Australia announces new priority activities for the Emissions Reduction Fund

The Ministry for the Environment, Australia, has released a list of priority activities that will potentially help create additional opportunities to participate in the future Emission Reduction Fund auctions.

The Emission Reduction Fund is a specially designed program implemented by the Australian Government. The Fund runs in harmony with other programs targeted toward reduction of Australian emissions. The program provides incentives for emission reduction activities across the nation.

The work done under the new plan announced by the government will build on the existing success of the Emission Reduction Fund. In addition, it is expected to help beat Australia's 2020 target and work toward the country's 26-28 percent 2030 targets.

Although more than 500 projects are already registered under the program, the government believes that a new set of activities can further facilitate Australian businesses from agriculture, industrial processing, vegetation, waste and transport sector to participate in the Fund.

Some of these priority activities include energy efficiency improvement to pumping systems used in agricultural, mineral processing and food manufacturing sectors. In addition, the government believes that improvement of existing energy efficiency systems in public buildings, schools and hospitals can help businesses further participate in the future Funds.

The Australian Government identifies a set of priority activities each year to provide a forward work for method scoping and development. The list is developed in collaboration with the independent Emission Reduction Assurance Committee, the public and technical working groups.

The complete list of priority activities identified by the government is available at the Department of Environment's website. The second auction is scheduled to be held between November 4 and 5.

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