Low emissions international technology partnerships and initiatives

Australia comits to spend $565.8 million in the 2021-22 Budget to support research and development and demonstration projects for low emissions international technology partnerships and initiatives. Co-funding research and development projects will enable Australia to make low emissions technologies more affordable and help the country develop its industry, while boosting job creation (up to 2 500 new jobs expected). The partnerships are expected to leverage $3 to $5 of co-investment for every dollar invested.

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