Department of Climate Change, Energy, the Environment and Water
Funding Of International CCUS Research Partnerships Program 1.
Summary
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Correspondence from January 2023 documents Minister Chris Bowen's in-principle agreement to fund an International CCUS (Carbon Capture, Utilisation and Storage) Research Partnerships Program through the CO2CRC (Cooperative Research Centre for Greenhouse Gas Mitigation Technologies). The exchange between DCCEEW staff and CO2CRC leadership confirms the minister's approval and outlines next steps, including a grant application process expected to take up to ten months. CO2CRC indicated willingness to provide interim $1.8 million in matching funds from their board to align with Japanese partner contributions while awaiting formal Australian government funding approval. A meeting was scheduled for early February 2023 to discuss the formal grant process, timelines, and due diligence requirements.
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