Scotiabank Accepting Net-Zero Research Grant Submissions

Audrey Tugwell Henry, President & CEO, Scotia Group pulls an old suitcase from the water at the Sigarny Beach on Kingston Harbour. On April 27, Tugwell Henry and scores of volunteers from the Bank worked to remove plastic and other waste from the mangrove forest area at the beach located near the Scotiabank headquarters. (Photo contributed)

Scotiabank says it is now accepting grant submissions for its Net-Zero Research Fund.

The fund supports the efforts of registered charities and non-profit organisations leading decarbonization initiatives in countries across the bank’s geographic footprint.

The bank says organisations developing innovative research and opportunities to decarbonize key sectors and support the shift to a low-carbon economy have until May 28, 2024, to make submissions.

The 2024 grants will range from $25,000 to $100,000 Canadian per entity.

President and CEO of the Scotia Group Jamaica, Audrey Tugwell Henry, says the Bank is keen on making an impact in environmental preservation for future generations.

Mrs. Tugwell Henry is encouraging local stakeholders to take advantage of the funding available and advance their research to address the serious issue of climate change.

Since 2021, Scotiabank’s Net-Zero Research Fund has distributed $3 million Canadian to more than 30 registered charities and non-profit organisations conducting climate and decarbonisation research.