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Australia
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
Sources
Links used by the AI to gather information about this grant.
- www.nrf.gov.au/what-we-do/investment-sub-funds/net-zero-fund ↗
- www.nrf.gov.au/ ↗
- www.nrf.gov.au/what-we-do/investment-guidance/guidelines-solely-or-mainly-austra… ↗
- www.nrf.gov.au/who-we-are/our-executive ↗
- www.nrf.gov.au/contact-us ↗
- www.nrf.gov.au/contact-us/your-proposal ↗
- pattens.com/grants/net-zero-fund-national-reconstruction-fund-corporation-nrfc/ ↗
- www.nrf.gov.au/what-we-do/investment-guidance ↗
