Investors welcome government decision to support clean energy investment

23 March 2016

The Investor Group on Climate Change (IGCC) welcomes reports of the Government’s decision to retain the Clean Energy Finance Corporation (CEFC) and Australian Renewable Energy Agency (ARENA) and to establish the Clean Energy Innovation Fund (CEIF).

“The decision to retain and support Australia’s clean energy finance bodies is a positive one”, said Emma Herd, Chief Executive Officer of the Investor Group on Climate Change (IGCC).

“The market recognises that an economically efficient transition to a low carbon economy must involve greater investment in clean energy and low carbon technology. There is no shortage of investor appetite for low emissions technologies and clean energy, but getting the policy signals and investment settings to align is critical to moving capital”.