The CEFC portfolio of investment commitments reached almost $6.2 billion at 30 June 2019, after allowing for revocable commitments, repayments and amortisation on almost $7.2 billion in total CEFC commitments since inception.
Clean energy impact
CEFC finance has helped drive $24 billion of investment commitments to clean energy projects, supporting significant growth in large-scale renewables in particular.
We have deployed more than $5 billion to investments and projects Australia-wide, of which some $718 million was repaid or returned to 30 June 2019.
Each dollar of CEFC commitments has been matched by more than $2 in private sector finance, demonstrating our ability to attract additional private sector finance into lower emissions.*
Our commitments are targeting lifetime emissions abatement of more than 260Mt of CO2-e, reflecting the combined efforts of the CEFC and our co-investors.
- The CEFC does not claim that abatement associated with its investment commitments occurs independently of government policies such as the Renewable Energy Target.
There is evidence to support a finding that in the absence of the CEFC a range of projects it supported may not have proceeded.Statutory Review of the CEFC
|Est lifetime emissions (tCO2-e)||64m||260m|