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$14 million boost for sustainable concrete research

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21 Nov, 2024

This post was originally published on Sustainability Matters

The SmartCrete Cooperative Research Centre has committed $3.2 million in funding to six industry-led research projects aligned to its mission of transitioning concrete for a sustainable Australia.

The six projects, co-funded by industry, research and SmartCrete CRC, will explore novel approaches to sustainable design, use and management of concrete. Representing a total investment of $14 million (cash and in-kind) in research and development, the projects aim to advance Australia’s concrete capabilities to deliver the material and technology change needed to abate the sector and achieve net zero by 2050.

SmartCrete CRC CEO Clare Tubolets said that the six projects, which have emerged through SmartCrete CRC’s latest funding round, will focus on developing innovative materials, technologies and building techniques that will improve the long-term performance and sustainability of Australia’s concrete infrastructure.

“As we strive towards net zero, adopting sustainable solutions that minimise the environmental impact of concrete while securing the sector’s long-term viability is crucial.

“We invest in homegrown concrete innovations that have the potential to transform how we design, use and manage concrete infrastructure,” Tubolets said.

The six projects leverage technologies such as 3D printing and computer vision systems, addressing the efficiency, productivity and cost challenges of concrete construction and maintenance. They represent key steps towards a more efficient and sustainable concrete ecosystem.

Image credit: iStock.com/Caiaimage/Trevor Adeline

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Government consulting on sustainable investment labelling

Government consulting on sustainable investment labelling

The Australian Government is starting consultation on sustainable investment product labelling, which is designed to give investors more confidence to put more capital to work in sustainable products.

The federal government said the release of this paper is a key step in implementing its Sustainable Finance Roadmap — designed to help mobilise the capital required for Australia to become a renewable energy superpower, modernising the financial markets and maximising the economic opportunities from net zero.

This consultation paper seeks views from investors, companies and the broader community on a framework for sustainable investment product labels.

These labels are designed to help investors and consumers identify, compare and make informed decisions about sustainable investment products to understand what ‘sustainable’, ‘green’ or similar words mean when they’re applied to financial products.

The government said a more robust and clear product-labelling framework will help investors and consumers invest in sustainable products with confidence and help tackle greenwashing.

This phase of consultation will run from 18 July to 29 August and help the government refine its design principles for the framework.

The consultation paper is available on the Treasury consultation hub.

Image credit: iStock.com/wenich-mit

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