The Newfoundland and Labrador Emissions Reduction Fund (NLERF) was created by econext to support the research, development, and deployment of emissions reductions technologies. The NLERF is composed of two programs which together are driving clean technology innovation and deployment in Newfoundland and Labrador.
This fund is operated by Newfoundland and Labrador Emissions Reductions – a registered charity (BN:853376531RR0001) approved by the Canada Revenue Agency on January 2026. Day-to-day operations of the fund are supported by econext.
Donations made to this fund are invested to advance education by conducting and/or funding research related to challenges associated with, and possible solutions to, reducing greenhouse gas emissions in Newfoundland and Labrador.
The objective of this fund is to de-risk and accelerate Newfoundland and Labrador’s pursuit of net zero greenhouse gas emissions by the year 2050.
Corporations, foundations, governments, and individuals can contribute to Newfoundland and Labrador Emissions Reductions. Donors to this fund are eligible to receive a tax receipt.
More information regarding Newfoundland and Labrador Emissions Reductions including its investments, financial statements, and more will be available as the organization operationalizes and builds its history.
Contact Information
Newfoundland and Labrador Emissions Reductions
235 Water Street, Suite 200
St. John’s, NL
A1C 1B6
On April 3, 2024 the Newfoundland and Labrador Emissions Reduction Fund (NLERF) was registered as an eligible compliance mechanism by Environment and Climate Change Canada (ECCC) under the Clean Fuels Regulations. Regulated primary fuel suppliers in Canada may choose to contribute up to 10% of their annual carbon intensity reduction requirements to emissions reduction funds like the NLERF.
Contributions made to this fund are invested into projects that reduce greenhouse gas emissions in Canada, advancing climate action while helping industry meet their regulatory requirements.
The NLERF is operated by econext.
econext is a not-for-profit association that has been working for over 30 years on behalf of its members across many sectors to support environmentally sustainable economic development in Newfoundland and Labrador.
With a membership of over 150 businesses, research institutions, governments, and organizations – econext has a mission to accelerate clean growth in Newfoundland and Labrador through a focus in three areas of activity: innovation, workforce development, and net zero.
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