Country:Australia
Year:2015
Policy status:In Force
Jurisdiction:National
Date Effective:2015
Policy Type:Economic Instruments>Fiscal/financial incentives, Economic Instruments>Direct investment, Regulatory Instruments>Codes and standards
Policy Target:Multiple RE Sources
Policy Sector:Electricity, Multi-sectoral Policy
Agency:Department of the Environment and Energy
URL:http://www.cleanenergyfinancecorp.com.au
Legal References:The Clean Energy Finance Corporation Act 2012 received Royal Assent on 22 July 2012 and Proclamation was received on 3 August 2012.
Funding:$2 billion AUD per annum for 5 years commencing 1 July 2013, plus earnings from investment activities
Description:

The Clean Energy Finance Corporation (CEFC) was established on 3 August 2012, with $10 billion in funding available over 5 years. The CEFC invests in renewable energy, low-emissions technology and energy efficiency projects. Funding is generally provided through loans on commercial or concessional terms. However, the CEFC is not restricted from using other structures to address impediments to investment in the clean energy sector. 

Related policies:Australian Renewable Energy Agency (ARENA)

Last modified: Fri, 05 May 2017 18:40:59 CEST