Powering the Regions Fund — Safeguard Transformation Stream
Backs industrial decarbonization for trade-exposed facilities through matched support and process change.
The Powering the Regions Fund Safeguard Transformation Stream is a matched-grant pathway for trade-exposed facilities under Australia’s Safeguard Mechanism, with a total allocation of AUD $600 million. Round 1 opened on 7 August 2023. Eligible applicants are trade-exposed industrial operators in sectors including metals, critical minerals processing, chemicals, and cement production. The programme requires matched co-funding from the applicant side. The stream sits within the broader Powering the Regions Fund and is strongest for projects where emissions reduction is tied to a specific industrial asset and a credible decarbonisation delivery plan. It is a capital-deployment route rather than a general academic research mechanism.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.