Glossary

Term Definition
AI Artificial intelligence
ARENA Australian Renewable Energy Agency (ARENA). ARENA is a statutory authority that provides research, development and deployment grant funding to improve the affordability and increase the supply of renewable energy in Australia.
Biotechnologies Biotechnologies harness cellular and biomolecular processes to improve our health, wellbeing, economy and environment. This includes engineering cells that recycle plastics and microorganisms to recover metals from ores
CO2 Carbon dioxide 
CO2-e Carbon dioxide equivalent
CRC  Co-operative Research Centre 
DCCEEW  Department of Climate Change, Energy, the Environment and Water 
DISR Department of Industry, Science and Resources
DRI Direct reduced iron
GDP Gross Domestic Product
GVA Gross Value Added
GWP Global warming potential
Mt Million tonnes
NGERS National Greenhouse and Energy Reporting Scheme
NZEA  Net Zero Economy Authority 
R&D Research and development
Scope 1, 2 and 3

Scope 1 emissions refer to greenhouse gas emissions released into the atmosphere as a direct result of the activities at a facility

Scope 2 emissions are those released in the process of producing the electricity which is generated externally and imported in to power a facility,

Scope 3 emissions are other indirect emissions which occur outside the boundary of a facility. Typically, these occur are upstream or downstream of the facility. (CER, 2025b)

SME Small-to-medium enterprise (non-employing and businesses with 1–19 or 20–199 employees)