Vancouver is known as a place where the environment is top of mind, so it stands to reason the city is leading the way in making the world greener and cleaner. Vancouver has quickly become known as a major cleantech hub, with hundreds of cleantech companies boasting global and cross-sectoral expertise. Supportive government policies and programs promote innovation making clean technology a major pillar under Vancouver’s Green Economy umbrella.
- Vancouver is at the forefront of global innovation, especially in fuel cell solutions, power electronics, and waste/wastewater treatment technologies.
- Vancouver is home to world-leading companies, such as Westport Inovations (advanced natural gas engine-maker), General Fusion (nuclear fusion), Ballard Power Systems (hydrogen fuel cells) and Saltworks Technologies (waste water remediation).
- Many Vancouver-based cleantech companies are highly successful in export markets, taking advantage of Vancouver’s strategic location as a gateway to the US and Asia, including wastewater treatment specialist BioteQ Environmental Technologies, renewable biofuel leader Nexterra Systems Corp.
- Approximately 70 per cent of the more than 200 cleantech companies located in British Columbia (BC) are based in Metro Vancouver, employing more than 3,500 people. Metro Vancouver is also home to the world’s largest hydrogen and fuel cell industry, with a 16 per cent global market share.
Cleantech companies find real support in a city with a dedicated green agenda and an ambitious plan to be the world’s greenest city by 2020.
The Greenest City Action Plan (GCAP) includes commitments to sharply reduce greenhouse gas emissions, both from City operations and the community; generate 93 per cent of electricity from renewable resources; and implement the greenest building codes in North America.
British Columbia leads the way in Canada for “go green” incentives, for example North America’s first carbon tax (universally praised by everyone from The Economist to environmental groups), helping businesses put sustainability into action, with dedicated federal and provincial incentives that have helped contribute to growing this green ethos — so vital to the sector’s success.
The world regards Vancouver as a true pioneer and innovator in all things green. For those interested in harnessing the power of business to advance green thinking and effect environmental change, there’s no better place to be..