Thank you, Mr. Chair, and thank you to the vice-chairs and members of the committee for the opportunity to appear today.
My name is Stéphane Germain. I'm the CEO of GHGSat. I'm grateful for this opportunity to provide our thoughts for the committee's study of Canadian clean technologies being utilized in Canada and globally to reduce greenhouse gas emissions and reduce harms to the environment.
GHGSat is a Canadian small business headquartered in Montreal with offices in Ottawa and Calgary, and international offices in London, England, and Houston. We have a fleet of satellites and aircraft-based sensors that monitor greenhouse gas emissions across Canada and around the world. There are currently six satellites in space, the newest three of which were launched in May. Last year alone with just three satellites, GHGSat detected a total of 143 million tonnes of carbon dioxide equivalent, and supported the mitigation of 2.3 million tonnes of carbon dioxide equivalent, which had the same climate impact as taking half a million cars off the road for a year. By the end of next year when GHGSat will have 10 satellites in space, we expect to be supporting the mitigation of more than 50 million tonnes of emissions per year.
The Government of Canada's space-based observation strategy calls for using satellites to generate solutions for climate change mitigation and adaptation, and to measure key environmental and health indicators. This strategy also calls on the Government of Canada to explore new datasets by launching pilot programs for commercial data purchases and testing of pre-commercial offerings that can provide new insights into how our planet is changing.
Canada's commercial satellite remote sensing companies such as ours stand ready to support our national climate change obligations under the Global Methane Pledge and the Canadian Net-Zero Emissions Accountability Act. For this to happen, the Government of Canada must, in accordance with Canada's earth observation strategy, commit to ongoing bulk procurements of earth observation data and analytics from Canadian commercial satellite remote sensing companies as an anchor tenant.
This approach is common practice amongst Canada's international partners through initiatives such as NASA's commercial satellite data acquisition program and the Earthnet Programme of the European Space Agency. Under the European Space Agency's program, satellite data is provided from companies, including GHGSat, and provided free to researchers in earth science and climate change. GHGSat will soon also be evaluated under the NASA commercial satellite data acquisition program.
To summarize, I'll paraphrase the conclusion of Canada's earth observation strategy, which states that our future environmental security depends on our ability to understand and respond quickly to accelerating climate change. A whole-of-society approach is required in which Canada's clean technology companies complement government efforts, enabling cost-effective and novel capabilities for reducing greenhouse gas emissions that would otherwise not be possible with either private or public sector solutions alone.
That concludes my prepared remarks. Thank you very much.