Climate Change Fund Annual Report

The NSW Climate Change Fund was established on 1 July 2007 under the Energy and Utilities Administration Act 1987 and is administered by the Office of Environment and Heritage.

The purpose of the fund is to increase public awareness of climate change, stimulate investment in new water and energy saving technology, reducing demand for drinking water and grid electricity as well as saving related greenhouse gas emissions.

Climate Change Fund Annual Report 2011 - 2012

This is the fifth Annual Report for the NSW Climate Change Fund, covering the 2011-2012 financial year of operations.

In 2011-2012, the Fund expended $331 million to help households, businesses, government and communities become more sustainable by saving water, power and greenhouse gas emissions as well as money off utility bills. The Fund also stimulated investment in renewable and clean energy technologies including meeting the costs of the Solar Bonus Scheme and reducing the risk of extreme bushfire events as a result of climate change through the Enhanced Bushfire Management Program.

To 30 June 2012, more than 19.8 billion litres of water, 917,000 megawatt hours of electricity, 964,000 tonnes of greenhouse gas emissions and $206 million off water and power bills are saved each year, as well as 66,000 kilowatts of peak demand. On average, every $1 the Fund invests in energy and water saving initiatives across all programs delivers $4.80 in utility bill savings.

Climate Change Fund Annual Report 2011-2012 (120853CCFAR1112.pdf, 6.64MB)

Climate Change Fund Annual Report 2011-2012 word version (120853CCFAR1112.doc, 390KB)