The CORENA Fund provides interest-free loans to help fund Quick Win climate projects anywhere in Australia in cases where the up-front capital cost is a barrier. 

They offer project loans to non-profits, community organisations and social enterprises and will also consider businesses or cooperatives with a social or environmental purpose.

Examples of eligible projects:

• Solar panels
• Energy audits
• Heating and cooling
• Lighting retrofits
• Energy monitoring
• Heat pump hot water systems
• Induction stovetops
• Heat pump space heating
• Cars & buses
• Delivery vehicles

Eligible organisations

Non-profit organisations such as independent schools, community and neighbourhood centres, bowling clubs, sporting clubs, child care centres, aged care facilities, community housing cooperatives, social enterprises and office buildings are all usually great candidates for a carbon reduction project and a CORENA loan.

When you apply CORENA will check that you are;

• A well established organisations that is likely to continue operating for many years.
• An organisation that provides broad community benefit (eg. a church-run food bank is eligible, but a building used just for worship isn’t).
• An organisation that is consistent with our ethical considerations (eg. a sports club that has poker machines is not eligible).
• An organisation where sourcing capital is a barrier to you implementing the project.

If the applicant is a religious organisation, the project must be for non-proselytising activities that provide tangible benefits to the general public. 

• Email: admin@corenafund.org.au