GIDI contestable co-funding

You will need to submit a proposal for co-funding through the EECA website using the web-based RFP Response Form. We recommend you attend the Applicant Briefing Session to help you understand the RFP at 11am, Monday 21 November 2022. There will be the opportunity to ask questions. Details of this are on the EECA website. You can watch the recording of the Applicant Briefing Session after this date.

The GIDI Fund is open to all New Zealand-based and NZBN registered private sector businesses. Excluded are: State sector agencies eligible for State sector decarbonisation funding (you can find out more here) and local government organisations - Local and Regional Authorities; and Council Controlled Organisations (CCO’s).

You should only apply for the amount of Government public good co-funding necessary for your decarbonisation project to be approved for investment (i.e., this funding will assist you to overcome barriers preventing you from otherwise investing in decarbonisation at this time) and only up to a maximum of 50% of the eligible project costs. Also, keep in mind that the funding is contestable, and the amount of co-funding requested will affect how a proposal is assessed. The funding will only help meet the incremental cost of projects.

If you have a large project (greater than $10m) you may be required to agree to special conditions as part of your Funding Agreement with EECA or be asked to enter into a non-standard funding agreement through the EECA partnership programme for large emitters.

You can apply for co-funding if your proposal reduces or enables the reduction of energy use and/or carbon emissions of existing industrial processes, through energy efficiency, fuel switching (e.g., from coal to biomass or electricity) to a renewable energy supply or other decarbonisation approaches.

Projects that are ineligible for GIDI co-funding include:

• residential and commercial buildings and campuses
• transport initiatives including off-road vehicles and marine vessels
• waste minimisation
• electricity generation
• reducing agricultural emissions or embodied carbon (other than through the energy used to make a product)
• displacing one fossil fuel for another (e.g., coal to natural gas)
• greenfields developments (other than where an existing operation using non- renewable fuel types is relocated to a greenfield site which will then use renewable fuels – thus reducing existing emissions)
• research and development (technologies must be commercially proven and available).

For a full and complete list, refer to the RFP document. We welcome enquiries so if you require feedback on whether your project proposal would potentially fit with the Fund’s scope, please email EECA at GIDIFund@eeca.govt.nz

Yes, an applicant may submit more than one proposal into this round of GIDI co-funding. However, please note that each proposal must be specific to one site and one counterparty. It becomes too difficult to fully assess if multiple sites/applicants are grouped, as some projects may be eligible for co-funding and others might not, depending on individual project parameters.

Multiple projects combined at one site and with only one applicant will be acceptable provided the projects are combined with one total capital cost and one $/tonne abatement cost figure – hence they are all able to be approved or none.

Combining projects at one site is encouraged. Please contact EECA if you have a specific reason (e.g., size or complexity) not to combine projects at one site before submitting your application.

Details of successful projects from previous GIDI funding are available on the EECA website: Approved GIDI projects | EECA.