Mr. Chair, obviously we work with partners and in collaboration with those partners, our government has made substantial investments in clean technology and industry. For example, $590 million in funding has gone toward Sustainable Development Technology Canada, which has leveraged a $1.6-billion investment. That is a ratio of $3 of investment for every $1 that has been contributed by taxpayers.
Economic action plan 2013 allocates $325 million over eight years in funding for SDTC and that signals our continuing commitment to energy and environmental innovation. The new funding means that the government's total investment in the SDTC tech fund is $950 million to date. Eco-energy innovation is investing $268 million over five years for clean energy demonstration and research and development projects. This will include investments in smart grid and renewable energy in carbon capture and storage in energy-efficient buildings and environmental aspects of oil sands.
The eco-energy for biofuels program will make a total investment of over $1 billion by 2017 to encourage the expansion of the domestic biofuels industry. Everyone can see that we are doing much to encourage the decrease in emissions from development through clean tech funds and new technology.