Please reach us at info@ifcfund.ca if you cannot find an answer to your question.
The Industrial Fuel Compliance Fund (IFCF), administered by NGIF Accelerator, is a registered Emissions Reduction Funding Program under Canada's Clean Fuel Regulations. It provides an opportunity for regulated fuel suppliers to reinvest their compliance contributions into Canadian clean fuel projects that deliver real, near-term results.
The IFCF operates two funding tracks to reduce the lifecycle of carbon intensity of fuels and help accelerate the deployment of clean technologies across the fuel sector: the Primary Supplier Reinvestment Track and the Competitive Innovation Track.
The funding available at any given time depends on the volume of compliance contributions directed into the IFCF by regulated fuel suppliers. Dollars received into the fund are put to work on projects that can demonstrate measurable emissions reductions within a defined delivery window.
The IFCF is looking for deployment-ready technology in the following focus areas serving regulated fuel suppliers and the industry. These areas include:
Category 1: Carbon Intensity Reduction Projects
Credits are generated by reducing the carbon intensity of fossil fuel production itself; examples include:
Category 2: Supplying Low-Carbon Fuels
Credits are generated by supplying fuels that are inherently lower-carbon, whether liquid or gaseous. Examples include:
Category 3: Supplying Low-Carbon Energy for Advanced Vehicles
Credits generated by delivering fuel/energy to alternative-fuel vehicle infrastructure. Examples include:
Eligibility depends on the track. The Competitive Innovation Track is open to technology developers, small and medium-sized enterprises, and startups with a technology readiness level between 7 and 9.
The Supplier Reinvestment Track is limited to regulated fuel suppliers who have directed compliance contributions to the IFCF. Funding under this track is not guaranteed; submissions go through an independent, rigorous, and transparent review and are assessed against eligibility criteria published in the IFCF Program Guidelines (the tracks are currently not open).
The IFCF is a market-centric initiative where regulated fuel suppliers pool their compliance funding and leverage their intelligence to field test innovation across Canada.
Innovators and technology developers who apply for the Competitive Innovation Track have an opportunity to receive direct feedback and support from potential customers to advance their innovative technology. Applications will undergo an industry and independent peer review process where committees comprising industry experts select, undertake due diligence, and advance emissions reduction projects that could benefit the industry.
A project must meet the criteria of a current funding opportunity as outlined in the IFCF Program Guidelines (the tracks are currently not open) in order to be eligible for financing. The scope, eligibility conditions, deadlines, and application procedures are all outlined in the Guidelines, which are available on the IFCF website.
Review any supporting guidance materials for the appropriate funding opportunity to see if your project qualifies. These describe the review criteria and due diligence procedure, and the Eligible Expenses and Cost Instructions give more information on what costs are eligible for reimbursement.
The IFCF's Supplier Reinvestment Track operates on a continuous intake basis for regulated fuel suppliers. The Competitive Innovation Track runs on an annual intake, with calls for proposals announced on the IFCF website; selected projects are announced following adjudication and committee approval.
Once approved, projects must begin within 120 days, be operational within three years, and demonstrate confirmed reductions in greenhouse gas emissions within five years.
The deadlines set forth by Canada's Clean Fuel Regulations must be met by all projects. Project selection criteria take into consideration each opportunity's risk profile as well as the possibility of reaching these deadlines. Projects that don't move forward or run the risk of missing their deadlines once funding is approved will be subject to corrective actions, including funding payback.
Funding is distributed in accordance with the achievement of milestones and the proof of progress. A project cannot obtain more funding if it fails to reach its pre-approved milestones, and whatever pledged dollars remain are reinvested in the fund. To ensure accurate and transparent reporting, emissions reduction results are measured using a standardized framework and independent validation and verification.
Each application is independently, rigorously, and transparently reviewed by a committee of independent technical experts.
The IFCF draws on NGIF Accelerator's established approach to project selection, refined over a decade of deploying emissions reduction projects across the industry. Submissions are assessed through a competitive review process that weighs both eligibility and merit-based criteria, ensuring that funded projects align with the fund's targeted outcomes and reflect an appropriate balance of risk against potential impact.
No, a primary (regulated) fuel supplier reinvesting compliance contributions through the IFCF does not need to build or host the emissions reduction project on its own facilities. The project can be located at a third-party site, provided it meets the eligibility criteria and the emissions reductions can be measured, attributed, and verified in line with the Clean Fuel Regulations. What matters is that the primary supplier funding the project can demonstrate a clear, verifiable link between its reinvestment and the resulting emissions reduction, not where the physical project sits.
Industrial Fuel Compliance Fund
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