and to invest in research and development and new low- or zero-emissions capacity. Information on possible projects identified under the Energy Efficiency Opportunities program will also be included in these Plans. Table 1: Support for innovation Program/Measure : Clean Energy Finance Corporation Description The Clean Energy Finance Corporation (CEFC) will be established to invest in the commercialisation and deployment of renewable energy and enabling technologies, energy efficiency and low-emissions technologies. It will also invest in the transformation of existing manufacturing businesses to re-focus on meeting demand for inputs for these sectors.Funding will be divided into two streams: a renewable energy stream which will have one half of the funding allocated; and a general clean energy stream which will have half of the funding allocated and will be able to fund renewable energy projects in addition to the dedicated stream. The CEFC will provide finance for projects through commercial loans, concessional loans, loan guarantees and equity. Capital will be reinvested in the CEFC. The CEFC will have an independent Board, comprised of experts in banking, investment management and clean energy and low-emissions technologies, with its responsibilities to include setting the investment strategy for funds being invested and managing these investments consistent with the investment mandate prescribed by the Government. The CEFC will not invest in Carbon Capture and Storage technologies. The Prime Minister will appoint the Chair of the CEFC Board to report back to the Government by early 2012 on: a proposed investment mandate for the CEFC; the policy on