EECA co-funding drives deep industrial emissions cuts

Successful applicants for the second round of the GIDI Fund were announced by Minister for Energy and Resources Dr Megan Woods on September 30.

Twenty-three projects will receive government co-investment from Round Two of the $69m GIDI Fund. The recipients will receive $28.7 million and will match this with $54.5m of their own funding.

 

The impact of GIDI co-funding

  • 39 projects approved
  • $56.5m government funding
  • $85m applicant funding
  • 6.6m tonnes lifetime emissions savings

Latest round at a glance

  • 23 projects
  • $28.7m government funding
  • $54.5m applicant funding
  • 2.8m tonnes lifetime emissions savings