000

End Date: In perpetuity

Total Funding: $550M*

Description:

The Government of Canada endowed the Federation of Canadian Municipalities (FCM), a non-profit organization, with $550 million* to establish the Green Municipal Fund (GMF) to provide a long-term, sustainable financing for municipal governments and their partners. The GMF invests in plans, studies and projects that provide the best examples of municipal leadership in sustainable development and that can be replicated in other Canadian communities.

The intent of the GMF is to encourage investment in environmental municipal infrastructure. Specifically, the priorities of the fund are to have a positive impact on the health and the quality of life of Canadians by reducing greenhouse gas (GHG) emissions, improving local air, water and soil quality and promoting renewable energy by supporting environmental studies and projects within the municipal sector. Additional considerations include the potential for economic and/or social benefit.

Under the GMF agreement, the Government of Canada (represented by NRCan and Environment Canada) participates in governance of this revolving fund, along with representatives from the public and private sectors, including municipal officials and technical experts, through a Peer Review Committee and an advisory Council. The FCM Board of Directors approves projects based on the Council's recommendations.

*NRCan's share is $275M

Strategic Outcome(s): Canada is a world leader on environmental responsibility in the development and use of natural resources.

Summary of Results Achieved by the Recipient: As of March 31, 2009, the GMF had approved over $402 million for 735 plans, studies and projects with a total project value of $2.6 billion.

Program Activity: Clean Energy
($ millions)

Actual Spending 2006-07	Actual Spending 2007-08	Planned Spending 2008-09	Total Authorities 2008-09	Actual Spending 2008-09	Variance(s)
0.0	0.0	0.0	0.0	0.0	0.0

Comments on Variance(s):

Significant Evaluation findings by the recipient during the reporting year and future plan:

Significant Audit findings by the recipient during the reporting year and future plan:

URL to Recipient's Site: http://sustainablecommunities.fcm.ca

URL to Recipient's Annual Report: http://sustainablecommunities.fcm.ca/About_Us/Annual_Reports

Name of Recipient: Sustainable Development Technology Canada (SDTC)

Start Date: April 2002

End Date: June 2015

Total Funding: $550 million

Description: To stimulate the development and demonstration of Canadian technologies aimed at climate change, clean air, clean water and clean soil.

Strategic Outcome(s): Canada is a world leader on environmental responsibility in the development and use of natural resources

Summary of Results Achieved by the Recipient: (within departmental overall plans):

Since 2001, SDTC's mandate has been expanded twice, and the foundation now manages two separate funds. The original fund, called the Clean Tech Fund, received a total federal endowment of $550M to provide funding for the development and demonstration of technologies focussing on climate change, clean air, water and soil (of which at least $50 million will be directed at hydrogen technologies and $50 million at clean fossil fuel projects). In 2007, a new $500M NextGen Biofuels Fund was established to provide capital support for next-generation renewable fuel facilities, reported separately.

NRCan is not responsible for reporting specifically on SDTC progress and results. However, as the designated minister under the SDTC Act, the Minister of NRCan tables the SDTC annual report in Parliament. This report is available at the SDTC website at http://www.sdtc.ca/en/index.htm. The following is a general summary of SDTC accomplishments. Further details will be available once the 2008 Annual Report is published.

To date, the SD Tech Fund has allocated $376 M in funds towards 154 projects. The fund has dispersed $126 M and to date 24 have been completed. The Latest information on projects is available from the 2008 Annual Report that can be found on its website per the link below.

Program Activity: Clean Energy**
($ millions)

Actual Spending 2006-07	Actual Spending 2007-08	Planned Spending 2008-09	Total Authorities 2008-09	Actual Spending 2008-09	Variance(s)
0.0	0.0	0.0	0.0	0.0	0.0

Comments on Variance(s):

Significant Evaluation findings by the recipient during the reporting year and future plan:

Significant Audit findings by the recipient during the reporting year and future plan:

URL to Recipient's Site: http://www.sdtc.ca/en/index.htm

URL to Recipient's Annual Report: http://www.sdtc.ca/en/news/annual_reports.htm

** NRCan share only

Name of Recipient: Sustainable Development Technology Canada (SDTC) for the NextGen Biofuels Fund™

Start Date: April 1, 2007

End Date: Agreement ends Sept 30, 2027; last disbursement of funds to SDTC by March 31, 2015

Total Funding: $500M ***

Description:

SDTC is managing the NextGen Biofuels Fund™, which will support up to 40% of eligible project costs to a maximum of $200M per project for the establishment of first-of-kind, large-scale demonstration next-generation renewable fuel production facilities to encourage the future sustainability and success of renewable fuels. Next-generation renewable fuels are derived from non-traditional renewable feedstocks, such as forest biomass, fast-growing grasses, and agricultural residues, and are produced with non-conventional conversion technologies.

Since next-generation technologies are capital equipment intensive, they constitute a greater debt financing risk. The support provided by the NextGen Biofuels Fund™ will encourage the retention and growth of technology expertise and innovation capacity for next-generation renewable fuels production in Canada.

Of the $500M in total funding, $200M is statutory and the remaining $300M is appropriated funding.

*** The funding is equally divided between NRCan and Environment Canada.

Strategic Outcome(s): Canada is a world leader on environmental responsibility in the development and use of natural resources.

Summary of Results Achieved by the Recipient:

SDTC Corporate Plans for each year released in October of preceding year. Executive summaries are posted on the website below.

To date, SDTC has received one formal Application for Funding (AFF) under the NextGen Biofuels Fund (NGBF). At this time SDTC is tracking approximately 100 companies as potential applicants both from Canada and abroad. Of these, four have expressed a strong interest in submitting an application in 2009.

The NextGen Biofuels Fund adopted a Project Assurance Process based on best practices used by multi-national companies. From end to end, there are seven phases and five decision gates. The NGBF also assembled a roster of biofuels Experts to assist with the in-depth due diligence exercises required to assess applications for funding. A Project Review Committee was also created in order to support the review of applications for funding. The SDTC Board of Directors approved the NextGen Biofuels Fund Evaluation Framework.

Program Activity: Clean Energy – Statutory
($ millions)

Actual Spending 2006-07	Actual Spending 2007-08	Planned Spending 2008-09	Total Authorities 2008-09	Actual Spending 2008-09	Variance(s)
0.0	1.6	0.0	19.0	19.0	0.0

Program Activity: Clean Energy – Appropriation
($ millions)

Actual Spending 2006-07	Actual Spending 2007-08	Planned Spending 2008-09	Total Authorities 2008-09	Actual Spending 2008-09	Variance(s)
0.0	0.0	12.5	12.5	12.5	0.0

Comments on Variance(s):

Significant Evaluation findings by the recipient during the reporting year and future plan: Three interim evaluations will be performed by an independent 3^rd party (Nov 30, 2012, Nov 30, 2017 and Nov 30, 2022); a final evaluation by Sept 30, 2027. Canada may choose to evaluate the Foundation at any time over the life of the agreement to determine whether it is fulfilling its objectives.

Significant Audit findings by the recipient during the reporting year and future plan: The agreement with SDTC requires the Foundation to hire an auditor to audit the accounts and financial statements and appoint an Audit Committee to oversee the financial management of the Foundation. It also stipulates that Canada or the Auditor General may undertake a compliance audit at any time over the life of the Fund.

URL to Recipient's Site: http://www.sdtc.ca

URL to Recipient's Annual Report: http://www.sdtc.ca/en/news/annual_reports.htm