Driving a clean industrial revolution
We want to work with you to transform NSW into an innovative, thriving low carbon economy. By accelerating the development of clean technology and decarbonisation, we can lay the foundations to significantly reduce emissions and help industry prosper.
With more than $1 billion to support and partner with industry to move towards net zero, we are committed to:
- encouraging investment in clean technologies, with increased certainty and confidence for investors.
- future proofing industry by helping you decarbonise
- creating a strong NSW by growing jobs and strengthening the economy.
By embracing the benefits of a low carbon economy, we can position NSW as an innovative leader now and into the future.
Net Zero Industry and Innovation launched in March 2021. It is part of the NSW Net Zero Plan Stage 1: 2020-2030 to reduce emissions by 70% by 2035 and achieve net zero by 2050.
Learn more about our investment priorities in our Net Zero Industry and Innovation Investment Plan.
Our 3 focus areas
We’re helping NSW’s brightest minds make innovative climate solutions a global reality. We’re doing this by progressing technologies from the lab to real world environments through a range of grants.
A thriving clean technology community in NSW creates huge economic growth fuelling new investment, new jobs and new opportunities for businesses and communities.
We are laying the foundations for low emissions industries by:
- building enabling infrastructure and increasing capability of our supply chains
- creating regional industrial decarbonisation plans across NSW.
To do so, we’re investing $55 million into the Hunter and Illawarra to help accelerate their shift towards innovative clean technologies. We’re working with mining and manufacturing industries, clean industry experts and regional partners to help design tailored and actionable plans for each region.
This will open up huge economic growth and secure the regions’ low carbon economic futures.
Learn more about our industrial decarbonisation plans
Developing renewable and low carbon manufacturing industries in NSW
We've launched the Net Zero Manufacturing Initiative, with up to $250 million in funding. Applications are now open for funding to expand and increase our local manufacturing capacity of:
- low carbon products and materials
- components for renewable energy.
Learn more about the Net Zero Manufacturing Initiative
Hydrogen hubs in NSW
We are supporting the development of 3 hydrogen hubs to increase the production and availability of green hydrogen across the state. These hydrogen hubs are critical to reaching our green hydrogen production capacity target of 700 megawatts by 2030.
Read more about our hydrogen projects and how you can get involved
Hume Hydrogen Highway initiative
We’ve partnered with the Victorian Government to co-deliver the $20 million Hume Hydrogen Highway initiative. This will establish Australia’s first hydrogen refuelling corridor.
This joint initiative will transform our broader transport sector and drive investment in NSW’s green hydrogen economy. Applications have closed and are currently being assessed.
Helping our highest emitting industries shift to net zero and deliver significant emissions reduction by 2030.
We are working with some of the State’s largest manufacturing facilities to help them scope transformative industrial projects. With funding to support major plant and equipment upgrades, we will help manufacturing fast-track their emissions reductions.
$305 million of grant funding is available to help these sectors significantly reduce their emissions and strengthen resilience into the future.
Funding cycles
Net Zero Industry and Innovation will provide a range of funding opportunities for industry and business.
Learn more about the funding cycles
Stay updated
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