$5 Billion Net Zero Fund: What It Means for Australia’s Cold Chain
The Government announced the design of the new Net Zero Fund within the National Reconstruction Fund (NRF). The government is now consulting industry on design of the fund to ensure its fit for purpose.
The RWTA lodged a submission in 2025 with the NRF to help heavy industry cut emissions and scale up low-emissions technology manufacturing.
The $5 billion Net Zero Fund offers finance at a rate below typical commercial returns, enabling risk-taking that encourages adoption of decarbonisation technologies and attracts private investment.
It aims to lower energy costs, improve competitiveness and preserve jobs in key industrial sectors while supporting Australia’s transition to net zero emissions.
The Net Zero Fund is expected to be operational by mid-2026 and signals government commitment to capturing opportunities from the global energy transformation.
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Net Zero Fund proposed design Summary of consultation feedback