This interactive dashboard has been developed to provide a comprehensive view of projects that received co-funding from the Government Investment in Decarbonising Industry (GIDI) Fund. The tool shows projects, organisations, carbon abatement, and investment.

Two bespoke GIDI: Partnership projects are not included in the dashboard. Information on these projects can be found below.

The GIDI Fund provided support for businesses to switch from fossil fuels to cleaner, more efficient energy sources across the industrial and commercial sectors. Co-funding applications were open between early 2021 and late 2023. While GIDI co-funding is no longer available, active contracts are still underway for projects that haven’t yet been completed. 

Click through the pages to explore the impact of GIDI funding and find out more about the projects.

GIDI Public Facing Dashboard

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All data in this dashboard is updated (as required) quarterly for accuracy. Emissions data is an estimate based on applicants’ submissions. Due to rounding the project abatement figures may not add up exactly to the consolidated abatement figure.  

Total impact from GIDI: Partnerships

The GIDI: Partnerships programme took a bespoke partnership approach with New Zealand’s largest emitters to explore the opportunity for reducing their reliance on fossil fuels.

  • 2 projects approved
  • $230m EECA co-investment
  • $860m private funding
  • 9.3m tonnes of CO2 lifetime abatements

Approved GIDI: Partnerships projects


New Zealand Steel

Total investment: $300M total capital and transition costs

GIDI co-funding: Up to $140M

Total earlier CO2e reductions: 7.2M tonnes by 2035 (EB3)

Annual CO2e reduction: Average reduction of 800,000 tonnes of CO2e per year

Project site: GIDI co-funding for NZ Steel applies to their Glenbrook site project

Project overview: An electric arc furnace (EAF) will be installed and replace approximately 50% of the coal fired steel making

Project timeline: The EAF should be operational by the beginning of 2027

 

Fonterra

Total investment: $790M currently estimated to 2030

GIDI co-funding: Up to $90M

Total earlier CO2e reductions: 2.1M tonnes by 2035 (EB3)

Annual CO2e reduction: Reduction of up to 330,000 tonnes of CO2e per year by 2030

Programme sites: GIDI co-funding targeted at multiple Fonterra coal-using processing sites across New Zealand

Programme overview: A mixture of biomass and electricity fuel switching and energy efficiency projects

Programme timeline: Projects will be commissioned from 2024 to 2030

Read more about GIDI projects

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