Rewiring Australia is working with the Australian National University (ANU) on policy design and modelling of Income Contingent Loans (ICLs) to address financing barriers to electrification for low-income households, and those who don’t meet the commercial banks' lending criteria.
The project aims to provide clarity how a government supported/funded finance program could be implemented to realize widespread uptake of electrification and the subsequent emissions reductions.
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Further reading
Rewiring Australia: Loans for electrification – Find out why this organisation was selected for a 2023 Visionary Grant