EXPERT ALERT - Canada Hosts World Energy Congress: The State of Canada

Sustainable Development Technology Canada CEO, Vicky Sharpe, available to comment

MONTREAL, Sept. 13 /CNW/ - As the Canada hosts the World Energy Congress beginning Sunday in Montreal, the opportunities presented by clean technology will be high on the agenda. Dr. Vicky Sharpe, the President and CEO of Sustainable Development Technology Canada - Canada's leading funder of new clean technologies - will be onsite and available to comment on the advances and impacts of clean technology in Canada and beyond.

Clean technologies contribute to the economy both domestically and internationally, increasing productivity and competitiveness of industry while simultaneously reducing environmental impact. The global environment industry is worth $4 trillion and is forecast to grow by 45% over the next eight years, and Canada can position itself to be a provider of green technology solutions to the world.

• SDTC's network contains 5,600 private-sector companies (primarily SMEs) and other entities
• SDTC's cleantech projects portfolio has a value of $1.6B
• SDTC has 195 projects across every province of Canada
• SDTC and its partners invest 1.5 times all the private VC investment in cleantech in Canada
• 52% of total Canadian private VC clean technology development investments were made to SDTC supported companies
• Forecasted discounted GHG reduction of portfolio is 7-17Mt CO2e by 2015
• SDTC-supported companies are increasing the competitiveness of Canada's major economic sectors.

About Sustainable Development Technology Canada (SDTC):
SDTC is an arm's-length foundation which has received $1.05 billion from the Government of Canada as part of its commitment to create a healthy environment and a high quality of life for all Canadians. SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech Fund™ supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels Fund™ supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels.

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