The $5 billion Net Zero Fund, announced as part of the Industry Sector Plan, is part of the Australian Government’s approach to driving decarbonisation, unlocking new manufacturing investment, and improving energy affordability in hard-to-abate sectors of the Australian economy.
The fund has been designed to:
- Support large industrial firms to decarbonise energy-intensive parts of their operations; and
- Support investment in the scale-up of domestic manufacturing of low emissions technologies.
The Net Zero Fund has a lower benchmark rate of return to enable the NRFC to invest in earlier-stage proposals, first-of-a-kind projects, or those with large upfront capital requirements and longer repayment periods compared to investments made under the NRFC’s General Fund.
To register interest and apply for the Net Zero Fund
The Net Zero Fund is now open for applications. Please fill out our webform to tell us about your business and/or project and how the Net Zero Fund might support you.
We will then arrange for one of our investment professionals to discuss your eligibility under the fund and assist you with lodging a proposal for investment.