Climate change is an environmental threat. It's a very significant one, but it's also a huge economic opportunity with respect to the markets that are going to be created for technologies and for a range of services associated with reducing emissions.
I spent over 15 years as a CEO and senior executive in the clean-tech space, and certainly this is an issue that I find very important and that is definitely worth discussing.
Our government has tried to develop a very comprehensive plan for addressing and growing the clean-tech sector. We've invested over $3 billion since 2016 in that, and it's showing fruit. Canada had 12 out of the top 100 clean-tech companies in the world in 2020, and we were named by the Global Cleantech Innovation index as the number one country for innovation in the sector.
This is something that we need to do. It has to be a thoughtful strategy that goes all the way from research and development through to commercialization. We have been spending time on it and we will be spending more time on it.