Thanks, Kaili.
As committee members know, clean technology and innovation make up a pillar of the pan-Canadian framework. Investing in clean technology innovation amplifies carbon pricing signals, enables smarter regulations and drives improved performance from technologies supported by deployment programs. In short, innovation redefines what's possible and lowers the cost of adoption for Canadian businesses and households.
To drive emerging technologies from the lab to the market, NRCan is investing across the energy and natural resource sectors. Budget 2017 funded seven program streams focused in whole or in part on clean technology innovation. This includes the energy innovation program, which is funding research, development and small-scale demonstrations, both those conducted by federal labs and research centres as well as external organizations. Currently we're supporting a wide range of projects, including renewables, smart grids, energy efficient buildings, vehicles, and carbon capture, use and storage.
In addition, four of NRCan's five green infrastructure programs include a demonstration component that funds innovative clean energy technologies to support mitigation efforts. This includes the smart grid demonstration program, the clean energy for rural and remote communities program, the electric vehicle infrastructure demonstration program and the energy efficient buildings program.
Budget 2017 also established the clean growth program, which is providing $155 million over four years for industry-led projects across the natural resources sector in partnership with provinces and territories. This program will better support small and medium-sized enterprises by allowing them to leverage the expertise and resources of the federal laboratories. We believe that by coordinating these investments we're maximizing the impact, further accelerating technological innovation and increasing the odds of success for these projects.
Overall through these programs, we're parallelling efforts internationally through Mission Innovation, a coalition of 22 countries as well as the European Union, which is dedicated to accelerating breakthroughs in clean energy technology.
Why do we do all of this? Because investments in innovation drive both environmental performance and economic competitiveness.
In short, the emissions reductions are driven by demonstration projects that validate new technologies. The additional reductions occur as projects are replicated and commercialized in Canada and around the world. These projects generate significant economic benefits. For example, the Conference Board of Canada found that $1.6 billion invested by Natural Resources Canada in energy technology leveraged $4.3 billion of investment from partners, increased household—