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In the midst of global challenges outlined in the 2024?Global Risks Report by the World Economic Forum (WEF), Australian businesses are concerned about economic downturn, inflation, household debt, energy supply shortages, and extreme weather events, as revealed in the 2023 Executive Opinion Survey. While uncertainties prevail, the report serves as a catalyst for companies to shift their focus towards climate transition risk management and opportunity identification.

In response to these trends, our latest blog post looks at the implications of the WEF Global Risk Report. It explores the opportunities and challenges it presents, underlining the proactive approach companies are taking to navigate uncertainties and foster resilience.

At 100% Renewables, we offer support in climate risk management and transition planning, utilising our tools, resources, and workshops tailored to meet specific needs and operational circumstances. Feel free to reach out to us for a chat !

Current grant opportunities

We’re excited to share the following grant opportunities with you:

• Manufacturing Energy Efficiency Grant (MEEG) - The Queensland Department of Regional Development, Manufacturing and Water (RDMW) unveiled the $7.1 million Manufacturing Energy Efficiency Grant (MEEG) program - a game-changing initiative to boost energy efficiency in the manufacturing sector. If you are a manufacturer in Queensland, this is a golden opportunity to enhance energy efficiency, reduce emissions, trim operational costs, and remain competitive. The MEEG provides direct assistance to manufacturing businesses seeking to reduce energy usage and costs. Eligible manufacturers can apply for matched grant funding ranging from $5,000 to $25,000. This funding can be directed towards investing in cutting-edge equipment or processes designed to reduce energy consumption and carbon emissions. 100% Renewables is proud to have been selected as the company providing technical evaluation of the grant applications. For this reason, we can’t directly help you with this opportunity, but we strongly encourage eligible companies to act now to secure your share of the $7.1 million funding pool to drive your business toward a more productive, sustainable and efficient future. Read more about the grant here .

• Community Energy Upgrades Fund - The Australian Government's Community Energy Upgrades Fund is open for applications. This merit-based grant program, backed by $100 million in co-funding over two rounds, supports local governments in enhancing energy efficiency, cutting greenhouse emissions, and reducing energy bills. Round 1, with up to $50 million available, focuses on energy efficiency, demand flexibility, and electrification upgrades at local government facilities. From replacing gas heating systems to installing solar panels and electric vehicle chargers, a range of improvements is on the table. Applications for Round 1 are open until 30 April 2024. Successful applicants can receive grants ranging from $25,000 to $2.5 million. Find the grant guidelines and applications on? business.gov.au .

• Metering Plan Implementation Grant - The NSW Government recently announced the launch of their Metering Plan Implementation Grant. This grant is part of a $12 million package to support businesses across various stages of the metering and monitoring process. The grant offers up to $100,000, covering 50% of the implementation costs and recommendations outlined in the energy metering and monitoring plan. Implementing metering and monitoring systems is key in identifying energy-saving opportunities and building the case for efficiency and productivity upgrades. By addressing these critical steps, NSW businesses can overcome barriers to improving energy performance, contributing to the state's goal of achieving net-zero emissions by 2050. Applications are currently open until June 14, 2024, or until funding is exhausted. For detailed information on the grant, eligibility criteria, and application instructions, please?visit here .

The NGA Factors evolution: Embracing the market-based method

In August 2023, the National Greenhouse Account (NGA) Factors document underwent a significant revision, aligning more closely with Climate Active methodologies. This strategic move signifies increased collaboration across Federal government policy areas, introducing a market-based method and refining the Residual Mix Factor (RMF) methodology.

Explore the implications of these developments on your current approach to emissions reporting and assessment in our comprehensive blog post. Read the full article here .

Exciting developments for 2024 at 100% Renewables

Starting 2024 on a high note at 100% Renewables, we've got some exciting developments just for you! Our Low-Carbon Procurement Webinar series was a success, thanks to your support. Due to popular demand, we're getting ready to develop our online Low-Carbon Procurement Training Program, giving us an even better platform to explore the ever-changing landscape of supply-chain decarbonisation.

We don’t want to develop this program in isolation, so we would love to hear from you on your preferences for the training program. Your feedback will make sure that we hit the mark with this training program, so we've put together a quick 2-minute survey . The first 50 people to answer our feedback survey will be eligible for a 50% discount voucher for the final training program.? ?

Click to take the survey

In addition to the online Low-Carbon Procurement Training, we're gearing up for an insightful webinar on the Net zero commitments by Australian states, local governments and communities. 100% Renewables has been tracking ambitious carbon, net zero and renewable energy commitments made by all levels of Australian governments and communities since 2014. Since our last update in?December 2021 , there has been a notable surge in commitments, with an increasing number of councils transitioning to net zero. Stay tuned for more details, and ensure you follow me on?LinkedIn for the latest updates!

New blog posts

Environmental challenges dominate the top ten risks in the WEF 2024 Global Risks Report

The urgency of climate action becomes even more apparent as the WEF 2024 Global Risks Report identified the top environmental risks, shedding light on the critical challenges that will define the next decade. From the escalation of extreme weather events to the threat of biodiversity loss and natural resource shortages, we explore the multifaceted dimensions of these risks…

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The NGA Factors evolution: Embracing the market-based method

The latest National Greenhouse Account (NGA) Factors signifies an important shift in emissions assessment practices, such as introducing the market-based method and updates to the calculation of the Residual Mix Factor, or RMF. These changes harmonise with Climate Active methodologies, enhancing collaboration and coordination within federal government policy. Explore the impact of these developments in our latest blog post…

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