Renewable Database

Safeguarding the Future: Australia's Response to Climate Change

Country  Australia
Year Implemented 1998
Policy Status Ended
Date Ended 2007
Agency •Australian Greenhouse Office (AGO)
Related Policies Mandatory Renewable Energy Target
Policy Type •Voluntary Agreement
  •Private Sector/Government
Policy Target •Multiple Renewable Energy Sources
  •All
Policy Sector •Framework Policy
Description Safeguarding the Future: Australia's Response to Climate Change is a broad strategy that was enumerated in 1998. The package sought to stimulate innovative technologies and provide an ongoing base for commercially competitive renewable energy, including international competitive measures.

The strategy's measures included:

Mandatory Renewable Energy Target (MRET)

Renewable Energy Innovation Investment Fund (REIIF) - since renamed Renewable Energy Equity Fund (REEF)

Renewable Energy Technology Commercialisation Loans & Grants (integrated into the Renewable Energy Industry Programme)

Renewable Energy Showcase Programme

While this strategy was superseded in 2007, some individual component programmes are still active. Please see separate entries for programmes still current.
URL www.climatechange.gov.au