Green Economy
Cross-cutting issues
In addition to its action priorities for 2021-2024, SWITCH will ensure strategic
monitoring of certain strategic cross-cutting issues:
01
Financing
Raise stakeholder awareness, including the various levels of government, granting bodies, financial institutions, corporations and angel investor networks, regarding the necessity of ensuring sufficient and adequate support for clean technology companies through equity, debt, grant and loan financing, according to terms and conditions that favour growth, at every stage of corporate development (from start-up to growth and exports). Convince these stakeholders of the importance of supporting a clean technology venture capital ecosystem in Québec and Canada, in order to offer companies access to smart money. The objective is to ensure there are no gaps in the financing chain, that there are enough players, and that the rounds and funds are enough to compete with foreign funds, maintain Canadian corporate ownership and build flagship companies in the ecosystem.
02
Ecotaxation
Québec must strengthen its expertise in ecotaxation, which would help accelerate the switch to a green economy by encouraging good practices, while linking technological innovation with entrepreneurship. However, this expertise is still largely lacking in Québec. This is why SWITCH is calling on the Government to set up a committee of experts mandated to produce an inventory, compiling all the existing ecotaxation measures in Québec, as well as an assessment of the appropriate measures to facilitate the achievement of environmental objectives and stimulate innovation.
03
Workforce
Ensure that the Gouvernement du Québec recognizes the impacts of a booming green economy on employment and training and that it mobilizes its relevant departments and bodies to prepare the labour market better for the transformations under way. Account for the impacts of the transition to a green economy on the workforce by mobilizing a range of stakeholders through a working group. Consider these aspects in the ongoing development of a National Workforce Strategy at the provincial level, particularly concerning the current thinking in relation to the skills and jobs of the future.
04
Public procurement and government
exemplarity
The low critical mass of the Québec and Canadian economy requires the use of public procurement to accelerate marketing and deployment of innovative clean technologies. The different levels of government, promoting restrictive public policies intended to drive the adoption of clean technologies and GHG reduction, must set the example, adapt their procurement practices and empower their public administration to use its procurement coherently and responsibly with the goal of contributing to meeting the targets set and developing a clean technology industry. For this purpose, a measurable, time-based and accountable approach must be put forward, that would include participation by the representatives of the clean technology field.