The award recognises the most innovative and creative emission reduction project or initiative, as assessed against the judging criteria by the CORENA Committee.

The value of the 2025 Innovation Award is $5,000 - which can be applied as a one-off cash contribution to the recipient organisation, for the implementation of the winning project or initiative, or as an offset against a CORENA loan to support the implementation of the project or initiative.

The following eligibility criteria apply for Innovation Award applicants:

• Applications are open to any organisation or individual pursuing a project or initiative to reduce carbon emissions.
• The project or initiative must be in the early stages of development i.e. the award will not be awarded retrospectively to an established project or initiative, unless for expansion purposes.
• The award funds must be important in achieving implementation of the project or initiative.
• The applicant may or may not also be pursuing a loan with CORENA.
• CORENA employees, contractors, committee members and their immediate families are not permitted to apply.

Applicants can self-nominate or be nominated by others.

• Email: admin@corenafund.org.au