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Financing clean technologies within Canada's Indigenous communities: Perspectives on sustainable energy transition from practitioners and academics

Indigenous communities across Canada continue to maintain significant influence on the long-term trajectory of that nation's clean energy transition.

Whether it is merchant transmission lines in Ontario or new large-scale hydroelectric generation in British Columbia, communities are adopting their own financing approaches to support Indigenous financial inclusion.

Some of these strategies are long-running, while others demonstrate novelty.

All approaches aim to develop financial and energy sovereignty.

In this co-produced paper (jointly prepared by Indigenous and non-Indigenous practitioners and academics), we synthesise select locally-rooted structures already in use – including many leveraged through extended experiences in both the energy transition generally and the national or community-based Indigenous economic development & energy and infrastructure units specifically.

We then spotlight national clean technology financing-supportive organisations that can help with maintaining momentum and reaching scale.

To conclude, we offer distinct areas where Indigenous communities and non-Indigenous partners can continue to creatively collaborate at every stage of the energy finance lifecycle – from very early-stage innovation all the way through to later stage refinancing of maturing assets.

The Canada-centric case study presented here may present implications and insights for other countries or territories seeking to empower Indigenous voices in their own energy transition.

 

Authors: Joel Krupa, Frank Busch, Derek Gladwin, Naoko Ellis, Financing clean technologies within Canada's Indigenous communities: Perspectives on sustainable energy transition from practitioners and academics, Energy, Volume 322, 2025, 134930, ISSN 0360-5442, https://doi.org/10.1016/j.energy.2025.134930. (https://www.sciencedirect.com/science/article/pii/S0360544225005729)

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