Over the next five years, Can-Peat will quantify the potential of peatland management in Canada to contribute to climate change mitigation. The research supports Canada's commitment to reach net-zero emissions economy by 2050. Specific objectives are to: 

1. Create a Canada-wide peatland research network   

2. Compile a database on peatland carbon stocks, greenhouse gas exchange, and supporting data across Canada

3. Advance models of peatland carbon cycling from site to national scale and use these models to evaluate future peatland greenhouse gas uptake or emission under changing climate and disturbance regimes 

4. Investigate mechanisms to implement peatland nature-based solutions in Canada and develop a decision-support framework for peatland management 

5. Communicate findings to partners and provide the tools needed for climate-friendly peatland management and greenhouse gas emission reporting related to these activities. 

Can-Peat: Canada's peatlands as nature-based climate solutions is funded through the Government of Canada’s Environmental Damages Fund. Administered by Environment and Climate Change Canada, $15.8 million is being allocating to six University of Waterloo research projects to identify solutions to environmental challenges. Nationally the Climate Action Awareness Fund was part of a $58 million announcement by Minister Guilbeault for research projects that will advance science and technology to combat climate change.