NSW is taking action
NSW powers Australia’s economic engine and will now apply the same transformational leadership, energy and drive to leading Australia – and the world – in attracting investment and generating jobs in the ‘race to zero’.
NSW’s ambitious target to halve emissions by 2030 and achieve net zero by 2050 is backed by a bold plan to create opportunities for investment in clean-tech, decarbonisation and the net zero economy.
Investment NSW is working with business to open doors to investment, provide support and remove barriers. Together with business, we can grow the economy, create jobs and reduce the cost of living and doing business in the transition to net zero.
We are unlocking significant investment growth opportunities and driving transformation across key subsectors that form the backbone of the transition to net zero.east
We can help you access funding support to establish or grow your clean-tech business, invest in research and development to solve decarbonisation challenges, or build critical infrastructure.east
Energy Renaissance produces climate-optimised lithium-ion batteries for utility and commercial users at their advanced manufacturing facility near Newcastle in NSWeast
Read the transcript of the '' video
[Amy Brown, Chief Executive Officer, Investment NSW]
Hi, this is Amy Brown from Investment New South Wales. Our New South Wales Government has a bold ambition to help businesses decarbonise in the race to zero.
Investment New South Wales is the connective tissue between business, industry, academia government and our net zero ambitions as we attract businesses to New South Wales and help them on their pathway toward net zero.
[Emma Peacock, Head of the Net Zero Economy, Investment NSW]
Hi, I'm Emma Peacock, Head of the Net Zero Economy at Investment New South Wales.
We're here to help businesses and investors seize the huge opportunities in New South Wales that our transition to a net zero economy globally presents.
Read the transcript of the '' video
[Text on screen]
The Cleantech Opportunity
With an ambitious target to halve emissions by 2030 and achieve net zero by 2050, NSW is leading the race to net zero.
As Australia's economic engine, a bold plan has been developed to encourage investment in cleantech, decarbonisation and the net zero economy.
The Net Zero Plan, together with the Electricity Infrastructure Roadmap, will result in more than 9000 jobs and up to $37 billion dollars in investment opportunities.
NSW is focused on 9 net zero investment sectors. Our new hydrogen strategy provides an industry framework and $3 billion dollars of incentives.
We are well positioned to develop a whole of value chain battery ecosystem.
Sydney is forging ahead as a leading sustainable finance hub ideally positioned for the decarbonisation funding challenge.
Through the Electricity Infrastructure Roadmap, we are set to position the state as a renewable energy global superpower.
Our electric vehicle strategy will help make NSW the easiest place to buy and use an EV in Australia.
We are transitioning to a circular economy to minimise waste and use and re-use resources efficiently.
Modernising our manufacturing industry with investment and incentives for cleaner technology and processes.
Our Net Zero Buildings Initiative commits $4.8 million dollars to further transform the state's built environment.
We've invested over $29 million dollars in the Primary Industry's Climate Change Research Strategy.
We are home to leading clean technology businesses and research institutions tackling environmental challenges.
This all helps make NSW the best place on earth to invest in this rapidly emerging industry.
Building on NSW’s nation-leading Hydrogen Strategy, Investment NSW has released a Hydrogen Investment Prospectus which highlights the world-class investment opportunities available across the green hydrogen supply chain.east
This plan is the foundation for NSW’s action on climate change and goal to reach net zero emissions by 2050. It outlines the NSW Government’s plan to protect our future by growing the economy, creating jobs and reducing emissions over the next decade.east