The CEFC is responsible for investing $10 billion in clean energy projects on behalf of the Australian Government. We help lower Australia's carbon emissions by investing in renewable energy, energy efficiency and low emissions technologies. We also support innovative start-up companies through the Clean Energy Innovation Fund. Across our portfolio, we invest to deliver a positive return for taxpayers.
The CEFC is a corporate Commonwealth entity under the governance regime of the Public Governance, Performance and Accountability Act 2013 (Cth) (the “PGPA Act”) and governed by an independent Board (the Accountable authority under the PGPA Act). The Board reports to the Australian Parliament through its responsible Ministers.
The CEFC is a statutory authority established by the Australian Government under the Clean Energy Finance Corporation Act 2012. Under the Public Governance, Performance and Accountability Act (PGPA Act), the CEFC is known as a corporate Commonwealth entity.
At the CEFC we’re playing an exciting key role in Australia’s clean energy investment, working alongside project developers and co-investors to deliver benefits right across the Australia economy: from renewable energy to essential infrastructure; from home owners to small businesses and farmers; from innovative start-ups to institutional investors focused on a sustainable future.