Powering the Regions Fund — Safeguard Transformation Stream Round 2
Supports trade-exposed Australian facilities covered by emissions policy to reduce industrial greenhouse gas emissions with approved mitigation investments.
The Powering the Regions Fund – Safeguard Transformation Stream Round 2 is an Australian Government grant program with approximately $321 million available through 31 March 2033, designed to assist trade-exposed industrial facilities covered by Australia's Safeguard Mechanism to reduce their scope 1 greenhouse gas emissions. Although policy is set by the Department of Climate Change, Energy, the E…
Funds trade-exposed Safeguard Mechanism facilities to reduce scope 1 emissions through capital projects and technology adoption, covering up to 50% of eligible costs.
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