We support the global transition to net zero emissions by accelerating the pace of pre-commercial innovation, to the benefit of Australian consumers, businesses and workers. Our purpose is to support improvements in the competitiveness and supply of renewable energy and the uptake of energy efficiency and electrification by providing financial assistance and sharing knowledge, to accelerate innovation that benefits all Australians, and facilitates the achievement of Australia’s greenhouse gas emissions targets. Since 2012, we have supported more than 800 projects with over $3 billion in grant funding, unlocking a total investment of almost $15 billion in Australia’s renewable energy industry. Our expertise, deep understanding of the renewable energy sector and willingness to fund innovative and ground-breaking projects mean we provide a pathway to commercialisation for many new technologies and businesses that would otherwise struggle to get off the ground or be potentially lost to overseas markets. We help them get on with the business of renewables. Our funding is helping to launch a renewable hydrogen industry, supporting industry to reduce emissions, and bringing people tog