Australia’s Clean Energy Finance Corp. (CEFC) is planning to commit $100 million to the Australian infrastructure platform of Macquarie Infrastructure and Real Assets (MIRA) in an effort to reduce carbon emissions and improve energy efficiency in airports, electricity, port, rail and water sectors.
Almost half of Australia’s greenhouse gas emissions come from infrastructure, said Ian Learmonth, CEO of CEFC, in a statement announcing the investment.
“Investors and asset managers are more aware than ever that cutting emissions requires timely action across the economy, especially in a sector as substantial as infrastructure,” he said. “There are a range of proven technologies and strategies that can cut emissions in Australia’s diverse transport and energy assets and improve productivity and energy consumption.”
According to CEFC, the investment is a follow-on to a previous investment in MIRA. In February 2018, the organization committed $100 million
