AU$108 million wood processing grants awarded

AU$108 million wood processing grants awarded

Friday 28 Apr 2023

The Australian Forest Products Association (AFPA) has welcomed the Albanese Government’s delivery of the more than AU$108 million awarded across 34 separate grants to timber and wood processors as part of the Accelerate Adoption of Wood Processing Innovation (AAWPI) program, Chief Executive Officer of AFPA Joel Fitzgibbon said.

The AAWPI grant recipients will undertake a range of innovative projects with the funding including manufacturing products for use across housing and construction, packaging, timber for higher end products and production of activated carbon. Of the 34 grants, four will be going to projects involving first nations organisations.

“AFPA campaigned ahead of last year’s Federal Election for such a manufacturing innovation fund and we were pleased to get a bipartisan commitment for this grants program. Additionally, it will allow processors and manufacturers to pivot and make the most of the opportunities emerging from the national and global boom in demand for sustainably sourced timber and wood fibre products. Over 25 per cent of Australia’s emissions come from construction and using more timber will help Australia meets its emission reduction targets,” Joel Fitzgibbon said.

Grant funding of between AU$1 million and AU$5 million will be awarded to the 34 successful applicants from this financial year until 2025-26, under the AAWPI.

A full list of successful applicants, funding supplied and projects can be viewed here.

Source: AFPA

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