$1.25 billion Climate Action Fund for WA’s low-carbon future

  • $500 million boost to Climate Action Fund taking the total to $1.25 billion
  • Almost $60 million to accelerate the use of electric and hydrogen vehicles
  • $62 million to power Rottnest Island with 75 per cent renewables
  • $31 million for climate action research and planning
  • $30 million from the Climate Action Fund to boost the Just Transition Plan to support the end of native logging in 2024
  • Budget responds to climate change and supports WA’s prosperous low-carbon future
  • The McGowan Labor Government is responding to climate change and protecting the environment with a $652 million investment in the 2022-23 State Budget that will boost Western Australia’s prosperous low-carbon future.

    This includes an additional $500 million for the Climate Action Fund that was unveiled by the McGowan Government in last year’s State Budget, taking the total to $1.25 billion.

    The Climate Action Fund invests in sustainable WA jobs and industry innovation while protecting and enhancing the State’s unique environmental heritage values and assets, supporting our transition to net zero by 2050.

    The $500 million will be invested in delivering priorities in our climate change policy. 

    A $59.3 million Clean Energy Car Fund will be created, which will provide 10,000 rebates of $3,500 to Western Australians that buy a new electric or hydrogen fuel cell vehicle up to a value of $70,000.

    This Fund will also invest $22.6 million in new charging infrastructure to expand WA’s electric vehicle charging network, including:

    • $10 million to support not-for-profits and small and medium-sized businesses with grants of up to 50 per cent of installing charging infrastructure;
    • $5 million to support local governments to install charging infrastructure by providing grants of up to 50 per cent of the installation cost;
    • $4 million for the Public Transport Authority to trial the installation of electric vehicle recharging infrastructure at four train stations, providing up to 20 bays per car park with commuter charging access; and
    • more than $2.9 million in eight new charging stations across four locations on a section of the National Highway One, between Norseman and Eucla to ensure WA’s charging network extends to South Australia and is the longest in the world.

    A further $31 million has been allocated for climate action research and planning to support various initiatives to assist State Government agencies to reduce carbon emissions.

    This $31 million includes funding to:

    • develop and implement strategies to reduce emissions and transition the agriculture, freight and regional heavy transport industries to net zero as part of the Sectoral Emissions Reduction Strategies;
    • deliver more carbon farming projects on Government managed land;
    • develop a Carbon Farming Industry Development Plan;
    • climate risk assessments, reporting and adaptation planning for government agencies;
    • fund specialist research to inform the strategy to transition the Public Transport Authority’s bus fleet to electric vehicles; and
    • expand the Western Australian Carbon Dioxide Geological Storage Atlas.

    The State Budget also includes a $62 million commitment that will see renewables power 75 per cent of Rottnest Island’s energy needs and upgrade water assets to enhance the holiday destination’s infrastructure and support expanded growth.

    $30 million from the boosted Climate Action Fund has also been allocated to the Just Transition Plan to create a new program to assist regional communities to transition to new industries when native forest logging ends in 2024. This takes the total amount committed to the Native Forest Just Transition Plan to $80 million.

    In addition to the $500 million boost to the Climate Action Fund, the 2022-23 State Budget also includes funding for further environmental protection initiatives, including:

    • $3.3 million for the industry-funded Port Hedland Ambient Air Quality Monitoring project;
    • $3.1 million to support the delivery of the Gnangara Groundwater Allocation Plan;
    • $3.3 million for the implementation of the soon-to-be-released Native Vegetation Policy Implementation;
    • $2.6 million to support the establishment of the Exmouth Gulf Coordinating Body;
    • a further $1.6 million for the Murujuga Rock Art Strategy; and
    • $800,000 for the marine research and management planning associated with the proposed Exmouth Gulf Marine Park.

    A further $19.9 million has also been allocated for the McGowan Government’s Plan for Our Parks initiative to implement joint management arrangements with the Traditional Owners of the proposed Matuwa Kurarra Kurarra National Park and the Lake Carnegie Nature Reserve. The Plan for Our Parks initiative aims to create five million hectares of new national parks, marine parks and other conservation reserves.

    For more information, visit https://www.ourstatebudget.wa.gov.au

    As stated by Premier and Treasurer Mark McGowan:

    “My Government is committed to responding to climate change and setting up WA for a prosperous low-carbon future.

    “Our strong budget management gives us the capacity to deliver more funding to support new and exciting initiatives that will protect our environment.

    “The additional $500 million in this Budget takes the total in our Climate Action Fund to $1.25 billion, and will be used to invest in sustainable WA jobs and industry innovation.

    “On top of this, we’re also committing almost $60 million to accelerate the use of zero emission vehicles, which will see Western Australians benefit with $3,500 grants for the purchase of these vehicles and upgraded EV infrastructure across the State.

    “All of these initiatives will set up WA’s future and ensure the unique environments found right around our State are protected for future generations.”

    As stated by Climate Action Minister Reece Whitby:

    “As a Government, we have an ambitious environmental agenda centred on reducing carbon emissions and enhancing protection for our unique natural environment.

    “We know we are an energy intensive State and we know that this is the time we need to act on climate change.

    “This funding shows that we are committed to a low-carbon future for Western Australia.

    “It will enable government and industry to accelerate the electrification of our transport and energy systems, support innovative solutions to stabilising our climate and put the State on a meaningful path to reaching net-zero emissions by 2050.”

    /Public Release. View in full here.