Funding deadline looms
The first two funding rounds of the new-look Low Emission Transport Fund (LETF) close on November 3.
The aim of round one is to provide co-funding for low-emissions vehicles and transport technology. The second round focuses on the installation of extra public charging infrastructure.
Both rounds opened on October 7. Further rounds will open next year with additional focus areas, including the off-road, marine and aviation sectors.
“We are looking forward to working with successful applicants to continue to bring emissions down in the transport sector,” says a spokesperson for the Energy Efficiency and Conservation Authority, which is administering the fund for the government.
The LETF will support the demonstration of high potential and replicable solutions, and adoption of low-emissions transport technology, innovation and infrastructure to help accelerate the decarbonisation of the transport sector.
The fund will focus on activities that move people and or goods on roads, off-road, and in the marine and aviation sectors to:
• Demonstrate innovative solutions that will enable future adoption and deployment
• Reduce energy-related emissions in the transport sector.
• Address market and organisational barriers through co-investment and diffusion of new knowledge and learnings.
• Share knowledge and learnings to stimulate wider replication of successful projects and solutions in the transport sector.
Wider transport systems and activities, such as building roads, urban design and mode-shift policy, are excluded.
To best deliver the outcomes of the LETF, it is divided into a portfolio of investment activities, which will be released to the market as individual rounds for co-funding in each area within the scope of the fund.
Announcements will be made in advance of each new activity. Click here to find out more.