Net Zero Fund | GrantGunner
Net Zero Fund
open156 viewsAustralia

Net Zero Fund

The $5 billion Net Zero Fund is part of the Australian Government's National Reconstruction Fund, providing concessional finance (debt, equity, and guarantees) to support large industrial firms in decarbonising energy-intensive operations and scaling up domestic manufacturing of low-emissions technologies. The fund features a lower benchmark rate of return compared to the NRFC's General Fund to accommodate first-of-a-kind projects, early-stage proposals, and ventures with large upfront capital requirements.

Who can apply

Australian-based businesses requiring funding for decarbonisation or low-emissions manufacturing, including large industrial firms in hard-to-abate sectors and manufacturers scaling up renewable and clean energy technologies.

Perks & benefits

  • Lower benchmark rate of return (target: 5-year Australian Government bond rate minus 1%) compared to General Fund
  • Flexible financing types: debt, equity, and guarantees
  • Dedicated investment professional assigned to guide applicants through proposal process
  • Crowding in private capital support
  • Technical guidance on investment readiness and TRL development

Key contacts

Similar grants

Other open funding opportunities that may be a good fit.