Clean-tech companies laud climate initiatives as a boon for the ailing sector.

July 1, 2016 — The Globe and Mail Metro (Ontario Edition) — Alicja Siekierska

Canada’s clean-technology companies say new government initiatives focused on climate change, including the North American Climate, Clean Energy and Environment Partnership, are a positive step in the development and growth of the burgeoning sector.

One of the tenets of the new partnership, which was unveiled at the North American Leaders’ Summit in Ottawa Wednesday, focuses on reducing trade barriers and fostering investment of clean-tech projects across the continent. The partnership also sets a North America-wide goal of 50 per cent clean-energy electricity by 2025, up from the current rate of 37 per cent.